Parenthood Isn’t Easy: Learn To Keep Your Money In Check

If there’s one thing which you learn when you are a parent, it’s learning to be somewhat cost efficient. Money-smart,  knowing the ins and outs of local stores, and knowing where they sell the cheapest decent hand wipes. It’s basic knowledge like this which keeps up above ground during those tough moments when money is running a bit low, but mouths still have to be fed, and households have to be kept afloat. Now, if you find yourself rather unfamiliar with ways in which you could splash less money on everyday necessities, then look no further than here, because we are going to look into some ways in which you could prepare yourself for those everyday life situations.

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The internet is your friend

Need to find out which kitchen towels are the most effective? Or just about any other question which might seem awkward to ask your friends or neighbours? The chances are that someone wanted to know exactly that at one point in time, and asked that question somewhere online. With some brief google-fu and some clicking about, you will probably find that someone was kind enough to respond to that question with a somewhat coherent answer. Whether it was advice on buying the best curling iron, what to get for your kids for their birthdays, or if it’s worth buying monthly tickets for the family or single-use tickets. Whatever it happens to be, one of many websites will surely have the answer, and if not, it will at least have some discussion which will shed some light on the matter. Not to mention you can find various websites, blogs, forums, all dedicated to just about whatever you might have been looking for.

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Keep track of your expenses

Whether you happen to find yourself running short of funds by the end of the month, or you just feel like you are spending more than you should be, the best thing you can do to manage your existing expenses is to keep track of them. And no, just checking your bank account once a week often proves to not be enough, and no matter how much you feel like you’re on top of things, you might just find yourself suddenly spending a bit more than you expect. If you’re old-school, then getting some good ol’ pen and paper is enough to write down your spendings. Just keep your totals in check, write down any major expenses, and see how much money you have by the end of the week. If You’re more in 2018 than in 1998, then doing the same thing on a spreadsheet in excel or program of your choice, will prove to work rather well. You can find a plethora of templates around online for this exact task. This will not only cause a bit of an “Oh right, I shouldn’t be spending that much” train of thought much more often, it will also show you how much money you happen to be spending the most on. When you’re able to look at your spendings during the month, on screen or on paper, and see where some of the money went, it often gives a much clearer picture of how you could be saving money. Spent more than you’d like on shampoo paper this month? See if there is any on sale anytime soon, and stock up. Want to spend less on food this time around? Maybe it’s worth travelling to the semi-local market and stocking up on groceries there for the week.

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