Goddess made this "coin mommy" to show me that she wanted to go to get ice cream. Teaching my kids that nothing is free except the air you breath has been my mission the past 6 years. They are old enough to know that there isn't a money tree in the backyard and that mommy and daddy work hard for everything they give them. Daddy works hard to make the money and mommy works hard to make that money stretch!
Goddess was saving for a certain stuffy she wanted but a few months ago asked me to bring her to the bank so she could deposit her savings. It was a very proud moment. As a child saving was very important to me. Now that I am older, it is so much harder to save. Every dime is accounted for as you can see there are quite a few dimes inside this little coin mommy!
Times are hard for so many people right now. Here are 4 great tips.
Today’s mom is the ultimate super hero. She works hard daily to make sure that her family is taken care of, is always looking for new ways to save money and still manages to spend quality time with her family every day. The amount that she accomplishes every day is astounding, but what is her secret?
“People look at mom’s who manage the family finances with ease and grace and think, ‘I wish I could do that,’ not knowing that they can with the right tools,” says Jeffrey Weber of SmartBalanceTransfers.com.
You too can be the super mom that saves your family hundreds of dollars each month with the right tools. Here are some reasons why moms should be using balance transfer credit cards.
You can pay off your credit card debt faster
Many moms have been able to lower and even pay off their existing credit card debt with balance transfer credit cards. Balance transfer credit cards allow you to have all your credit card debt in one place with a lower interest rate, so you can pay it off easily and quickly. Of course, paying off your debt is always a good thing for your family’s financial standing. You can free up more credit lines and help your family be free of financial issues.
You can gain rewards points to use with your family
Many balance transfer credit cards have great rewards systems that you can take advantage of. You may decide on a balance transfer credit card because of the low interest rates to pay off whatever credit card debt you have, but you will keep it because of the rewards system. You can earn points for the things that you buy on a regular basis and use those points to get cash, airline miles, and other options that your family will love.
You can teach your kids about credit
It is unfortunately a subject that is not commonly covered in our school systems, but how to properly manage credit it an important lesson that all young people need to learn. You can use your credit card to explain how credit works to your children and help them establish good financial habits now. That way, they will be more responsible with credit and money in general when they are older. If your kids are older, you may even want to open up a credit card with them to help them learn how to use credit appropriately on their own. You can manage the card and help you child learn the effects of misusing credit.
You can improve your credit score
Many people think that using a credit card correctly does not have any positive effect on your credit score. Although it is a slow process, having a credit card that you use regularly and use appropriately (make regular payments on) can improve your credit score over time. You can use your balance transfer credit card to improve your credit score and advance your family’s financial standing.