The Money Savings Mom’s Guide: 12 Tips to Help You Save

Money-saving moms are always on the lookout for ways to save.

They are savvy shoppers who know how to get the best deals on everything from groceries to clothes. They are also expert budgeters who know how to stretch their dollars to make ends meet because between clothes, food, school supplies, and extracurricular activities, it can seem like there’s no end to the amount of money you need to spend. But it doesn’t have to be this way, especially if you’re doing it alone. Hello, single mamas (we see you)!

If you’re a single mom who’s looking to save money, this guide is for you. From tracking prices online to creating a capsule wardrobe, these 12 tips will help you cut your spending and put more money back into your pocket.

1. Shop & Track Prices Online

There are many ways to save money when shopping online, but the biggest pro is that online you can see the prices of items from different retailers in real-time, so you can always be sure you’re getting the best deal. In addition, you can set up price alerts for items you’re interested in, so you’ll be notified as soon as the price drops. Whether you’re looking for the best deal on a new TV or just want to save a few dollars on your next purchase. And there’s an app made just for that!

Carrot is a chrome extension, that automatically save you’re shopping carts and lets you create collections and alerts on certain items to easier to track prices!

2. Save Money on Eating Out

Let’s face it – eating out can be expensive. But there are ways you can save money and still enjoy a nice meal out. Try splitting an entree with your child, going to restaurants on days when kids eat free, or skipping the sodas and wine for water.

3. Buy Secondhand

If you’re looking to save a few bucks, buying secondhand is a great way to do it. You can find everything from sports equipment to clothes, and many thrift stores also have sales and discount days. So next time you single moms on a budget are in the market for something new, try looking at something used first.

Related: 8 Best Online Thrift Stores For Eco-Conscious Shoppers 2022

4. Use Rewards Programs

When it comes to money-saving tips for single moms, one of the best things you can do is to sign-up for rewards programs. By doing this, you can earn points or cash back on the things you’re already buying. Plus, many rewards programs offer additional savings and discounts on items that you purchase.

Once you’ve found a rewards program you’re interested in, sign up and start racking up the rewards!

5. Participate in Free Activities

Participating in free activities is a great way for money-saving moms to have fun and keep the kids entertained at the same time. There are many free activities that you can participate in, such as hiking, biking, and visiting the Library. Or take advantage of free events that are held in your community, such as concerts, festivals, and parades.

Related: 14 Valuable Hobbies You Need to Pick Up in Your 20s

6. Eat at Home

One of the best money-saving tips for single moms is to eat at home more often. As already mentioned, eating out can really but a dent in your pockets if you’re not careful, plus it’s not always the healthiest option. By cooking at home, you can control what goes into your food and save a lot of money in the process. Believe us, your wallet will thank you for it!

Related: 6 Cheap Online Grocery Shopping Stores To Help You Save Money and Live Healthier in 2022

7. Wash Clothes on Cold

Washing your clothes on cold can save you money on your energy bill and is better for the environment & your clothes. Washing in cold water can help you save around $60 a year—an extra 5 bucks a month. So, next time you do laundry, save yourself some money (and a trip to the tailor) by washing your clothes on cold.

8. Declutter and Organize

Yes, it’s true, decluttering and organizing your home is a solid money-saving tip for single moms. When you’re organized, you know where everything is, and you’re less likely to buy things you already have. Thus decluttering and organizing your home can save you time and money in the long run.

Related: How to Declutter Your Digital Life–A Simple Guide

9. Try a Capsule Wardrobe

A capsule wardrobe can help you save money in a few different ways. First, you’ll save money on clothing because you’ll only be buying pieces you actually love and that work well together. Second, you’ll save money on your wardrobe budget because you’ll only be buying a few key pieces each season instead of a whole bunch of new clothes.

Related: The Essentials For Creating The Ultimate Capsule Wardrobe For Men

10. Store Food Correctly

Not storing food properly is the biggest money waster there is for money-saving moms. To avoid wasting food, store your food according to its needs. For example, green beans and garlic should be stored at room temperature. While apples and peas should be stored in the fridge. This will help keep food fresher for longer, so you’re less likely to have to throw it away, wasting money.

Related: 7 Golden Rules to Organize Your Kitchen Pantry Without Losing Your Sanity!

11. Know store policies

When it comes to budgeting for single moms, knowing store policies can be a big help. Most people don’t realize that many stores have policies in place that can save you money. For example, did you know Athleta has a “give-it-a-workout guarantee”? You can wear it for exercise, then bring it back if you aren’t happy. Or that Lowes will price match if you can show proof of the same product for less?

Knowing these sorts of policies can help you save a lot of money. So, next time you’re at the store, be sure to ask about their policies. You may be surprised at how much money you can save.

Other return policy hacks you might find interesting

• The Nasty Gal Return Policy: 5 Things You Need to Know
• Everything You Need To Know About Boohoo’s Return Policy
• Forever 21 Return Policy: Everything You Should Know
• A Carrot Guide To Brooks Brothers Return Policy
• Macy’s Return Policy: Everything You Need To Know

12. Join a Buy Nothing Group

A new money-saving tip for single moms that have recently become cool is joining a buy-nothing group. These groups are based on the principle of gifting – you give items you no longer need to others in the group, and in return, you receive items that you need. It’s a great way to practice sustainability by participating in hand-to-hand recycling!

Joining a Buy Nothing group is easy – you can search for one in your area or start one yourself. Once you’re a member, you’ll have access to a whole community of people who are looking to gift and receive items. So whether you need a new coffee maker or you’re looking to get rid of an old couch, a Buy Nothing group might be just what a money-saving mom needs.