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How to budget a small income
I am a single mother and I have a 6 month old daughter. I want to know more tips on budgeting my small income and to save for my daughter's future. Thank you for those who will share their tips and experience.
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I suggest do some investment in goverment banks by paying on monthly or yearly basis.You can also invest in any pension plans so if you retire at some age and you need faninicial help for children you will get some money on montly basis.you can take tutions on sundays/holidays to make more money.
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Re: How to budget a small income
If you are capable of doing a part time home base job you should try it, that can solve your financial concern. You can't just rely on the small income you got as we know prices of the goods are increasing, having another source of income can save you a money to help you in taking care of your child.
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Re: How to budget a small income
You can buy store brand food, You can save change, You can put aside 5 dollars a week for your daughter, You would be surprised how quickly it can add up over time.
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