Anything you can do to save money is sure to be welcome when you’re a parent, and luckily, there are numerous ways you can slash your family’s spending without killing the fun. Here are some of them:
There’s nothing like sitting down and taking a good honest look at your family’s incomings and outgoings to motivate you to slash your spending. Once you see how much you're spending on coffees and pointless apps every month, you’ll commit to change and drawing up a budget is the easiest way to ensure you stick to your guns and spend more within your means. Doing it in a way that allows for a certain amount of money to spend on treats can also make it fun, as you try to squeeze in stuff under budget!
Cut the Cable
If you’re a family who enjoys spending time together around the TV watching your favorite shows, this might seem unthinkable, but thanks to the increase in streaming services like Netflix HBO Go and Amazon Prime, you can still enjoy your TV time together without spending such a huge sum of money every month!
Increase Energy Efficiency
Whether you opt for solar panel installation, a more energy-efficient air conditioning system or replacing your old, broken down appliances with energy star rated ones, anything you can do to increase the efficiency of your home is good for your bank balance. Why? Because the more efficient your home is, the lower your power bills will be. You’ll also be helping to fight for a better future for your children by doing your part against climate change.
There are few things which cannot be acquired used and only a few things (underwear, false teeth) that it would probably not be a good idea to buy used, which is why, whether your kid has his heart set on a new games console or a really cool designer bag, you should not think twice about hitting Facebook marketplace, Craigslist or Thrift Stores to get it for them. They’ll hardly know the difference, and even if they do, they probably won’t care as long as they have that thing they want!
This goes for home essentials like appliances and furniture too - unless you’re buying new to increase your energy efficiency, used stuff, as long as it has been tested and proven safe, is the smart choice.
Change Your Cell Plan
Most members of your family would probably die if you cut off their cell phones, so you probably shouldn’t do that, but you should definitely call up your provider and ask for a better deal. It’s surprising, but if you’re persistent, and perhaps threaten to move to another carrier, you can get basically the same plan for a lot less. Just be polite and persistent, and it will almost certainly work for you.
Hope this helps you to slash away without being reduced to complete boredom!