When you’re going through a divorce, every penny counts.
Hiring a good lawyer, paying for mediation services, and managing your future child support are just a few of the major costs you’ll need to think about, and that’s not even taking day-to-day expenses into consideration.
Are you wondering how you’ll be able to manage the style of living you’re used to?
Before running out and asking for a loan, or applying for another credit card, here’s a look at three simple ways you can save a significant amount of cash.
Make your own food
Eating out saves you time and energy, but it’s also quite expensive. It’s far cheaper to go to the grocery store once a week and plan your meals around your purchases than it is to buy three meals a day at even the most affordable fast food joint. Yes, you’ll need to set aside some extra time in your schedule, but doing so can save you hundreds of dollars a month, especially if you regularly dine at restaurants.
Cut Back on the Coffee Habit
This might sound a little overwhelming, but it is possible. Is there a coffee machine at work? Do you have a coffee pot at home? Utilize these options for free, instead of spending seven or eight dollars every morning at your local coffee shop. It’s still important to treat yourself to things you like, but you can do so at a far more reasonable cost. For example, a bag of coffee beans is usually under ten dollars and can provide you over two weeks of your morning joe. Talk about savings!
Only Spend on Necessities
Are you a member of any subscription programs? Do you spend $20 or more on downloading new music or movies each month? While it might hurt at first, canceling these services or at least putting them on hold until your finances are in better shape can give you the extra padding your bank account needs. You need money for bills, shelter, and food. For the time being everything else can wait.
These are only a few of the simple things you can do to save money while dealing with your divorce proceedings.