The hardest thing about money management is just getting started. No one is born with money management skills. Everyone learns from their experience.
When we plan to start saving, the household is a notable term. We can save easily a lot on our household chores as a frugal family.
So here I am going to list 10 amazing saving tips for household money management.
So let’s started,
1). Buy everything in bulk
Buying your household items in bulk is just another money saving option. This will save money for you in 2 ways. Firstly, you can save in transportation cost and you also can get some discount easily for bulk purchase. This will save you a lot on your monthly expenses.
You should purchase household things on big sales or offer season. I recommended you to make a list of festive season and other seasons of year and then you should develop your purchase plan for the year.
2). Buy second-hand or refurbished utilities,
Whenever you want to buy some stuff like electronics appliances, furniture, toys, and vehicles etc. you should opt to used items (but not useless). You also can buy refurbished items that are good enough than used.
This is one of the best way to saving for a frugal family. There are tons of stuff can be bought used without any difference as to how and when you use it.
3). Arrange “staycations” on the vacations,
In the vacation seasons you should arrange staycation instead of blowing your budget on trips. As frugal parent, you can enjoy the vacation in your own houses with kids. There are lots of things we can do for entertain our family. You can arrange a family dinner after movie. You also can arrange a video game competition, visit your nearby place, and arrange there a party with family. There is lots of stuff that you can do instead of vacation trip at your home also.
4). Use online education instead of home tutorials,
On the web, there are lots of tutorials where your kids can learn great stuff free of cost easily. There are lots of YouTube channels available who provide free classes. And there are also some free online schools those provide all study materials, and tutorial for your kids.
5). Use disposal products
There are lots of products that we use and throw so if we can then easily save some good pennies easily.
You know, diapers, napkins, paper-towels are our regular usable stuff that we use and throw regularly while these are cheap but not when we need it repeatedly so if we use washable cloths instead of paper towel and napkin then we can save a lot.
You also can stop to use plastic water bottles by the case, purchase a filter and aluminium water bottle for each members of your family.
6). Shop like hard-core frugal person,
Never drop a chance to be hardcore frugal. Before shopping you should make a list of groceries and try to find some discount coupons. But do not be seduced by pseudo-sales.
Here are some tips for shopping strategically,
- Purchase in bulk
- Shopping at offer season,
- Use reusable bags instead of plastic’s
- Shop without kids,
7). Entertain at home with family instead of movies
Sometime your kids drive you crazy enough to head out to movie theatre and bowling alley and you get out of the house for entertainment. But you know this trip can spell disaster your budget easily.
So, you should find ways to keep your kids entertain at home. You can play video game or board game with them and watch movies with them. This way can save lot of amount easily for your future.
8). Save energy and save money,
You have heard it a lot of time but never taken it seriously. You can save on the energy bill by old ways like turning off blubs, fans, and shower etc. Using energy efficient bulb and electronic appliances will save a lot on your electricity bill.
9). Arrange fantastic dinner instead of going further,
You can do this easily, and this is a prominent way to save. So, to arrange a fantastic dinner you should plan some healthy and fantastic dish that everyone love in your family.
You also can use a free online planner to plan your meal or dinner. This is one of the best tips for household management for newly married couples.
10). Make excel sheet monthly,
Finally, you should keep tracking all the monthly expenses. By this you can find out where you expend more than need.
Saving money with your family is never a difficult task if you really want to save. Small and simple steps can make a big difference. It might take some time to get used to, but at end you have a financial secure life.