Are you looking for ways to maximize your savings or free up a little more disposable income? If so, you’ve come to the right place! Here are some strategies for savvy moms looking to save more, spend less and grow their money.  

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Take Control Of Expenses

Do you ever go to check your balance and find that you’ve got less money than you thought you had, or do you feel like you’re paying more than normal for insurance, broadband or digital TV? Many of us spend more than we need to, especially when it comes to household expenses. If you’re keen to save more and spend less, one of the best things you can do is start budgeting.

If you have a budget, you can track spending and highlight areas where there is potential to make cutbacks. Have a good look at where your money is going, and take steps to reduce the amount of each payment. Shop around for the best deals on auto, home and health insurance, compare prices for smartphone contracts and TV and broadband, and cancel any subscriptions that you don’t use. You can also save money on groceries by shopping online and cut the cost of your commute by sharing rides to work and walking or cycling short distances. 

Read more: How To Set A Budget And Stick To It

Investing your money

If you have money set aside and you’re looking for ways to grow your income, have you thought about investment opportunities like stocks and shares or buying real estate to rent? There is an element of risk with any investment, but if you make the right choices and you seek expert advice, you could benefit from putting your money into bricks and mortar or shares that are likely to appreciate. If you are considering real estate as an investment opportunity, and you want to rent a property out, research locations carefully and make sure you choose a property that will appeal to your ideal tenant.

To learn more about financing options, take a look at sites like and figure out how much you want to spend. With a rental property, you want to make sure that you buy in a neighborhood where there is a demand for homes to let and that the rate you set is realistic for your target market. 

Boosting your income

As well as reducing expenses, you can also increase your disposable income by boosting your earnings. Aside from exploring investment opportunities, you could also look into pursuing avenues like taking on more hours at work or setting up a side job.

If you have time available, for example, why not utilize your skills, passions and hobbies to make money? You could offer classes or consultancy services if you’re an expert in IT, accounting, or business growth or you can speak multiple languages, for example. Alternatively, you could use your creative talents to make money from baking, writing or painting. For more ideas, check out this useful article

Read more: Top Work From Home Jobs and The Tools To Succeed

Whether you’re looking to reduce spending or create a nest-egg for your future, there are several ways to make your money stretch further. Hopefully, this guide has given you the inspiration to boost your bank balance.