Thrifty moms secret to daily financial discipline starts with her state of mind. Thrifty moms stay focused on the future stability of their home. Why?
Taking care of a home is the biggest responsibility that she will hold. The resume that is built from home management gives this thrifty mom her confidence. Her management skills will be impeccable when the kids are grown. So many jobs are held by moms that make the home function like a well oiled machine.
Thrifty moms are the CEO, and CFO of their homes. Financial discipline takes daily effort.
Mental Road Map
Spending money in the age of technology is very easy. Not spending money takes a vision. I may want to go have a cafe mocha everyday, but saving that money is more important to my family. As a thrifty mom, I know that saving that money now will reap greater good later.
The willpower to not use gas and resources daily, but run errands in one day takes planning. This planning is an acquired trait that thrifty moms add to their CEO resume.
Family Financial Goals
The mental road map is the goals that my husband and I set down and created for our family at the beginning of the year. All of the planning that a thrifty moms utilizes to save money and time helps her to stay on course with the mental road map. No detours or bumps in the road. Moms will stay the course.
Control on Spending Habits
I have to have self control at all times with my spending habits. Keeping track of what money I can spend versus what I want to spend. That is where paying cash comes in handy for me. Even though when I pay cash it feels like I spend it faster, I also stop faster. When the cash runs out….I’m done. My budget keeps this thrifty mom on target with her spending.
Even though it is so easy to spend money here and there, I keep track of my expenses. It is sort of a mini ledger. Nothing extravagant, but just little tallies so that I stay in control on my spending.
Have one day to run errands
The less I go out, the less I spend. How about you? I have to invoke a lot of willpower around lunch time when I really want to grab something easy to eat. By the time I buy myself lunch, and the kids I have spent close to $20.00. Just on lunch.
So, when we go out to run errands I pack water and snacks to hold us over.
I feel like teaching our kids to delay gratification is important. Delayed gratification is essential to building self discipline. Running errands in one day will lessen the amount of trips out of the house. To save on gas, I will create a generic route to take so that I don’t waste my gas.
Don’t Run To A Sale
Financial discipline requires the will power to ignore unnecessary visits to stores. Most stores have several sales in a year. Planning ahead for purchases and organizing them with sales and coupons is a great trait that thrifty moms hold.
No one saves money by spending it. The financial win is saving the money you would have spent. Buying something for the sake of a “sale” defeats the purpose. Having a plan on purchases, errands, and money spending habits takes practice. Thrifty moms secret to daily financial discipline is holding onto her family’s vision and sticking to the yearly goals.
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