Hi, what’s your name?
Samuel 4 and Ollie 17 months
Do you work? FT/PT?
I did work part time. I’ve just been made redundant so I’m doing some Digital Marketing and Social Media freelance work.
Why do you work?
To earn our family luxuries.
If you don’t work why don’t you?
What are your child care arrangements?
We have an amazing childminder who the boys adore.
How do you manage for money?
We do ok. My husband works incredibly hard and has been successful in what he does which allows us to tick over.
Do you worry about money?
Not about paying the bills thankfully but we do sometimes wish we could enjoy more luxuries. Some weeks we have to pull the reigns in and make evenings at home an event with friends rather than going out.
What do you waste money on?
Electricity purely due to forgetfulness and so many people in and out of different rooms so frequently. I’m desperate to get better, not only for the money but the environment too.
Have you made any big financial changes since having kids?
Nothing major but we do spend a lot less on ourselves, clothes and personal items. I always try to make things last as long as I can and take extra care of things. If clothes get a hole in it I do what my Mum did and sew it together.
How do you make extra cash?
Ebay / Gumtree / (Indirectly) I trade my Tescos vouchers in for meals out etc (they do everything these days!)
Can you share 3 top budgeting tips for other parents?
1. Know your bank accounts like the back of your hand. I have a bills account, a leisure money account, an immediate savings account and a longer term savings account (ISA etc) Every time our wages hit the account I go in and separate into the necessary accounts. Ensure pensions or similar are being paid into for your future as well.
2. Whilst I was on maternity leave and even now we purposely only shopped in one supermarket, Tesco. The return on the vouchers (3x 4x) is excellent. We eat frequently on the vouchers otherwise we may not be able to afford to eat out. They are offering great days out for the children and I know a lot of parents who have paid for their holidays from their Tesco vouchers, worth focusing your shopping in one place who ever it may be with.
3. This tip I learnt from my husband. Use every last bit of food in your fridge. Householders throw away so much money in the form of food. Try and research what you can do with different foods in advance if you know something is on it’s way out. Find a way of incorporating it in a new recipie. It just takes a few minutes on Google or we like www.bbc.co.uk/food. It will be sure to save some wasted pennies or pounds.
Good luck !
My ‘Mums on the Run UK’ website and blog is due to be published soon but in the meantime please find me on:
Thanks so much for your answers and good luck with the new website!