When you’re raising a young family, it can be hard to adjust to the extra expenses that inevitably pile up. If you’re already working at maximum capacity and still struggling to keep your head above water, it’s time to start thinking about other ways to save money while still ensuring that your family is well taken care of. Here are a few of the top ways to save money even with a growing family.
Join a Wholesale Retailer
If it seems like you’re always running out of important household items like shampoo, toilet paper, and over the counter medications, it’s important to realize the magic of wholesale retailers. Many people are unaware of the incredible savings that you find at a company like Costco or Sam’s Club, but stocking up on essential items that you use on a regular basis can be a lifesaver. In addition to common items like bathing and cleaning materials, you can also score great deals on healthy foods like frozen veggies.
Plan Meals in Advance
Being a parent and working a full-time job is an exhausting combination. If you haven’t planned out a meal in advance, you’ll probably find yourself swinging through the drive-through after you pick the kids up from school or daycare. To avoid spending money on eating out, make sure to sit down for an hour or two and plan meals for the whole week. This is one of the best things you can do to ensure that your family has a healthy diet and your bank account stays in good shape.
Find Affordable Insurance
If you’ve been with the same insurance company for a few years and the price just keeps going up, you might be able to save quite a few bucks per month by switching to a new company. When you need Nashville auto insurance, make sure to ask around to up your chances of finding the best coverage possible. If you have young drivers in your household, it’s even more important to find reasonably priced auto insurance, and group plans might be available to keep costs low.
Shop at Thrift Stores
When your kids are little and growing rapidly, it doesn’t make sense to pay full price for clothing that they’ll only wear for a few months. Since it’s nearly impossible to re-sell clothing for a similar price to what you bought it for, skip the pricey kids’ specialty stores and opt for thrift shopping. If you’re not into thrift store shopping, you might be able to find gently used clothing on Craigslist or eBay that your children will love.
Entertain for Free
As the summer months approach, you might be feeling anxious about how you’ll keep the kids entertained without breaking the bank. While family vacations and summer camps can be a blast, sending each child to a different summer camp can take a serious toll on the family budget. To give your kids a fantastic summer while also staying frugal, find other ways to keep your kids happy that are free or low cost. Visiting the local swimming pool and checking out free library events are excellent ways to have fun as a family while saving money.