Shopping and Kids: A Terrible Combination

Shopping with Kids: How To Say “No”

How to Shop with Kids and Not Lose your Mind or your Temper

We’ve all seen it: the kid screaming in the store because they so desperately want the toy that is the only thing that is standing between them and eternal happiness. And the mother, red-faced and angry, trying to complete her shopping while her kid is screaming and howling across the store.

And sometimes you are that mother and the only thing standing you between you and eternal happiness is your kid stopping to scream. So there are really only two options: give in to the kid or have a shopping trip from hell. Neither are ideal. This is only made worse if you cannot actually afford to buy the child said item. Kids don’t really get that when it comes to bread vs. random action figure then bread wins every time. They just assume that they will be well-fed, no matter what. And it comes down to us, the poor parents, to make those difficult decisions (not). But no matter how tight money is, there is probably not a mother in the world who considered giving in to her child when that tantrum starts.

Continue reading “Shopping and Kids: A Terrible Combination”

Do you have your holiday list done?

Holiday Budgeting Fun!

I’m being sarcastic. There is nothing fun about trying to fit the joy of the holiday season into a meager, or any, budget. I’m Jewish so I am super lucky to have less expectations upon me this time of year. But I still have Hannuka and I still have people in my life that I am expected to gift. Examples include: postman, garbageman etc. The biggest one for me is my Kid’s teachers. Its expected to give them a holiday gift and I certainly do not want to be the parent who doesn’t deliver! The things we do for our kids!

Lists, lists and more lists. Are you finished with all your lists? And most importantly, your HOLIDAY LIST.

I don’t mean the gifts you are going to buy for people. I mean the amounts that you are willing/able to spend. Money is tight in our household these days so we are setting pretty strict limits on what we are going to spend this holiday season. Thank goodness my kids are young and don’t expect much! What I do is figure out the amount that I can spend this year. I look at what I have in my “Holiday” account and figure out approximately what will be added from now until then.

How Much Money are You Spending?

How Much Money do You have Saved?

Then I take the following things into account:

  1. Gifts- who I am I buying for this year?
  2. Tips- who expects them? Who do I want to show appreciation for? What is the standard for teacher’s gifts?
  3. Parties- I am throwing any this year? How much will that run me?
  4. Extras- doughnuts, hot cocoa, peppermint bark… the list goes on. Which seasonal items do we think we are going to purchase?

Then I allocate the amount that I have by all the “obligations” I have. Maybe this year I won’t make a party. Maybe I will but on a really tight budget. Maybe our “extras” will be pretty skimpy this year. Is there anything I can DIY?

I set a dollar price on gifts. As all the stores come out with their sales and catalogs I look at each one and see what fits into my price range. if I find a great deal, then I either have more to spend on that person or more for another person. For example, my budget for my son is $10 this year (I told you money is tight!). He really wants playmobile. I check all the deal sites and set up an Amazon price alert. As soon as the price drops under $10- I will purchase it and hide it! If I spend less- great! If the price never drops- I will have to see if I saved money elsewhere to buy him what he wants. If I don’t have that extra money he will have to do with something else. (It better go down in price!)

Its Not About the Gifts

We are trying to raise our kids to enjoy and appreciate the holidays BESIDES for the gifts they receive. Gifts are MOST ASSUREDLY NOT the center of our holiday season. Of course, they are getting a gift- I am not going to deprive them of that totally. But the gift that they will receive will be within our budget- as modest as it may be. I would not be doing them any favors to raise them to focus overly on gifts or to put our (and therefore their) financial future in jeopardy to go into debt to buy them a present!

 

Of course, its easy for me to wax lyrical about saving money on gifts. Its not as important to me as it is to other people. Budgeting is about choosing what is important to us. We choose what is our important to us based on our culture and social group. 

Why I Blog

Blogger recognition award

I was nominated by Melanie from Partners in Fire for a Blogger Recognition award. Thank you so much Melanie for all your support! Melanie is a great blogger who is pursuing Financial Independence. Follow her on twitter and subscribe to her blog to receive her latest blog posts by email.

The Award
The Blogger Recognition Award is given by bloggers to recognize others within the blogging community. It’s a great way to recognize each other for the hard work we put in. It’s also a great way to support the bloggers we know and love.
The Rules:
Thank the Blogger who nominated you (me!)
Write a post as to why you started your blog
Include 2 bits of advice you would give to other bloggers
Nominate other bloggers and comment on their response

Why I Started my Blog

I am a mother in my 20’s. About 2 years ago, I lost my job. I had 1 child and one on the way. My husband is still a student and brings in very little money with some of his side jobs. That period was one of the worst in my life, but one of the greatest learning experiences. (More on that story later). We lived on nothing. We made it through on my husband’s part-time job and the money I made doing survey’s online (no it wasn’t a lot!) but we were determined not to go into major debt. Since then I have (Thank g-d!) gotten a job. But we are still a family living on a pretty tight budget although we are lucky enough to have no debt (again follow my blog to hear that story one day).

When you spend time so focused on personal finance and being frugal you start to notice how much other people are messing up their finances;) and I realized how much I enjoy reading and learning about personal finances. This meant that I had so much to share on the topic. I quickly realized that I was boring my friends and family with my financial musings and advice so I decided to start this blog anonymously. It’s pretty much a secret from my family and friends.

Thus “A Dime Saved” was born- I offer financial advice for the newly starting out on their financial journey and for those who are not in a position to save tons of money and who have to stretch their food budget every week. Since its my blog I also get to share my own advice and musings on personal finance and life.

I do this blog as a hobby- to get my sanctimonious advice out my system and to utilize my writing skills. If I make some money from this blog then I wont complain! I will just dump it all into my 3-6 month emergency fund which is pretty slow in coming!

My Advice (for what it’s worth):
1. Just do it- don’t think too much about it- post what you can and you can always go back and edit later. Don’t focus on perfection- just share what you can.
2. Don’t focus on the money- I know! I Know! We all need extra money in our lives, especially when you have so little of it. But making money from blogging is a long, slow process and focusing on the money aspect too much can really bog you down. Enjoy the process.

Nominations:
The FI Guys
Guided by Coffee
Mint Habits