7 Ways Mothers Can Save Money

Reid Frankhauser · 10 May 2019

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Tip of the Day

  • Tip to Save During the Holidays: Decide how much you can spend. http://ow.ly/pX9nu via @Bankrate

Saver Tips and Stories View all »

Starting and Continuing a Personal Finance Journey

When Kiara Hardin, now a junior at Western Illinois University, became an intern with the Chicago Summer Business Institute during her sophomore year of high school, she began her personal finance journey. The program required participants to open a savings account.

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Don’t Laugh at Saving Spare Change

Virginia Saves saver, Brittany, decided to start saving again when she became a single mother. She thinks many women, and men, can relate. According to Brittany, “You work out a financial plan with a significant other, you get married and/or have children, you live together and pay bills. However, for one reason or another, life throws you a curve ball and changes the whole scenario. It is so important for a single person, especially a single parent, to have control over their own finances. We have to learn to use what we currently have, and make our paycheck last, to ensure our children and ourselves, are healthy and in a good place. America Saves emails have served as that voice, whispering to me, "It's okay! Day by day, you CAN save and you CAN take care of yourself and your children.”

Brittany’s #1 savings tip: Don't laugh at saving spare change, or an extra dollar from a paycheck. These small efforts are like all of the streams into a sea of water.

Starting Over

Until last summer, Michael Lindman spent money freely. “I was a union truck driver for 35 years and had a good income,” said Lindman. “I owned my own home, saved a little, and tried to live within my own budget. You always think there’s going to be that much coming in, but things can change in a split second.”

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