Are you recently divorced and struggling financially? Do you worry that you are unable to meet the needs of you and your children? I did too, there were times after my divorce that I didn’t know where the next meal would come from. Yes, my finances were in a bad state and with some money saving tips I turned my finances around. Have no fear as you too can can turn around yours. This post will share with you money-saving tips that will help you to get back on your feet financially.
6 Money Saving Tips for Divorced Women
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Now that you are controlling your own finances you need a plan and learn how to budget. When you budget, you are actually planning what you’re going to do with your money. This plan includes writing down everyday expenses you have as well as your income. When you do this you will see if you are spending out more than you have coming in. Don’t include your child support or alimony payments as these are not sure of until you actually have them in hand. Your budget should also include money is that you intend to place in your savings. You can plan your budget for one month at a time and then eventually go to one year.
Get rid of unnecessary expensesOne definite way of saving money is to get rid of unnecessary expenses Click To Tweet
One definite way of saving money is to get rid of unnecessary expenses. Look at the things that you are spending money on and see which ones you can eliminate. For example, Cable TV, there are many services which allow you to watch TV for free or even for a small fee. Using a device such as an Amazon Fire Stick and help you to save hundreds of dollars per year. I cut the cable cord almost 4 years ago and is saving a lot of money by using the Amazon Firestick for free. If you are accustomed to eating out on a regular basis, cut back on this and do more home-cooked meals. You would be amazed at the amount of money that you save each week. Use eating out as a treat for special occasions. Look for all the things that you can do without and remove this from your expenses. This is money that can go into your savings
Use discount codes and coupons
using discount codes and coupons can save you tons of money on items that you use on a regular basis. There are brick and mortar and online stores that give discount coupons when you shop. I have been utilizing coupon codes in order to save monies and recently, I created a Facebook group where I share discount codes and Deals mainly from Amazon. My group is called Xceptional Collections Anu Codes, Deals and Discounts, feel free to join and start saving money.
Shopping online is a very convenient way of getting what you need without leaving your homes. Amazon is an online retail shopping giant where you can purchase almost anything you need and get it delivered right to your doors. If you shop on Amazon, you can save money by signing up for Amazon Prime. With Amazon Prime, many of the items you need are shipped for free and you get it in as little as a few hours with the maximum been 2 days. This will definitely save money on shipping costs as well as gas that you would have to use to travel to and from the store. The best thing about Amazon Prime is that you can try it free for 30 days and you can cancel at any time.
I don’t know about you, but I love a good sale. Usually, when I travel to other countries and enter a store, the first place I go to is the sales rack. Why pay full price when you can get it at a discounted price and save money in the meantime? Every opportunity you get, you can shop for sales whether online or in a store. However, be mindful that you should only be buying the things that you need.
Do it yourself
You save money by doing some of the things that you would normally pay for yourself. Accustomed to going to the hairdresser every week? How about going once per month and doing your hair yourself for the other three weeks. You can also do your own pedicure and manicure as there are many pedicure and manicure kits available that you can use such as this gel polish kit. Let YouTube become your best friend. you can learn how to do almost anything from watching YouTube videos. Doing these things yourself will definitely help you save money.
I hope the tips shared here will help you to save money as they did and are still doing for me today.
what do you do to save money?