Budget Like Mom

[Trillionphil]

Budgeting is truly the turf of most mothers. Aside from the traditional role imposed on mothers as the one who budgets the family finances, mothers have the instincts and foresights on what might happen in the future.

But how do moms really stretch the budget? She neither uses complicated formulas nor magic tricks but simple ingenuity and common sense. Peek in through moms’ secrets in budgeting and learn. Role modeling is a good way to encourage attitude, especially towards money.

1. She clearly knows where all the money goes. Usually it goes to child care apart from the housing, health insurance, food and clothing. It is unlikely for her to cut cost on her children.

2. She studies all options given to her in terms of child care. Before she decides, she examines all aspects like safety, health and education.

3. To understand more, she talks to local child-care specialists and works out schedules with her employer for bonding time with kids.

4. For working moms, it is double the effort. They take care of the house and the children and at the same time work. She incorporates practical ways to accomplish both roles.

• Wearing professional clothes than trendy ones.
• Stays elegant but simple through a combination of basic colors.
• Dry cleaning costs a hefty amount, so, she dons on wash-and-wear clothes.
• Tone down on accessories.
• She engages in a lot of do-it-yourself habits like in cleaning spots and ironing wrinkles in her personal wardrobes.

5. Moms always shop with a list in her hand to keep track of her budget and expenses. She makes sure she does not exceed. Also, she has no time for checking out tempting stuff at the shopping mall.​

 

[Alexandoy]

I like this topic because it is a reminiscing of our beloved mother. Being 3rd in a brood of 4 boys plus 2 younger girls, you can imagine that I was lucky to have a new pair of shoes of Christmas. Usually what I get every year is the handover from my elder brothers - clothes, shoes and even belt including the school bag. That was how my mother was so good in budgeting. We had no complaints because instead of buying me a new shirt my mother would buy a whole chicken so that all 6 of us children will have a nice meal. In the course of time my parents were able to have our own home when I was in grade school and it was made presentable when I was already in high school. We owe that to the budgeting skills of my mother.

 

[Peppul]

Well I personally am my mum's favorite and I remember vividly when am still little she always do her best to make me happy, give me whatever I want and that makes me feel like am until of the world, she is very harworking infact a business woman and she was into a lot of it and the way she actually balance all and still have time to attend to me and my siblings is what baffles me alot, then I thought it was easy now until when I started living alot and I noticed how tiring and heavy taking it it.God bless her for me.

 

[Teatea]

Yes, mothers are really good at accounting and managing funds. It is as if they all were injected with the attribute. That is why it is good for a husband to carry the wife along when it comes to finances. A woman can turn 10% into 20% if given the responsibility, my mother helped me learn the act of saving from a very young age, she taught me the importance of money and also helped me see the value of it.