Starting to budget can feel overwhelming. There are so many directions to go, different systems, different accounts, and how do you know how much you’re actually spending on groceries? At the most basic level, I see budgeting as simply understanding what money is coming in and how it’s going out. Thanks to the internet, if you’re feeling overwhelmed about budgeting or finances there are some great Instagram accounts, podcasts, and apps that can help. These are some of the financial resources that I look to the most, I hope that you find something you can learn from, too!
Planning a festive, event-filled holiday season but worried about having the budget to make it all come together? Meagan and regular contributor Lisa Payne join forces in today’s episode to share how we stretch our budgets in order to create all the behind-the-scenes magic that takes place in our divorced households with large broods. Join us for all our best tricks (and our Mom Hour Facebook Community’s tips) for hitting your food, travel, decor, entertainment and gift budgets this year.
Teaching kids life skills around money isn’t as straightforward as, say, teaching them how to order a pizza or do a load laundry. Not only are there different ways to approach each topic – from allowance and paying for chores to saving and charitable giving – but money is also incredibly emotionally-charged and often complicated by our own life experiences (ahem, baggage). Today Meagan and Sarah reflect on how our upbringings impacted our financial points of view, and the challenges we face when it comes to teaching our kids good money habits.
As a married couple with VERY different spending habits, my spouse and I have had to learn over the years how to walk that metaphorical fine line between “It’s vacation! Let’s splurge!” and “We can’t spend a fortune on this one trip!” While there are a variety of ways to save money on family vacations, we’ve found that changes to the way we eat and feed our family while traveling can be a major money saver.
While I haven’t found the golden ticket to a perfect career, I have been able to create a steady flow of freelance work for the last five-ish years. My work allows me to contribute to our household income and stay at home with our twins and I am grateful for the flexibility my writing career allows. I don’t claim to have all the answers. But I’m happy to share what I’ve learned so far.
If you feel like your grocery bill has been creeping up, you’re not crazy. Food prices have been rising for a while, and unlike other areas of your budget, groceries definitely fall solidly into the “need, not want” category. So how DO you spend less money on food when you’re feeding a family? In today’s episode, Meagan and Sarah get honest about the areas where our food spending starts to spiral out of control, as well as how we approach leftovers, generic products, pantry inventory, and family-favorite cheap-o dinners. We also share some smart tips from an actual budget expert (ahem, not us). Make sure you listen ’til the end to hear Meagan’s best tip!