finances and laptop for maternity pay

Managing Maternity Pay: Making Ends Meet on Less Money 

Your new baby is a fantastic new arrival in your life. When your youngster arrives, you can expect plenty of new experiences and love to come your way. Unfortunately, you might also notice a rapidly emptying bank account too. If you’re worried about coping with the dwindling income you’ll have during maternity leave, you’re not alone. Continue reading “Managing Maternity Pay: Making Ends Meet on Less Money “

child counting money

3 Simple Ways To Save For Your Kid’s Future

Things are a lot harder for young people than they were for you when you were their age. They’re struggling to afford housing and high rents make it difficult to save any money. That means that when your kids are a bit older, they might need a helping hand. If you want them to have the same opportunities that you had, you should start saving a bit of money for their future. When you’re trying to deal with all of the expenses that come with raising a family, the idea of saving money might seem out of your reach, but it isn’t’. These are some of the best ways to save for your children’s future. Continue reading “3 Simple Ways To Save For Your Kid’s Future”

toy till and money

Families Save Money On Essential Items With These Suggestions

When you have a young family, it can seem like there is never enough money to go around. Not only are you dealing with a reduction in wages, at least through the maternity pay period, but you have another person to provide for. Combine that with the fact that baby item like buggies and cots don’t come cheap and you can really start to struggle financially. Happily, there are some ways that you can save on the essential items you need for family life. Something that can help you keep some money in reserve for all those other expenses. Read on to find out how. Continue reading “Families Save Money On Essential Items With These Suggestions”

piggy bank knocked over, saving money

4 Reasons Why Saving Just Isn’t Enough For Most Families

Let me dispel a misconception that may be causing you to lose sleep some nights… You are not bad with money. You are not irresponsible. You are not a bad parent because your credit rating is less than stellar and despite appearances to the contrary, you are far from alone. As living costs skyrocket the cost of raising a child is becoming increasingly untenable even for double income households with relatively well-paid jobs. In fact, at last count, the cost of raising a child to the age of 21 was close to a quarter of a million pounds. That’s a lot of anyone’s money. When you were growing up, your parents probably extolled the virtues of saving. While don’t get me wrong, saving is an important step in managing your household finances but given how heavily the financial deck is stacked against parents today, it’s rarely sufficient on its own in this day and age…   Continue reading “4 Reasons Why Saving Just Isn’t Enough For Most Families”

saving money

Saving For Large Purchases Without Sacrificing Your Lifestyle

How people deal with finances can be completely different; from what they choose to spend their money to how they save. Whether we save a little or a lot, it is something that the majority of people want to do. I don’t know of anyone that doesn’t think saving for a rainy day is a bad idea. But sometimes, saving with something specific in mind can make saving even more fun. Take a large purchase like a once in a lifetime holiday or a new car, for example. These are both things that are lovely and can be well deserved but there is no point in splashing out on it when you don’t have the money coming in to pay for it. So savings it is! Continue reading “Saving For Large Purchases Without Sacrificing Your Lifestyle”

money saving

Money Saving Tips for The Stay at Home Parent

Not returning to work…

When we made the decision that I wouldn’t return to work it wasn’t taken lightly. We understood that by cutting out a wage we would need to make changes to our lifestyle but we knew that having a parent at home was what we wanted for our child. When we began to calculate costs we actually discovered that if I went back to work after maternity leave I would be doing it to pay for childcare. Due to my career change, I had already dropped my yearly income quite considerably and my new wages would have only Continue reading “Money Saving Tips for The Stay at Home Parent”