money management

8 Ways to Stay Motivated When Finances Are Tight – Single Mum, Parents Article

Life throws us all sorts of curve balls. It’s all about the way you handle them. Being in debt and having a tight budget can be pretty burdensome. The key is to stay motivated and find a way to make your finances work even if money is tight for the moment. Staying motivated during tough financial times is easier said than done. However, here are some realistic ways to boost your motivation so you can get back on track financially.…

Read More

7 Real Ways to Pay Off Your Student Loans Faster – Single Mum, Parents Article

I recently watched a documentary online about the 2008 housing crisis. The film followed 3 individuals who unfortunately lost their homes at the time and covered their journey to rebuild their finances over the past 10 years. It really inspired a lot of conversation about when the next financial crisis would occur in the U.S. – not if it would occur but when. Some economists and financial gurus brought up the idea that the next crisis could involve the massive…

Read More

5 Easy Hacks to Help You Stick to Your Budget – Single Mum, Parents Article

If you want to keep track of your finances and properly manage your cash flow, you need a budget. There’s no way around it but still, only 41% of Americans admit to having a budget. This means, most people are not organizing their finances or tracking their spending. While we all know that a budget is an important tool to have, the act of budgeting is a constant habit that many people fail to keep up with. Most people fail…

Read More

How to Use a Spending Freeze to Reset Your Finances – Single Mum, Parents Article

There’s no argument that the best way to save money is to avoid spending it period. This is the thought process I had when I considered doing my first spending freeze a few years ago. A spending freeze is basically when you challenge yourself to refrain from spending money for a fixed amount of time. Having a no spend week or no spend weekend is a common way cut back on your spending and reset your finances. I’ve even heard…

Read More

Saving and Distributing Your Money as a New Parent – Parents Article

Money management is a cute issue in lots of families, especially for new parents. Just under half of Americans spend more than they earn each month. So, new parents can face particular difficulties keeping on top of the baby essentials, the cost of which can very quickly escalate. Living within your means can be a challenge, particularly for low-income families. Here are some tips to help you manage your money effectively with a new family addition to support. Consider app-based…

Read More