Look For Places to Cut Back As a single parent you always dream of a secure financial life. You can establish this dream by spending less than you earn. Even if your budget shows a surplus at the end of the month look for places you can save money. You might consider cutting on your television bills, and if you're in a habit of smoking and drinking, you should know that are not only expensive but also dangerous for your health. You would want to be there with your children as long as possible. Consider shopping during sales and discounts. Use coupons when you go shopping for groceries. Resist the pressure to spend on children to make up for only having one parent.