Saving money and achieving financial goals can be overwhelming but it doesn't have to be. Inflation, layoffs, divorce, learning to save during tight times and inflation will create savings habits that will last even when the economy improves and that can empower women to achieve financial success. These tips are for all women, especially single women and single mothers.

1. Create a Budget Start off by creating a budget and separating what you need versus what you want. Many times we think something is an absolute necessity, like that new coat, when in reality our old one works just fine.

2. Deferring purchases on things we don't really need will help us save more quickly. Tiny savings add up too - cutting back on coffee or lunch are great places to start! Try using the 'jar concept' where you put whatever money you're saving near your coffee maker so every time it's filled with cash, it creates positive reinforcement for yourself.

3. Reward Yourself There's nothing wrong with treating yourself once in a while from those small savings as well. This may even create some healthy pleasures along the way.

4. Pinpoint hot spots that normally lure you into making unnecessary purchases also helps make spending less attractive than before.

5. Shop without a cart It will help limit what you can purchase and lead to immediate savings.

6. Respect Your Money by avoiding credit cards in your purchases where possible - it'll help keep spending under control as well.

7. DIY When tackling bigger expenses for your home, consider trying the DIY route first; even if that proves unsuccessful, at least you took some initiative! You may try this for smaller expenses as well, like doing your own nails, cutting your own hair or cooking more if you usually go out. You could grow a vegetable garden and find ways to get back to basics.

8. Learn new skills Take up a cooking class or car repair class. Here you can swap out the anxiety of increased expenditures for the anxiety of learning something new but you will get both newfound knowledge and pride instead. For an added bonus, meeting new people is also inevitable when taking on various tasks around town. Your new skill could even turn into a side hustle.

9. Prioritize It's not uncommon for people to go into unnecessary debt pursuing their goals. The key is avoiding temptation and making sure your priorities are lined up; whether you're looking at a vacation, sending children to camp or just want that new car - set some short, mid and long-term goals for yourself so you don't have the temptation of taking out loans or swiping a credit card. Thoughtful spending can give meaning back to your money. Having some kind of goal attached with your purchases rather than them feeling empty will help motivate more thoughtful purchasing.

10. Pay off Debt Paying off debt is an effective way to save money. When you pay off your debt, you are able to keep more of your hard-earned money in your pocket instead of sending it to creditors every month. Additionally, when you pay off debt, you are no longer subject to interest payments that add up over time and eat away at any budget surplus. By paying down debt, you can free up more money each month for savings and investments that can help you reach financial goals and build wealth for the future.

More Support and Information

If you want to learn more about the Financial Planning before, during , and after divorce go to www.financial-sherpa.com/divorce-resources

If you need to learn more about Divorce go to www.divorce-sherpa.com