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Savings and budget tips for single parents

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Robyn Thompson, a money expert and keynote speaker, joined us with some savings and budget tips for single parents.

1. Review your budget – look over what money you have coming in, and what you are spending it on. Where can this spending be cut or adjusted?

2. Shop strategically – avoid impulse purchases, this includes avoiding targeted advertising on social media. What you can’t see won’t influence you to spend! Also, meal planning can help with this. Have a list and stick to it, no throwing extras into your cart. Checking your cupboards before you shop can help too. Don’t waste food, see what meals you can come up with using food you already have.

3. Find ways to make extra money – Sell what you don’t need. Old appliances, clothes, toys, etc.