Last updated on May 25th, 2020 at 09:16 am

We don’t always get the opportunity to thank our motherly figures for the immense tasks and responsibilities that they endure and take on every day…

Since May’s calendar includes Mother’s Day, now is the time to publicly say: “Thank you” to all our juggling, role models/superstar moms out there. We appreciate what you do. So, keep on doing what you do best – being SUPERMOMS as you are great at it.

Carla Oberholzer, a debt adviser at DebtSafe, highlights that although a mother’s world is not always easy, she does the best she can (and, even goes beyond) with what she has available.

We should, therefore, praise and thank her for taking on motherhood PLUS other responsibilities, like being a good financial steward, in the process.

We can learn a lot from our mothers including several financial lessons that we are truly thankful for:

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Moms, thanks for teaching us to make our money work for our current reality.

We have faced and are facing various challenges, such as a virus pandemic and economic uncertainty. Unfortunately, many times these things are out of our ‘control’.

Through the examples that you, our role model mothers portray we can see that we have to take care of things we can manage  –  our mini-economy and current reality or financial picture. For example, we can be creative with boosting our income and cutting unnecessary spending.

Moms, thanks for teaching us to keep an eye on our monthly budget or those monthly deductions and expenses of ours.

As you keep regular count of debit orders, your income and deductions – so can we. We need to make sure that we are proactive and on top of our overall financial picture.

Each month brings its own financial challenges and with a proper budget in place, we can know exactly where we stand and what our goals are to improve certain aspects of our finances.

Moms, thanks for teaching us those savvy saving tips that you live by.

Just like you, mom, it is important to train our brain with the best and most frugal money psychology thoughts and turn these into actions (for example, sticking to our grocery list and fishing out those real discounts while shopping).

If we are in a frugal mindset we can enable ourselves to save wherever we can. Plus, we also set a good example for others when it comes to saving a few bucks.

Moms, thanks for teaching us that we can FIX our debt pile and that we are not alone in the process.

There are various methods to try, for example, the snowball method (starting with the lowest debt amount) or the avalanche principle (tackling the high interest rated debt like a credit card first).

Thank you for always being wise, and teaching us that there is no shame in asking for help.

When it comes to finances, seeking Debt Review, an extra helping hand from a Debt Counsellor or the National Credit Regulator is a brave move that will help us structure severe debt in a regulated and sustainable manner.

To all our mothers – THANK YOU for teaching us about living our lives well, and managing our finances while juggling all aspects of life. Keep on doing what you’re doing, you are amazing!

Happy Mother’s Day on the 10th of May 2020.