Tuesday 29 November 2022

4 Savings Tips for Working Moms

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Being a working mom isn’t easy. Sometimes you can find yourself in a whirlwind of busyness that leaves you almost no breathing room. When you’re spending every moment taking care of the kids, working your day job and doing chores, there can be little time to think about your finances.

However, when you’re proactive about saving money, it can save you from extra stress and improve your family’s quality of life. To get you started, we’ve outlined our favorite money saving tips for working moms below.

Take Advantage of Sales

It goes without saying that when it comes to saving, sales are a mom’s best friend. But to take it a step further, you should look out for opportunities to buy things on sale in bulk. 

For example, there are items such as paper towels, toothpaste and shampoo that your household could go through at a fast pace. When you see items such as these on sale, it’s a good idea to stock up and save money in the long run.

Automate Your Savings

Saving is easy in theory, but even when you have a monthly savings plan, it doesn’t always work out. After all, it can be difficult to remember to transfer money at the beginning of each month. When you automate your savings, however, you don’t have to deal with this issue.

Most banks have a way for you to automatically transfer money at the beginning of each month, making saving effortless. 

Schedule a Weekly Meal Plan

A costly expense for many families is eating out. This makes sense, since at the end of a long work day, cooking could be the last thing that you want to do. Going to a pizza place or McDonald’s can seem like the perfect way to please your kids and take a load of work off of your plate. That said, these costs add up.

To save money on food, it’s a good idea to create a weekly meal schedule in advance. Have a meal laid out for each day of the week, and you can even cook and freeze your meals on Sunday, so you don’t have to worry about prepping every day of the week. 

Embrace Hand-Me-Downs

While not all of your kids’ clothes have to be hand-me-downs or thrifted, if you take advantage of used clothes, it will help you save a handful of money. Alert your friends that you’re open to taking their kids hand-me-downs and pay it forward by donating your kids’ old clothes when they’re no longer needed.

Just make sure to check in with your kids to make sure they are okay with wearing hand-me-downs. For teens, it can be a sensitive subject, but for younger children it shouldn’t be a big deal.


Being a working mom has its difficulties. You might be so swept up in business that you don’t even want to think about your finances. However, when you implement our money management tips, you’ll find that you have one less thing to worry about.

To ensure that your family is taken care of in any situation, you may even want to invest in a life insurance policy. To learn more about life insurance and tips to keep your family financially secure, take a look at our infographic provided below.


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