5 Bad Spending Habits of Busy Moms (And How to Break Them!)
Busy moms have a tendency to spend more money than they should because they are busier than usual. The key to having enough funds to make it from one week to the next is spending them in an intelligent fashion. The following are five bad spending habits of busy moms and some suggestions as to breaking them:
Eating out:
Moms on the go have a horrible tendency to spend money on fast food for themselves and for the children. Fast food can cost as much as $20 per day, which is $140 in a week. The best way to break this habit is for the mother to start buying food from the grocery store in bulk and cooking the food. Taking food to work or school can save a large amount of cash.
Spending too much on recreation:
A wealth of inexpensive but exciting activities are available for busy moms. There is no need for them to spend cash on movies, fine dining, and expensive getaways. Free parks, beaches, zoos, aquariums, and picnic areas are a great way to save funds.
Using credit cards instead of cash advances:
Sometimes a person can have a bad week and need extra money. However, the worst thing one can do in that situation is put more of a balance on her credit card. For situations that require quick cash with no bearing on credit score, a busy mom can go to a website like http://www.powerfinancetexas.com/payday-loans/el-paso-texas and apply for a cash advance. Whether acquiring a cash advance in Houston TX or Los Angeles CA, you can be assured that a cash advance will not affect your credit and it is usually quick and hassle free.
Taking money from the savings:
Taking money from one’s savings account is the worst thing she could do if she wants to remain financially sound. A person always needs a cushion to survive. However, she may use a cash advance Houston, TX to make up for any money she has taken from the sacred account
Buying brand name clothes:
One of the biggest errors that a busy mom makes is spending too much money on kids clothing. Children grow at an extremely rapid pace. Therefore, it makes no sense to over spend on items they will grow out of in a matter of months. A good solution to this is to shop at discount stores and buy generic brands.
A busy mom can recover from financial hardship by using one or a combination of the aforementioned tips. It is never too late for a person to start spending money more wisely.
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Category: Budget, Family Finances, Saving Money
