Creative Ways to Save Money & Make Money - The Realistic Mama (2024)

Looking for ways to save money?

I’m pretty sure that we can agree that in a perfect world we would love to spend less, make more, and save tons. But why only in a perfect world? Seriously, there are ways for us to do this now, in this crazy, busy, overwhelming and wonderful world! I’ve broke it down by category so feel free to skip ahead to whichever section you want to start at first.

{This post may contain affiliate links for yourconvenience.}

Creative Ways to Spend Less Money

  • Trade babysitting with another mommy friend.
  • Have a toy exchange with friends! Each of you gather up the toys your kids no longer play with and trade with one another! Your kids will love their new toys and you didn’t spend a dime!
  • If you use Essential Oils regularly in your home, a wholesale membership will save you tons throughout the year!
  • Ebates— Ordering something online? My as well make some money back on that purchase. My last check mailed to me was for $15.35 – money back on a gift I was ordering anyway. They have tons of major store chains they work with, join now, and then next time you ordering something anyway hop over to their site and see if they have a coupon, rebate or cash back on that purchase!
  • Meal Plan — save money on grocery’s by meal planning and sticking to the list otherwise $3 items add up too fast! {Stop by ourrecipes pageif you need inspiration for meals.}
  • Cook enough to feed double your family, freeze the leftovers and have them for later on!{This white chicken chili recipe is a great one to double and freeze!}
  • Hang dry your clothes.— Each load in your dryer runs around $0.34 – $0.49 cents, if you hang a load a day for a year that comes out to between $124 – $180 that you would save.
  • Save money on date night.{Here are over175 inexpensive date ideas.}
  • Work hard to pay off your mortgage earlier so you can use that mortgage money elsewhere.{viaYour Modern Family}
  • Eat leftovers for lunch.
  • Cut men’s hair at home — get on YouTube to learn how.
  • For some people using coupons is a great option.
  • Learn how to consignment shop for kids clothes and while you’re there bring in the clothes your kids have outgrown for store credit!

Ways to Make Money at Home

  • Swagbucks — This is one of my favorites! Basically whenever you search the web you have a chance of earning “swag bucks.” You can redeem then your “swag bucks” for things like amazon gift card, Starbucks cards, PayPal cash and more! I love this because I’m online searching stuff anyway, so it’s an extra bonus if I make a little something at the same time!It’s 100% free to join, 100% free to use, no strings attached.
  • Essential Oils— If you are one of those people that love Essential Oils and are always encouraging your friends to more healthy alternatives you my as well make money with it! If this is you, I have a pretty cool opportunity for you to work with me! {Just send me an email at: therealisticmama@gmail.com}
  • Start a blog— Ifyou have a passion for a subject and you find yourself always talking about it, it might be time you start a blog. There are some many things a blog can be on, the possibilities are pretty much endless! Gardening tips, homeschool a special needs child, your adoption story, recovering from depression, a craft blog, a mom blog, etc!It’s hard work but if you put in the effort, you will see the reward. {Read how to start a blog here.}

Creative Ways to Save Your Money

  • Save every $5 Bill — you’ll be surprised athow quickly it will add up into a nice sum!
  • Deposit your paychecks into your savings account and thenonly transfer what you need for necessities and bills into your checking.
  • Whenever you keep yourself form buying something when you’re out, save that money right away. Let’s say a $4 mocha, log into your mobile banking and immediately transfer that money from your checking account over to your savings account.

What are you some mays you spend less, make money, and save more? Come share with us over on our Facebook page.

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Creative Ways to Save Money & Make Money - The Realistic Mama (2024)

FAQs

How can save money as a mother? ›

Create a realistic budget

You can follow the 50:30:20 rule of Budgeting which can help you to manage your income and in turn, help you save money. Here, 50% of your income goes towards needs, 30% towards luxuries, and 20% towards savings and investing. You can always customize the percentages as per your needs.

What is the trick to saving money? ›

One of the best ways to save money is by visualizing what you are saving for. If you need motivation, set saving targets along with a timeline to make it easier to save. Want to buy a house in three years with a 20% down payment? Now you have a target and know what you will need to save each month to achieve your goal.

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

How to save money if you're poor? ›

How To Save Money Fast On a Low Income: Making Ends Meet
  1. Create a Budget. ...
  2. Open a Savings Account. ...
  3. Save Money on Bills and Utilities. ...
  4. Cancel Unwanted Monthly Subscriptions. ...
  5. Pay Off Outstanding Debts. ...
  6. Always Look For Deals. ...
  7. Change Your Financial Institution. ...
  8. Get A Side Job.
Jan 26, 2024

How parents can save money? ›

A custodial account can be a great way to save on a child's behalf, or to give a financial gift. Basically, these are easy-to-open accounts used to invest in stocks, bonds, mutual funds, and more, all to give your child a better future.

How can a single mom save money? ›

Here are the 10 most important financial tips a single mother should follow to improve their financial future.
  1. Change Your Financial Habits. ...
  2. Try New Budgeting Methods. ...
  3. Cut off Your Expenses. ...
  4. Move Somewhere More Affordable. ...
  5. Get Health and Life Insurance. ...
  6. Consider Ways to Increase Your Income. ...
  7. Stick to Your Financial Goals.
Jul 28, 2023

How can I save $100000 fast? ›

7 tips for getting your first $100,000
  1. Figure out how much money you can safely save each month. ...
  2. Automate your savings. ...
  3. Maximize your employer-sponsored savings and investment accounts. ...
  4. Save your tax refunds and work bonuses. ...
  5. Pay off existing debt. ...
  6. Seek a raise or some other way to increase your income.
Jan 2, 2024

What is the golden rule of saving money? ›

The basic principle of the golden rule of saving money is to save at least 20% of your income. This includes any form of income, such as salary, bonuses, or freelance earnings. By consistently saving a significant portion of your income, you can build a strong financial foundation and achieve your financial goals.

What is the smart way to save money? ›

Make a budget and make saving a necessary expense. Try out different budgeting methods until you find one you can stick to. Cut down on spending. Use budgeting apps to find out where you're money is going and look for places where you can cut back.

Which strategy will help you save the most money? ›

The 5 Most Effective Strategies To Save Money For The Future
  • Set Your Goals Early On. Setting a financial goal early on will boost you to stick to your savings plan. ...
  • Understand Your Cash Flows. ...
  • Open a Savings Account. ...
  • Rethink Debit Cards. ...
  • Monitoring Your Spending. ...
  • Revise Your Emergency Fund.

How to spend money wisely? ›

In this article:
  1. Create and Stick to a Budget.
  2. Prioritize Needs Over Wants.
  3. Use Your Credit Card—but Pay It Off Each Month.
  4. Know Your Values—and Your Triggers.
  5. Reduce Spending Where It Makes Sense.
  6. Consider Long-Term Costs.
  7. Limit Your Payment Options.
Mar 23, 2024

How much should I save per month? ›

How much should you save each month? For many people, the 50/30/20 rule is a great way to split up monthly income. This budgeting rule states that you should allocate 50 percent of your monthly income for essentials (such as housing, groceries and gas), 30 percent for wants and 20 percent for savings.

How to save when you're broke? ›

Jaspreet Singh: 10 Ways To Save Money When You're Broke
  1. Quit Using Credit Cards. ...
  2. Cook More at Home. ...
  3. Plan Your Meals. ...
  4. Get Smarter About Free Stuff. ...
  5. Switch Your Provider. ...
  6. Visit Your Library. ...
  7. Look Into Refinancing Your Loans. ...
  8. See Which Perks You're Eligible For.
Oct 14, 2023

How to budget if you're broke? ›

The first step to saving money when you're broke is to create a detailed budget. Track your income and expenses, identify areas where you can cut back, and allocate funds wisely. Use budgeting spreadsheets to stay organized and accountable. Focus on essentials such as housing, utilities, food, and transportation.

How do stay at home moms protect themselves financially? ›

Protect your assets

Be sure to protect it with disability and life insurance in the event something happens to your spouse. Even if you aren't earning any income, you should have a life insurance policy to help your spouse with additional costs if anything happened to you.

How much money should I have saved before having a baby? ›

One of the most important money moves is setting aside some cash for unexpected expenses. A solid emergency fund holds three to six months' worth of your take-home pay. If that sounds overwhelming, start with $1,000, then shoot for one month of expenses, and before you know it, you'll be at your goal.

What is the financial role of a mother? ›

The financial implications of motherhood means moms must adjust their finances to fit the needs of their growing family whether they are a mom in the labor force or a stay-at-home mom. A working mom combines a career with the responsibility of raising a family.

How to save when having a baby? ›

But that's not the only way you can save money.
  1. Buy in Bulk. If you're not buying in bulk, you're missing out! ...
  2. Accept Gifts From Friends and Family. ...
  3. Start Couponing. ...
  4. Buy Generic. ...
  5. Look Into Tax Deductions. ...
  6. See What Insurance Can Cover. ...
  7. Join Buy/Sell/Trade Groups. ...
  8. Don't Shy Away From Secondhand Goods.

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