We’re a family of 6. We have bills to pay just like you. We don’t have a house note so that helps a tons! And that leads me to my first tip!
If you really want to save money over the years, try not to have a big house note or vehicle payment when you’re still in your 20’s.
Buying used and cheap is not a bad thing. America is accustomed to believe new is better! And by all means, it probably is. But only if you can afford it.
If you can pay in full now, even if it’s $3000, imagine what you’ll be able to do in a few years when you’ve saved all that money by not paying $700 a month on a car payment.
Don’t rent your home! Sometimes that’s your only option, and that’s ok! But while your renting, keep an eye out for a great deal and SAVE your money! If you’re just trying to make ends meet this month, look around your house and see if there’s something you never use anymore. Sell it! There’s your savings for that month.
Great deals pop up every day. It may not be your ideal property or home, but look at it as an investment. A starter home. You’re beginning your new journey from home renters to home owners!
While you live there just make essential repairs and improvements and save save save! Don’t put to much into your “starter” home tho. Unless you plan on being there 3+ years.
No matter what, live below your means! That’s a big one!!
My last point! We have 3 vehicles and 1 car note. We just recently added on the car note. But we have a side job that pays it! It’s still not brand new and still within our means. But we went years with vehicles that had to have ALOT of attention and because of that we were able to get our “new” vehicle. On a side note, it does help that the hubby is a good mechanic and so is his dad. But anyone can learn to do normal maintenance, if they’ll take the time!
So yeah! That’s how we saved $20k in one year! To sum it up!
Live below your means
Don’t rent
Don’t add a vehicle payment unless you do have the option to pay for it in full but choose to finance
Save every chance you get, even if it’s $20. If you can’t save from your pay check, MAKE it happen. Sell something or get a side job.
I hope this helps someone! I just wish I would’ve learned all of this when I was 18 and not piece by piece over a few years at 30.
As always! Thanks for stopping by and be sure to come back tomorrow!
In todays world, EVERYTHING is expensive! The gas is crazy and the groceries are ridiculous. People are struggling to pay rent and bills. People are paying more for groceries, gas, and bills than they make. Most people are living pay check to pay check.
I’m an assistant teacher, so my pay is definitely not great. Even teachers with a masters degree don’t make what they honestly should be making.
Here’s a few things I’ve done just to make ends meet.
1. Mercari. It’s a free app where you can sell stuff. You can sell just about anything from babies clothes and items to home decor. We’ve even sold guitar hook ups and fishing gear.
We’re currently in the process of remodeling a home and financing is not an option for us. We want to pay everything in full and we’ve been successful so far. But, I had to go on maternity leave for just over 6 weeks, and that’s put a damper on our finances. So I currently have a pile of stuff on my couch that is posted on the app or is ready to be posted.
2. Cleaning services. My husband and I clean an office building once a week. We use this check strictly for our vehicle payment. It’s just enough to cover it and we probably couldn’t live comfortably nor do the things we do without this small income.
3. Fill in baby sitter. I have 4 children and 1 of them has a very busy schedule. I also work August-May. So babysitting full time is not really an option for me. But I will fill in when a baby sitter calls in sick. No one ever thinks about doing this either. Just advertise with social media and word of mouth.
I hope these small 3 tips help you out of your bind. It’s not a get rich quick scheme, by no means. But it may just help you get to your next pay check.
As always. If you have any great tips and tricks that you want to share with me, leave them in the comments of this post.
Just A Mom Daily 