Home    Subscribe    Contact    Login

5 Ways to Save Money as a Parent

by Robert Keith (follow)
I'm a passionate marketer, health expert & national level athlete with a burning desire to travel.
Category (34)      Category (eg Sleeping, Eating, Play, Travel) (29)     
Having kids is one of life's greatest joys, but as the world becomes more expensive, being a parent is also an incredibly taxing financial investment. With so many toys, clothes, food and other necessities to consider, it can get overwhelming fast when you think of how much your child needs and how much you can realistically provide.



Save your penny's
Image from Pixabay


The stress is only intensified when you have more than one child and plenty of other bills to pay. But don't worry. You don't need Bill Gates's salary to give your kid's a great life, and the money you save by following some simple budgeting tips can be placed into a college savings fund or resourced for other expenses to make life easier.

Use Coupons

Yep, that's right. I'm advising you to be that mom at the supermarket, because coupons can actually save you hundreds (and if you're really savvy, thousands) of dollars per year. You're also no longer limited to clipping Pennysaver ads thanks to apps like Groupon, RetailMeNot and Retale.

Ask Friends for Hand-Me-Downs

There's nothing embarrassing about saving money, and you'd be surprised how many people actually just have old clothes, toys and other kid stuff packed away in storage or collecting dust in the basement. If your friends have kids that are a little bit older than yours or even roughly the same age, ask if they have any old stuff you could take off their hands. Not only do you save money on the objects, but you're also helping them clear up space in their home. It's a win/win!

Buy in Bulk

Instead of making weekly rounds to the grocery store, hit up larger warehouse outlets like BJ's and Costco. Here you can buy all the same staples you get at the supermarket but in much larger quantities at a competitive price. You'll be able to use your same monthly food budget but walk away with double the amount if you shop right. These stores also feature clothes, books and furniture, so you can rely on them for all sorts of family needs.

Shop Online

The best online shopping deals aren't reserved for Cyber Monday. All year long, stores have sales that you can only find by shopping on the web. When it comes time for birthdays and holidays, look for an online toy sale at carriers like Amazon. There are plenty of independent sellers who will be able to get you the same product you want from the store at half the price.

Freeze Your Leftovers

Kids are picky eaters, but that doesn't mean all your lovingly cooked meals have to go to waste. Focus on the foods that are cheap and easy to prepare and also store well like chili, spaghetti sauce, lasagna, stews, etc. Doing so will make mealtime easier for both you and your family, as well as save you money since you'll be able to defrost a meal in two weeks instead of having to rebuy all the ingredients to remake it.

Summary

Parenthood costs a pretty penny, but it doesn't have to break the bank. With small, smart budgeting choices like the ones listed above, you can keep your house running smooth and your kids happy with money to spare. If you're going through a rough financial period, don't let it get you down. Even if you only save $5 in a week, that's $5 you didn't have. Although money problems are enough to make even the toughest moms break down from the stress, know that with enough patience and discipline, you'll be able to build your finances back up while still living a life that is rewarding.


#Category (e.g Sleeping, Eating, Play, Travel)
#Category
#Category
I like this Article - 2
[ print friendly ]
Share: email  facebook  twitter
More Articles by Robert Keith
**Helpful Parent Style Tips** Becoming a parent doesn't mean that you have to abandon your sense ...
102 views
While it may look like mere childís play to you, play is the business of childhood and is instrument...
145 views
Kids run, play and sweat all day
131 views
As a parent, your options for your childs career used to be a trade, a university degree, or a non-s...
160 views
**The Beauty and Health Benefits of Coffee** If you are looking to get the most out of your o...
148 views
Do you wish that you could successfully pull your youngster away from his or her video games or iPad...
96 views
view all articles by Robert Keith
Articles by Robert Keith on Other Hubs
The seasons will come and go, but if you invest in timeless pieces for your wardrobe then youíll...
5 likes
As the mercury begins to rise itís important to remember to keep hydrated throughout the day
5 likes
As the weather warms up, your outdoor lounge will be your new best friend
1 like
My Google Plus Profile
ID: 43101
[ Submit a Comment ]
Trending Articles
When the clocks change, or in summer months, it can be difficult if your baby wakes extra early ...
3876 views
One way of cutting the cost of having a baby is to get some of your baby items second hand
8057 views
If you're looking for cheap baby goods for your baby, here are some excellent stores you can go to t...
9717 views
Most preschoolers love telling jokes but don't always 'get' the punch line or might instead tell...
by Jane
1925 views
Letís be honest; everything you could ever need to know can be found on the internet
2068 views
I love crystals and have a few in my collection, so when junior got a Crystal Growing Kit for Christ...
1646 views
As the school holidays in Australia reach over the halfway point and the new school year beckons, pa...
150 views
Let me begin by pressing rewind and explain how our bed time battles began
1080 views
IPads are a great way to keep kids busy on long journeys or while waiting for appointments
by Jane
1467 views
My 10 year old daughter has a friend who Iím pretty sure is headed down the road of self-destructi...
143 views
Categories
Parenting (156)
Play (88)
Tips (47)
Eating (32)
Travel (27)
Safety (23)
Sleep (11)
 
Copyright 2012-2018 OatLabs ABN 18113479226. mobile version