Food and gas prices are going up, everyone knows that. I think ways to cut back have been on everyone’s mind these days, especially single income families (and many 2-income families as well).
I’m starting a little series on frugal living. I want to share–and ask for your input–on ways to be good stewards of the resources God has blessed us with. Frugality doesn’t have to be a bad word! Learning to be careful with our finances simply enables us to live as well as possible on what God has blessed us with.
Some time back, I did an informal survey of some stay-at-home moms I’m acquainted with online. Although I didn’t ask anyone to share incomes, most of them volunteered that their families lived on less than $50,000 per year, many of them on much, much less. All had at least two children, most four or more. Most had little if any debt, including car notes.
They shared wonderful ideas on how to save money. But the general consensus was that the biggest factor in making it on one income is attitude. They believe that the sacrifices they make are worth it, and they take care to live with joy and contentment and not fall into a poverty mindset. They’re thankful.
So whether you’re a stay at home mom or not, what are your favorite frugal tips? Do you think that attitude is as vital as what we do with our cash? Any other thoughts?