Working mothers face many challenges, especially if they have young kids to look after. In addition to juggling work and taking care of the kids, managing the money is another task on the never-ending to-do list. Taking care of a family can be expensive and overwhelming but using the tools we’ve found can make managing money can become a breeze, or at least a little easier.
Use Budgeting Apps:
There are many great budgeting and money-tracking apps that can really help make it easier to keep track of income and spending. When you are juggling work, family, and much more, you can save time by using these apps, saving yourself a lot of hassle and allowing more time to spend with your family.
For example, QuickBooks is an amazing app that covers all your needs such as income, payroll, bank account management, and more. This is especially beneficial if you are running your own business. The only con is that you do have to pay a monthly fee, but it is worth it in the end.
Expensify is another great app that allows you to view your outgoing expenses. This free app automatically creates expense reports from your credit cards and bank accounts, even uploading your receipts. It can also export your expense reports, working in tandem with QuickBooks.
Another app that eases your money-managing headache is Mint. Mint organizes your finances into categories, such as travel, food, supplies, and more. It can also help you set up budgetary goals, giving you a clear overview of your finances.
Look Through Your Budget:
Take some time out of your day and look through your expenses. Many people don’t have a clear idea of how much money is coming in and coming out of their bank account, and this would be a good idea to figure out which transactions are unnecessary in your life. There is a good chance that you could find some cutbacks, like an unwanted gym membership or a magazine subscription that you never look through.
Juggling so many things at once, working moms often end up for no time for themselves or their family. Saving time on finances with these tools can be very useful in freeing up more time to spend with your loved ones.