There never seems to be enough money.
Especially if you're paying thousands, tens of thousands, or even hundreds of thousands of dollars for fertility treatment.
Since getting booted out of the security of a dual income household into the cold, uncharted (at least for me) waters of single momhood, I had to re-evaluate my finances quickly.
Four habits I adopted early on has allowed me to save quite a bit of moola.
Enough so that I have a few months of runway in case anything unexpected happens.
It's actually quite simple.
- I use cash as much as possible. I limit my debit card use to Amazon, gas, utility bills, and anything I can't pay for in person
This makes me evaluate the need of every purchase.
- I don't use a credit card. Ever.
It's just too easy to put off paying the entire balance when the bill comes. I'd rather pay as I go instead of getting hit all at once.
- I record every expense on my phone at the time of purchase using a budgeting app. YNAB is my choice. Mint is very popular one.
- I track every expense on a spreadsheet. At the beginning of each month, I look it over. This helps me see where I'm spending money so I can adjust down if I feel like it's excessive.
It takes discipline but it's soooo worth it. I've grown my savings at a rate that I didn't think was possible. (Giving myself a pat on the back now.)
Maybe these tips will help you save more as you pay for your fertility expenses
Want more advice in the form of fertility health? Call me at (858) 495-0771 or book here: http://juliechang.genbook.com/
Natural Fertility Eggspurt
The Real Deal:
- Licensed Acupuncturist for 18 years
- Master in Traditional Oriental Medicine, Magna Cum Laude
- B.S. Microbiology & Molecular Genetics, UCLA