When you see your bank statement and realize how much money you spent, it can be earth shattering. Learning how to reduce spending and tighten that budget is possible, if you have the right tips. Slowing down your spending is a matter of determination ...
When you see your bank statement and realize how much money you spent, it can be earth shattering. Learning how to reduce spending and tighten that budget is possible, if you have the right tips. Slowing down your spending is a matter of determination and finding a formula that works for you.
Get everyone on the same page
The first step to reduce family spending is to get everyone on the same page. Also known as having that awkward money conversation with your spouse (and with older kids in the house, if they are aware of what’s going on). By getting the whole family on board, you are going to see success sooner.
Cut out extracurricular activities
This one is going to be painful, but it is worth it. If you can’t afford to pay your bills at the moment, then something has got to go. Usually the first thing to go are extracurricular activities. If your kids are old enough to pitch in and help pay, great. If not, it might hurt a little bit, but you have to get that budget under control. You can’t get it under control if spending is over the top.
Know what you are spending
Most people don’t keep track of their spending because they don’t want to know. The only way you will ever reduce spending in your family and tighten the budget is if you know what is going out. You can easily reduce spending by keeping track of your bad spending habits. Buying coffee, going out to eat, trips to Target – it all needs to be documented. It is going to hurt knowing the truth, but it will be worth it.
Work on getting rid of debt
I have noticed in our family that debt really hurts our overall budget. When I take time to look at our debt and figure out a way to reduce it, things look better. Credit card debt, medical debt, and vehicle debt can weigh your family down financially. Working on getting rid of debt can help you reduce spending and tighten the budget.
Stay organized in your finances
Last, but not least, you need to stay organized when it comes to your finances. Organization is the key to reducing family spending. Keeping track of finances, keeping track of the budget, and executing your financial plan are all parts of staying organized in the finance department.
How do you plan on reducing family spending this year? How do you plan on tightening your budget? Share your tips below!
Are you ready to give your body a break from sugar? Many people resolve to get in shape in the new year and not eating sugar is a great way to drop a few extra pounds and inches.
This challenge is simple. Stop eating sugar. You can set the parameters, regarding whether you are going to try and substitute sugar with honey or agave or if you want to give up the sweet stuff altogether. My recommendation is that you give it up totally so that foods that are naturally sweet (mainly fruit) can serve as your sweet treats and you will be able to make better choices in the future.
We’ve done many no sugar challenges in the past and I’m excited to be doing another one with you. For many people this is what it takes for them to give up their daily soda or candy habit.
While we’re doing this challenge together beginning January 9th. Just sign up below and you’ll get daily reminders, helpful tips, and encouragement for 21 days.
Years ago I discovered the creative idea of boot tracks cookies in a magazine, and I used the recipe for years. It is a really fun and easy Christmas cookie that I have modified to be paleo.
All my favorite recipes of the past have to be modified for our preferences today. These paleo boot tracks cookies are kid pleasers because the whole picture of boot tracks in the snow makes for a festive and unique cookie.
Even better, with no oven, these are a snap to throw together and serve in under 10 minutes. My kids love sprinkling the “snow” over the top, but it is totally optional. You could also drizzle melted dark chocolate or white chocolate (or both!)