Managing Your Finances

It has been over a decade now since I have been a stay-at-home mom. Initially, I had planned on being a regular working mom, but when my youngest child was diagnosed with ASD, I took a different path. There were moments, however, when I often look back to the times when I used to work in the office, receiving a salary of my own and dressed up professionally from Mondays to Fridays. 

 

Things changed after I got married and had my first child. For a short while, I went back to school to take up nursing. I was about to embark a new career path in healthcare, but then it all came to a drastic turn when I was confronted with my second child’s condition. On the bright side, it wasn’t totally bad since I could still work online as a freelancer, though, this did not guarantee long-term employment and a regular income. Often times, I hardly got any online job at all. Fortunately for us, my husband holds a regular job and is currently the sole provider of our family. Though he has a high position in his office, there are far too many expenses to take care of such as food, electricity and water bills, fuel, our children's school tuition, and our youngest child’s therapy. Anything other than expected monthly expense would usually result to us not being able to make ends meet. I think most parents understand this or have been in this situation in at least one time in their lives. There were times when no matter how hard we tried to balance everything, my husband’s income just wasn’t enough. 

 

Fortunately, we were able to secure financial solutions which enabled us to pay off unexpected expenses without having to sacrifice our main priority, which is providing for the needs of our family. It is a good thing that nowadays, parents who are experiencing the same difficulties as us can now easily borrow money online from creditloan.com. This site offers helpful topics about financing, computation of mortgage, debt management and other useful information that can help in managing one’s finances. It also offers short-term financial solutions for people struggling with bad credit.

 

At the end of the day, I think what is most important is that we try to live according to our own means. Buy only the essential things and don’t be tempted to spend just because of something you want. It also helps if you have the sufficient knowledge on how to create a budget and a good understanding about debt management.