Smart Mommy Budgeting: How to Save More From the Household Budget

The average American household has an annual pretax income of $74,664 and 40% of that is consumed by the household budget. So it follows you - being in charge of the household budget - will want to find budget-friendly solutions for your family. To that end, what are some sure-fire ways that help you get savings and get more out of the household budget? Check Out Alternate Energy Suppliers The monthly average cost of electricity comes up to 13.26 cents per kilowatt-hour, based on the … [Read more...]

4 Effective Strategies for Saving Money

Because we work hard for our money, it makes sense that it does the same for us as well. And while it’s undoubtedly not an easy feat to minimize expenditure, especially for those with modest incomes, you’d be wrong to think that it’s impossible to achieve a substantial amount of savings. To this end, here are a few effective strategies that you can use to reduce your spending, and as a result save a lot more money in the process. Go for energy efficiency Our utility bills take a … [Read more...]

When is the Right Time to Start Teaching Kids About Money?

Parents always say that they want to teach their children the importance of money but only very few ones really invest effort in doing so. Aside from putting aside bank accounts for kids, every parent is responsible to talk to their children about financial responsibility whether or not he shows interest in playing toy register and plastic coins. You may wonder sometimes about when is the perfect time to start teaching them about money. When is too soon and when is too late? This is a very … [Read more...]

How To Protect Your Family’s Finances

Parenting can be hard especially when you have kids. When you were still a couple, you only had to think about you and your significant other’s welfare. Sometimes, it’s even okay if the two of you skip meals because, as adults, you can survive missing lunch or dinner every once in a while. However, it all drastically changes when you have kids. Now, you need to put the baby’s needs first. You must plan for their future particularly the rising costs of education today. That’s why it’s crucial … [Read more...]

7 Ways To Save Extra Money on Your Water Bills

Even though your water bill might not be the highest utility bill that you pay, you could be wondering if you can shave it down a little bit. There is a good chance that there are small changes that you and your family can make so that you can reduce your water usage. These seven things are all relatively easy changes to make, and they can make a big difference. 1. Change How You Brush Your Teeth and Shave If you are like many people, you might leave the water running in your sink while you … [Read more...]

Skimp and Save – 5 Practical Ways to Save Money Every Day

With countless studies and reports showing the shockingly large numbers of people struggling with debt, it’s plain to see that most of them are living beyond their means. This is why there’s no time like the present to begin trimming extra dollars off your budget. You don’t need to be an extreme cheapskate to save money on a daily basis. There are plenty of simple ways to cut down on spending, where even the smallest things count in the long run. Here are five easy ways you can cut costs … [Read more...]

Shopping on a Budget Made Easy

Grocery shopping is one of those financial obligations that one simply cannot get away from, regardless of how hard you try. In the USA, the monthly grocery budget ranges between 12.4% and 33% of the total household income according to data compiled by the USDA.  That amounts to a lot of money, especially if you have a myriad of other obligations you have to worry about as well. As a mom, you inherently want what is best for your family, and that includes having them well-fed and happy at all … [Read more...]

Tips To Manage Finances For Large Families

Many large families are seeking the answers to raising their children on a budget. The latest report from the Economic Policy Institute puts the average cost of childcare for families in America between $4,822 and $22,631. Considering the rising home prices, living costs and the increased overall cost of raising a family, managing your family’s finances can present a few issues for any large family. More kids are choosing to live at home longer while more seniors are opting to stay with their … [Read more...]