Budget Like Mom
Budgeting is truly the turf of most mothers. Aside from the traditional role imposed on mothers as the one who budgets the family finances, mothers have the instincts and foresights on what might happen in the future.
But how do moms really stretch the budget? She neither uses complicated formulas nor magic tricks but simple ingenuity and common sense. Peek in through moms’ secrets in budgeting and learn. Role modeling is a good way to encourage attitude, especially towards money.
- She clearly knows where all the money goes. Usually it goes to child care apart from the housing, health insurance, food and clothing. It is unlikely for her to cut cost on her children.
- She studies all options given to her in terms of child care. Before she decides, she examines all aspects like safety, health and education.
- To understand more, she talks to local child-care specialists and works out schedules with her employer for bonding time with kids.
- Moms always shop with a list in her hand to keep track of her budget and expenses. She makes sure she does not exceed. Also, she has no time for checking out tempting stuff at the shopping mall.
- For working moms, it is double the effort. They take care of the house and the children and at the same time work. She incorporates practical ways to accomplish both roles.
• Wearing professional clothes than trendy ones.
• Stays elegant but simple through a combination of basic colors.
• Dry cleaning costs a hefty amount, so, she dons on wash-and-wear clothes.
• Tone down on accessories.
• She engages in a lot of do-it-yourself habits like in cleaning spots and ironing wrinkles in her personal wardrobes.
September 23, 2012 - Posted by The Finance Bench | Budgeting | account, amount, budgeting, dollar, list, mom, money, shop, wise
1 Comment »
About
If you want to receive free updates about budgeting and other financial tips, then do follow us. 🙂
D’ Finance Bench is a blog site that discusses about different financial topics like banking, mortgages,loans,credits,debts and personal budgeting tips. We are a week old blog so bare with us if the content pages are still not filled.
-
Join 32 other subscribers
Finance Articles Map
Blog Stats
- 1,093 Readers
DISCLAIMER
Not all articles in here are written by the owner of The Finance Bench. Most are typically from Private Labeled Right distributors. You understand that by reading the contents in here, there are no private relationship between you and The Finance Bench. The information provided here should not be used as a substitute for competent professional advice from a professional liability risk management consultant or from a licensed financial adviser in your state.
Some Rights Reserve, The Finance Bench 2012
[…] first step you need to take when taking control of your money is find out how you’re managing your finances right now. Where does your money come from and where does it go? You may be surprised to learn that […]
Pingback by Get Control of Your Finances – Steps You Can Take Today « D' Finance Bench | September 29, 2012 |