Single Mom Money Tips - Control Spending

This is the first post in the Single Mom Money Tips series. You may already know about a few of these tips but there may be many you haven't heard of.

I hope as you read you will make a point to apply them to your life. You will see a great difference and can begin taking control of the money flowing in and out of your life. Enjoy!

1.    Develop a spending plan to avoid overspending.

2.    The word budget conjures up the feeling of restriction and lack; so I like the word spending plan.

3.    Realize that when you develop a plan you feel more in control and it’s easier to stop overspending.

4.    Think about and list everything you need, and then assign a dollar amount to each item.

5.    Look at past spending trends to get an accurate view of how much you spend for bills, food, clothing, car/ transportation, and entertainment.

6.    Review your bank account online for a ready source for seeing where your money goes.