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Money Management

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Submitted By midnigh12
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Money Management There is nothing but time in my life since I am unemployed, and I have been for three years, so I choose to write about money management, due to the fact that, that is the biggest challenge I am facing on a daily bases. As the head of my household, and being a single, parent is has been difficult to take care of my son, who is growing and is in need of clothes, from underwear to shoes, and since this is the beginning of a new school year it is a little more difficult, because I cannot afford to purchase him any new clothes for him. I have to struggle to pay rent for our home and utilities (gas, lights, and water).
I do receive a check from the Family service’s agency that is four hundred dollars a month for the two of us and I try to stretch that as far as I can, which is very challenging. I have to decide which bill to pay for the month and manage the other’s until I can get my hands on more money. I have had to sell some of my furniture just to make it through to the next payment comes in from the family services. Going for help was a very difficult moment for me being that I consider myself very independent and self sufficient. Efficient use of money can increase my goal to own a business one day. I must routinely plan a daily, weekly, and monthly schedule. Establishing a routine is essential in operating any organization. Planning a family daily or weekly schedule allows me to understand and count every penny I have. , I must maintain effective money management in order to keep all of my responsibilities intact. My son looks to me for all of his needs and to maintain an impact performance while handling the difficult day-to-day tasks of managing our house. He is thirteen so he is fully aware of the challenges we face every day, it has become too difficult to hide it from him.
Organization is important in practicing money management. In my home, I believe frequently used materials such as zip lock bags, and plastic shopping bags can be reused for many different things, I wash out the zip locks to reuse for storage of food to freeze, and the shopping bags I reuse for trash this way I do not have to purchase them on a regular bases. I ask my son to participate by keeping the bags from the store instead of throwing them out which is what he is used to doing, also by helping me to clip coupons from the Sunday news paper. We also travel to store’s that offer the greatest discounts on our purchase’s, and we buy generic brands as well. Keeping my son and me motivated can be a challenge. It takes creativity and dedication (Jenbug, 2009). He has a chart of ways to help save money around the house, such as turning of the lights when he is finished, or not letting the water run too long just to wash his hands, and taking a shower, instead of a bath. By seeing that my son is becoming more involved has made me motivated to continue to try my best to keep him interested and would encourage me to think of more creative ideas, until I get a job. I spend as much as three hours on the computer job searching and four more hours on my classes.
Discipline is another important approach that I have to face at home. Keeping up on my classes is a very important responsibility for me I want to improve my life and passing all of my classes is a very good way to do that. So by staying on a schedule is the best way for me to remain productive. Although a distraction may occur with a teenage son, one must be able to stay focused and still effectively manage his or her schedule. In my home, with my organization skills I do not discriminate. I practice different leadership skills tailored to stages of my sons age, as he grows things will change. My goal is to also teach my son leadership skills he can use to further his professional career some day. I can also use the same skills in my own business as well. In a constructivist’s view of my workplace it will be structured so employees are immersed in experiences within which they engage in imagination, interaction, and personal reflection (Deubel, 2003).
Maintaining good order in a home is one of the most difficult tasks I face today. The task has become more difficult over the past few months as the money is no longer meeting our needs as my son grows older the bigger the child the more expansive certain items are such as shoes. There are not many places to find shoe for a teenager with big feet for a reasonable price these days.
Some of these changes have led to greater self confidence for me while others have led to bad thoughts, because of the lack of a response from employers. Maintaining effective money management can be a difficult task, but while I practice both management and leadership skills, this can be a task that can easily be accomplished. I am the living proof.

References
Jenbug, (2009) Keeping Kids Motivated to Help Out Around the House. Retrieved August 28, 2010 from www.associatedcontent.com
Deubel, P (2003). Behaviorist/Constructivist and Classroom Management. Retrieved August 30, 2010, from www.ct4me.net/multimedia_design.htm…...

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