Simple Saving Tips for Families on a Budget

 

piggy-bank-1239661-640x640Money-Saving Tips for Families

The most frugal families know that lavish trips and the latest clothes do not necessarily make a happy family. Reducing bank account strain, however, can help relieve family stress. There are many simple things you can do to ease your monthly finances:

1. Plan Your Meals
One of the greatest downfalls of even the most frugal family is an impromptu trip to McDonald’s in lieu of dinner. Instead of serving up a healthy meal for under $2 a serving, you end up splurging – on calories and money – to feed your family, making it an automatic budget buster.

By taking the time to plan your family’s meals, you remove the excuse of not knowing what’s for dinner. Though you can plan any way you want, it’s easiest to plan a week at a time. When I already know that I’m serving up chicken on Tuesdays, I can get started on supper without staring at the fridge for 20 minutes or resorting to a fast food meal.

2. Arrange for a Staycation
Instead of blowing your budget on a trip to Disneyland, see what fun stuff you can do nearby instead. If you can take a few days off work and school, a “staycation” feels like a vacation even if you’re sleeping in your own bed.

Many nearby towns and cities have tons of stuff to do, whether it’s historical sites, campgrounds and hiking trails, free museums, or cheap daytime admission to the movie theater. When times are tight, it’s fine to nix the yearly vacation for something new. As long as you make it fun for your kids, they’ll hardly miss the trip. Vacations are about spending time and making memories together. Do you really have to go out-of-state for that?

3. Invest in Reusable Items
Disposable goods are usually cheap and super-convenient, but not when you have to buy the same items repeatedly. Your family probably uses a ton of paper products, but why keep spending your cash on them when you can purchase reusable goods instead?

Paper towels can cost around $1 a roll – instead, buy a pack of $1 washable cloths and you’ll save money in the long run. Rather than buying plastic water bottles by the case, purchase a filter and aluminum water bottles for each family member to get your water for cheap. Before you grab a disposable item off store shelves, ask yourself if there’s a reusable solution instead.

 

4. Buy Secondhand
Buying previously used items can definitely take some getting used to, especially if you’re used to brand new gear. But tons of stuff can be bought used without any difference as to how and when you use it.

For instance, sometimes you can find rarely used items and in very good condition at an affordable price. Outdoor bikes, electronics, high quality jewelry, can be significantly more affordable when bought from your local pawn shop, garage sales or thrift stores. You might be surprised at what you can get for a small amount of money without sacrificing your wallet.

More simple tips to save money for families on a budget, continue reading full article here.