5 Money Saving Tips for Frugal Single Moms

In today’s economy, it is almost a necessity for moms to be frugal. Being frugal does not mean a reluctance to spend money, however; rather it is a reluctance to overspend. There are several ways to save money around the house and while shopping that can be utilized to help you meet your budget. Here are some money saving tips:

1. Cook dinner at home each night to Save Money

Nothing burns through a budget like eating out. The food is overpriced and the portion sizes are not worth the money spent. For the cost of one adult meal, you can feed your entire family – possibly for more than one night.

2.  Clip coupons to Save Money

This is an important money-saving tip that will minimize the amount that you spend at the grocery store. For maximum savings, peruse the flyers and prepare dinner by what is on sale and use the coupons to enhance your savings. Clipping coupons will help lower the cost at the register. Many grocery chains also double the face value of the coupons up to $0.99.

3.  Pack your children’s lunches rather than have them buy school lunch

School lunches are not typically high-quality nutritious food. You are better off packing your children’s lunches with healthy snacks and avoiding the charges for school lunches which have been steadily increasing over the last few years.

4.  Make your coffee at home instead of buying it on the run

The cost of coffee at the retail chains can add up after a few days of buying. If you are a stay-at-home mom and your husband works, prepare a travel mug for him as he heads out to work instead of him buying coffee on the run.

5.  Shop thrift stores for clothing to Save Money

Most of the clothing items at thrift stores are gently used. Typically, worn-out clothing is not accepted or put up for sale by thrift store owners. In addition to being gently used, the items are priced to sell for moms, such as you, looking for a bargain.

Paying full price on the racks at your local department store is definitely not a good way to save money. Some items do need to be purchased new, but can oftentimes be found on sale. Be sure to scan your flyers for sales, especially right before back to school and major holidays.

There are many money-saving tips out there for frugal moms. Just a few of them are listed above. Take the ideas and roll with them; it will not be long before you find other ways to save money on your purchases. Your budget will thank you.