Being a single mother can be hard at times and especially when it comes to balancing housework, looking after children, having a job and making sure you have enough money. Since this is so difficult, it can be hard to know where to start which is why we are offering a helping hand.

In this article, we will discuss how to save money as a single mother. Keep reading if you are looking for some assistance on this matter.

Set a Budget 

One of the first ways that you can save money as a single mother is by making sure that you set a personal budget

When you are a single mum, it can be hard to pay for all the things that you need to. If you set a budget, you will be better able to prioritise the expenses that have to be paid and move the non-essentials further down the list.

Each month, you should make sure you know how much you will need to keep for bills and essentials and then, keep the rest of the money for other things that you or your children might need.

Set up a Savings Account 

One of the other ways that you can save money as a single mother is by making sure that you have a savings account. This is a good way to save money as a single mother because you can put as much money into your savings account as you like and as often as you like. 

When you have a savings account, all the money that you put into your account will build up and, this can be used in case of emergency and for things that you need to pay for. If you have to make an emergency payment then you can transfer the amount from your savings account to your bank account right away depending on what kind of savings account you have. 

Switch to a Cheaper Tariff

Besides rent or mortgage payments, your energy bills are likely to be one of your biggest outgoings, so a key way to save money is to switch to a cheaper tariff. 

Energy comparison sites like are free to use, and can help you to compare energy prices from lots of different energy suppliers, increasing your odds of finding a cheaper tariff than the one you’re on right now. 

Keep This Guide in Mind 

Overall, there are a lot of things that you need to think about as a single mother when it comes to saving money and, in this article, we discussed some of the ways that this can be done. If this article was useful then, make sure you keep it in mind and use it as a guide so you can save money.

Vicky Charles

Vicky is a single mother, writer and card reader.


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