Guest post from Kelly of Kelly Cox At Home:
I recently left my career of 13 years… which means our home now runs solely on my husband’s income.
We always planned to live on one salary so that when children came along that I could stay home full time and we’ve worked hard and budgeted in order to make my “retirement” a possibility. (No children yet, but we are waitlisted to adopt!)
If you are considering living off one income, here are 6 frugal tips that help us…
1. Mend your own clothes.
I’m learning how to sew and mend clothes. Recently, I needed a dress hemmed and it was going to be $20 to take it somewhere. We hemmed it “in house” instead and saved money. Also, I’m having a good time learning to sew!
2. Make food from scratch.
I think food that is made from scratch tastes better. Over the last few years, I’ve continued to broaden my cooking skills and have saved money and provided better ingredients for our family.
If this seems overwhelming then just pick one thing to try like bread, pancakes or pie crust and start saving money and growing your skills one recipe at a time.
3. Make your own cleaning products.
Pinterest has been the source of many recipes for me to make my own cleaning products. I haven’t bought laundry detergent in years because I make my own. My husband and I make our own Swiffer solution refills and have learned to make other household products in order to stretch our money.
4. Set a budget
You can create a budget for free. We operate our home on a one income budget where we tell every dollar where to go. We have fewer discussions about money because we decide ahead of time how we will handle our finances, which is a timesaver, and blessing for our home.
5. Make your own repairs
My husband handles most repairs on our cars and home. However, if he is unsure how to do something, he’ll look up tutorials and YouTube videos in order to learn how to make a repair before calling anyone to do it for us.
We’ve saved a lot of money over the years by teaching ourselves to do it on our own.
6. Shop smart.
Since we live on one income, we have to be smart shoppers. I shop at Aldi, use coupons, buy what’s on sale and embrace house brand items.
The goal to live on less means you have to shop wisely and stretch your budget when possible. I’m able to purchase more of what we want by being strategic with how much I spend on particular items.
The goal to live on one income is attainable.
You may have to sacrifice a little, but the benefits will follow as you have greater financial freedom and flexibility for your household.
Kelly is a Christ follower, blessed wife, mom-to-be and a lover of all things home. She blogs at Kelly Cox At Home about her homemaking adventures, marriage, and passion for debt-free living. She hopes to encourage others with their homemaking goals while sharing tips on how to manage and enjoy all things that make up HOME!