Latest Articles for Singles

Money-Saving Lessons from a Single Mom

(Continued)

Last year, I priced out new stainless steel appliances for our kitchen. I made a spreadsheet of the best prices I found on the items we wanted. When a sale came out one day that beat all of those prices, we were able to buy an entire kitchen of new stainless steel appliances for under $1500.

Don’t Spend Every Last Penny

"In the house of the wise are stores of choice food and oil, but a foolish man devours all he has." Proverbs 21:20

One lesson I’m glad I learned from my mom is to embrace this simple fact: just because I have money, doesn’t mean I need to spend it. When my husband and I go over our monthly budget, we realize that just because we have extra money after we pay our bills, doesn’t mean we should spend it on frivolous things. We’ve found that most of our extra money is best used in a savings account, going towards our retirement fund, giving to our church, other ministries and people in need. If we spent every penny we made on ourselves, our lives wouldn’t have much impact, and we wouldn’t get to be a blessing like God created us to be. Not to mention that by putting more money into a savings account, we are more prepared for unexpected expenses that come up (which can’t be avoided).

I would like to encourage the single parents out there, and even those who maybe aren’t single but are on a limited income, that you can instill success principles in your children without spending a ton of money on them. When you’re children are grown, the things that will stay with them are their character and maturity, not any material object you bought them. Be diligent to train your children in wisdom when it comes to managing their money, and when they have their own budget to handle someday, they will be thankful.

"Train up a child in the way that he should go, and when he is old he will not turn from it." Proverbs 22:6

Cortni Marrazzo currently resides in Spokane, Washington with her husband Jason. She and her husband successfully paid off over $11,000 worth of debt in their first year of marriage and she desires to help others reach their financial potential. Cortni has an Associate’s Degree in Biblical Discipleship from Dominion College and is currently pursuing her passion for writing and running her own home-based business, Essential Excellence. Contact her at Cortni@essentialexcellence.com or you can view some more of her financial articles and sign up for her money saving newsletter here.

Find this article at: http://www.crosswalk.com/parenting/11607080/

<-- Back

Share this page: