If you constantly find that you’re short on cash, there are a few things you can do to rectify it. It’s never fun to scrimp and save every penny, especially when you’ve got children, so being smart and making sure your finances are in order is a must. Here’s what you can do if you’re low on dough:
Create A Budget
If you haven’t got a family budget yet, it’s no good wondering why you’re running low all the time. When you have many little mouths to feed, including yourself, paying attention to what you earn is crucial. Create a budget so you have a set amount to spend on certain things, such as food and luxuries. This will ensure you’re not overspending in one area, and that you can maybe put some money away for a rainy day.
Pay Close Attention To What You Spend On The Children
You might not realise just how much you spend on the kids in any given month. Some average figures can reach up to £1000 once you factor in things like clothes, treats, days out, and everything else! This doesn’t mean you can’t spend money on them, just that you need to pay closer attention to even the little things you buy. It all makes a difference.
Sell Your Old Things
If you have lots of old things lying around, sell them! You can use Facebook marketplace to do this now, making the process much easier.
Start Buying Used
Instead of buying brand new all the time, make it your mission to buy most things used. Many of the things you buy will still be in great condition!
Make Sure You’re Not Missing Out
Find out whether you’re missing out on money that belongs to you. Look at the infographic below!
credit to History of UK welfare
*This is a collaborative post*