I almost laughed when I read an article on CNN.com about grown children moving back home.  It brought back some old memories about moving in with my parents the summer after college.   For some, this scenario might be described as every parent and grown child’s nightmare, and a sign of “failure to launch.”

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As single parents, we live in a  vulnerable environment. Under some circumstances, when an ex-spouse loses his/her job, it affects the other ex-spouse directly. “Emergency Funds” and reserves dry up twice as fast when one party has to pay child support or spousal support (or both.) With the loss of one income, we start feeling the heat.  So, what happens? The “Domino Effect” takes place: both sides of the single parent family suffer financial hardship. Bills get prioritized based on necessity. Parents live off of their credit cards to pay for gas and groceries.

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With the economy melting down like a not-so-delicious chocolate lava cake, my husband and I recently came up with some ways to cut back on our expenses. These suggestions might not work for everyone, but they have helped us to save money in the last month or so:

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