How many of you teach your children about financial literacy and entrepreneurship? Both of those are definitely being added to Christian’s curriculum. I would much rather he learn the skills of saving and making money from a young age than have to learn the hard way as an adult. Money is not my sole concern in this world, but no one can deny that not having enough money OR not knowing how to manage the money that you do have can create a life that is full of stress and difficulty.
Tag: finances
Do you prefer to carry around cash as opposed to using your bank card? With the popularity of Dave Ramsey’s Debt Relief program, this is becoming a measure that many people are turning to. However, have you heard of the denomination effect and how it effects your spending habits? Read on to find out more about this theory as well as learn a money saving tip that you can apply right away.
Ok, so here’s one thing about me…I. Hate. Shopping. Seriously. I hate it. I hate malls. I hate trying to figure out what I want. I hate lines. I hate spending money. EXCEPT when that shopping is for my son. Then I have little self-control. seriously, it’s kind of a problem. My house is filled with tons of little clothes, toys, shoes, books, and random knick knacks. I have given away loads of clothes and shoes that he never even got the chance to wear.
Aside from rent or mortgage, the biggest expenditure for most families is food. Well, April from Pixie Dust Savings has 5 awesome (and super practical) tips to help us save money on groceries. Check out her post below. :D– Single Mommy Warrior
Money-Saving Tip #1: Set a budget and stick to it.
For one month, record all food purchases. This includes groceries, eating out, and even snacks from vending machines.