Is this what your life feels like?
As a busy mom, is there ever a shortage of tasks on your To Do List?
After making breakfast and getting the kids off to school. There’s running errands, laundry, housework, paying bills, Soccer practice, gymnastics, homework, etc. And perhaps, you may even have to squeeze some full or part-time work into your day as well. Sheesh!
But in the midst of all the chaos, you’ve still got to get dinner on the table, and you have nothing to cook.
So you head to the grocery store. Make a mad dash through the aisles. Then you get to check out and discover, that you’re short on cash! UGH!
Now, you’re standing there looking like a deer caught in the headlights.
And you’re wondering, how did this happen?
You know you need to do a better job of keeping track of expenses but, you-just-don’t-have-time.
After all, clipping coupons, searching for sales ads, and snapping pictures of receipts for shopping apps just don’t fit into your busy schedule.
And you’re sure there has to be a better way for busy moms like you, who want to save money, but without the hassle! The good news is, there is!
And don’t worry! I’m not going to tell you to give up your weekly coffee fix. Because, for die-hard coffee lovers, that may be the only thing keeping you sane!
So Check Out These 9 Painless Money Saving Tips For Busy Moms!
1. Automate! Automate! Automate!
You may have heard that a great way to handle your finances is to automate your bills every month. And guess what? It’s true!
I have practiced this successfully for years. I automate all my fixed expenses such as housing, car loans, insurance, and cell phone bills.
I even automate my credit cards payments if I’m paying a fixed amount every month. This is especially helpful when you set a goal to pay off debt faster.
And if you’re reluctant to automate your bills, then don’t be! Keep in mind, that these are basic necessities that you must pay anyway. So you certainly don’t want them to fall behind on them.
And when you automate, you don’t have to worry about late fees or missed due dates. It also gives you one less thing to do each month, and it helps take the pressure off your already hectic schedule.
2. Shop Using Cash Money
It may sound a bit old school but like the famous quote says:
“There’s no school, like the old school.”
And if you’re looking for painless money saving tips, then using cash money is the way to go! Just think about, nowadays using apps and digital money has made buying stuff almost too easy.
In fact, it could encourage consumers to shop mindlessly, and quickly lose track of spending.
Think I’m exaggerating?
Well, have you ever noticed charges to your bank account that you actually forgot about?
Yeah, that’s a problem! And what’s worse, is that it can lead to an even bigger financial headache such as an overdraft on your account. And that sounds like a whole lot of unnecessary pain!
But if you still need convincing, then here’s why using cash money is best:
- You can never spend more than you have on you!
- There are never any fees or interest!
- And you’re more aware of your purchases because you can physically see the money dwindling away!
Most importantly, try not to get caught up in the whole digital spending whirlwind. After all, you’ll be the one who has to suffer the consequences of overspending.
3. Eat At Home More
You may be wondering, how is this painless because it involves cooking? That is true! And when you’re a busy mom on the go, then cooking can quickly become an unwelcome chore!
But fortunately, there’s a way around that.
First of all, do you have a crock-pot?
Chances are that you do. But if you don’t, then get one immediately! This one Amazing and simple kitchen appliance can be a lifesaver for busy moms!
I’ve learned that you can throw almost any meat and vegetables, frozen or unfrozen, into a crock-pot. (In fact, I haven’t come across any meat or vegetable that you can’t use in a crock-pot).
And all you do is add a little bit of liquid and some seasoning, then turn it on and get on with your day. No prep, no monitoring, and no standing over a hot stove for hours required.
Perfect! Now, you don’t have to stress at all over what’s for dinner. And things can’t get any more painless than that!
In fact, on you’re next trip to the grocery store, just pick up several of your favorite meats and vegetables. And boom! Your meal planning is done for the week.
Each day, you pop something into the crock-pot and let it do its thing.
And the best part is, that come dinner time, you’ll have a healthy, tasty meal for your family with barely any effort. On top of that, you’ll be saving a ton of money when you eat at home! Did you know that the average family spends at least $3,000 per year eating out?
Now, just think, what could you do with an additional $3,000, hmmm?
4. Buy The Generic Brand Instead Of Name Brands
So when you’re looking for painless money saving tips, this is definitely a must do! Nowadays, nearly every grocery store has its own generic brand of products to sell.
And if you think the generic brand is a cheap imitation, then you couldn’t be more wrong.
In fact, studies have shown that generic brand products are the same, if not better quality then their name brand counterparts. Plus, you’re paying an average of 33% less with the generic brand. And that means more money in your pocket.
So, essentially you’re getting the same high-quality merchandise at a lower price. And if that’s not painless, I don’t know what is!
5. Shop For Second Hand Clothes
Now, before you turn your nose up at this suggestion, there are some things you should know. Shopping for second-hand clothes does not mean you’ll be getting bargain basement throw-aways!
In fact, it’s often just the opposite. You can find a treasure trove of good quality, even designer name apparel at discount prices.
And, places like consignment shops often inspect the quality and the condition of the garments before agreeing to sell them in their stores.
Personally, I always found consignment shopping to be fun! It’s like going on a treasure hunt for valuable merchandise at an affordable price.
And here’s the thing, no one knows where you bought the clothes from…unless you tell them.
Plus, you can even sell your own gently used mechandise on consignment and make a tidy profit on the side.
No pain there!
6. Practice The 24 Hour Rule
Remember the old bible Proverb that “haste makes waste?” Although that statement was written hundreds of years ago, it is still just as relevant today!
Many times we often make hasty purchases on an impulse.
Something catches our attention, and we immediately want it.
Well, if you’re looking for a painless money saving tip, then here’s a good one…wait at least 24 hours before buying something new.
This allows you time to mull over, ponder, and re-evaluate whether or not you really want or need that item. There’s a good chance that after you’ve had time to think about it, and assess your budget, that you’ll realize you don’t really need it after all.
And if you decide that you still want it, and it fits into your budget, then there’s certainly no pain in waiting a day before buying, right?
7. Consolidate and Negotiate Rates To Lower Your Debt
If you have any credit card or student loan debt, then you definitely need this money saving tip.
First off, if you have more than one credit card, then you should try consolidating the balances to a single card. Often, credit card companies will offer balance transfers at 0% interest for a year or more.
And even if your FICO score doesn’t qualify you for the lowest rate, don’t give up!
You should still try to at least negotiate for a lower rate than you currently have.
Now, as for your student loans, you can check out this link from NerdWallet to learn more about how to refinance and compare interest rates.
So if you haven’t already taken these steps to lower your interest rates then don’t wait for a second longer!
One of the most effective and painless ways to positively impact your finances is to cut those interest rates today!
8. Track Your Expenses With No Effort
As we’ve already acknowledged, you’re busy!
And, you don’t have time to work on a budget. Not a problem!
What you need is to let someone else do all the work for you, while you reap all the benefit.
And that’s where a great site like Mint can help.
The sign-up is free. Next, you simply link all your accounts. Then you’ll be able to effortlessly view and manage everything in one place. They’ll help you create a budget, set up bill pay, send you alerts, track your expenses for you and more. No fuss, no muss!
So, in the world of busy moms who need help budgeting, that’s about as painless as it can get.
9. Downsize Whatever You Can
Have you ever heard the phrase that, less is more? So, when did more become not enough? It’s very easy to get carried away with trying to keep up with all the newest and the latest everything.
But, when you’re a busy mom, then chances are that you don’t have time to use all that extra stuff anyway. So a great and painless way for you to save more — is to use less!
Think about it? Do you really need the latest iPhone, or will any Smartphone help keep you in touch with your family?
And, how much cable or satellite TV do you really have time to watch?
Truthfully, most TV programs are not kid-friendly anyway. So perhaps a streaming service like Netflix or Hulu is all you need.
Also, if you have any memberships or subscriptions, get rid of them! You don’t even have time for that! And, it’s just wasting money. The bottom line is, take a look at all the things you’re spending money on every month.
Then, see what things you actually need, and what things you only want, but don’t even have time to use.
And then, definitely get rid of the wants! Because let’s face it, if you don’t have time for it, then you certainly won’t miss it!
On top of that, you’ll be saving money, and nothing can be more painless than that!
So moms, there you have it!
I hope these 9 painless money-saving tips can help your day run a little bit smoother while keeping more money in your pocket.
Do you have any great painless money saving tips to share? If so, I’d love to hear it! Feel free to leave a comment below.
Hi, my name is DeShena an RN, turned blogger and entrepreneur.
The goal of my blog Extravagantly Broke is to help people who struggle with debt to improve their money mindset, and learn ways to earn more and save more money.
I write to encourage financial freedom, and to Live Your Extravagantly Best Life!