10 Easy Ways For Single Parents To Save Money

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10 Simple Ways for Single Parents to Save Money


In 2006, the US Census Bureau reported around 14 million single parents raising 21.6 million children. Among them, 83% are mothers, and 30.3% receive public assistance. Child care subsidies and public health insurance can help bridge the gap between low income and essential expenses. However, not all eligible families receive these benefits. Many single parents live paycheck to paycheck, struggling with basic necessities and debt. Here are 10 straightforward strategies to help save money:

1. Buy a Used Car
Consider trading in your current vehicle for a used one with a lower payment. This decision can either eliminate your car note or save up to $200 monthly.

2. Use Coupons
Purchase items on sale or use coupons to save up to $300 a month. Some shoppers reduce a $200 bill to just $5 by using coupons strategically.

3. Opt for Generics
Choose generic brands for household items, clothing, prescriptions, and groceries. This swap can save $5 to $50 each month.

4. Choose Washable Clothes
Avoid clothing that requires dry cleaning, saving an average of $50 to $150 per month.

5. Do Your Own Grooming
Manage your hair and nails yourself and purchase makeup from drugstores, saving $40 to $100 monthly.

6. Select Regular Gas
Use regular gas unless your car’s manual advises otherwise. Find the cheapest local gas station to save $0.05 to $0.20 per gallon.

7. Shop at Discount Stores
Buy household items in bulk from stores like Target, Walmart, or Costco, saving $5 to $50 each month.

8. Cut Back on Expenses
Reduce or eliminate cable, cell phone, or internet services, or switch to the lowest available plan to save $20 to $100 monthly.

9. Groceries from Superstores
Purchase groceries and dry goods from superstores or wholesale clubs such as Costco or Sam's Club. This can save $30 to $200 each month on markups found in regular groceries.

10. Enjoy Free Activities
Explore free local activities with your kids. Check your library or local newspaper for ideas, potentially saving $5 to $100 monthly.

For more money-saving tips, visit [Stretcher](http://www.stretcher.com) or [Budget Dial](http://www.budgetdial.com).

You can find the original non-AI version of this article here: 10 Easy Ways For Single Parents To Save Money.

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