Money is not one of those things that I’ve always understood. Sure, I realize that money is somewhat necessary but I’ve also come to realize that money isn’t everything. That doesn’t mean, of course, that I want to make too many mistakes.
I’ve racked up my fair share of debt. College loans, after all, will do that. I’ve also had a few credit cards that really weren’t necessary. And my savings could definitely use some padding.
I’m happy to share budgeting tips, frugal living tips, and ways to get out of debt. From one millennial mom to another, I hope that you find these money management tips for millennial moms to be of use!
Budgeting Tips for Families
First, let’s talk about budgeting. This wasn’t something that I was too keen to get started but soon enough I realized how necessary it was to have a budget in place. Sure, we don’t always stay in our budget, but it’s definitely helped a lot when it comes to managing our money.
|Starting a Family Budget||Tracking Family Expenses||Creating a Get Out of Debt Budget||Living Well Within a Budget|
How to Get out of Debt
Now, as I have mentioned, I have managed to accumulate some debt. Student loans and some not so smart financial decisions when it came to credit cards. Fortunately, it’s not a huge amount. But it’s still enough that I’d like to have it all under control.
|Get Out of Debt Secrets||Managing Student Loan Debt||Getting Out Of Debt Yourself||Simple Debt Management Tips|
Financial Tips and Advice
While we’re on the topic of debt, and since this page is about money management, let’s talk about some financial advice. Please do keep in mind- I am not an accountant. I don’t have have a financial background. I’m just a millennial mom trying to share some money management tips.
|How to Improve Personal Finances||How to Divorce Proof Your Finances||Setting Realistic Financial Goals||Common Financial Mistakes|
How It Pays to Be Frugal
One of the biggest things that has helped with improving our financial situation, was to start living a more frugal lifestyle. Now, I’m not a perfect minimalist by any stretch and I could certainly use a hand with getting the clutter under control. But, I’ve also learned to appreciate what we have and to make use of what we have before buying something new.
|How Difficult is it to Be Frugal||Six Simple Habits of Frugal People||How to Learn to Live with Less||11 Easy Ways to Declutter Your Life|
I hope that these money management tips will help you in the right direction!