5 Ways To Save Money As A Parent
25 Nov 2019
Aah, parenthood. You really haven’t got a clue what it’s like to feel as though you’re spending money left, right and center until you’ve had kids, and they’re always coming to you in need of something new. Those shoes that you bought for them about two weeks ago? Yeah, they’re way too small now. That school trip that they want to go on? Best put that on the credit card, huh? However, you can save money as a parent, and it’s not as hard as you think! We’ve noted down some ideas here.
#1: Buy second hand
OK, so buying second hand is considered by some kids to be totally ‘uncool’, but since vintage fashion has had a revival (and kids are becoming more and more aware of the impact of fast fashion upon the environment) pre-loved clothing is making its way back into people’s lives. And not only does this help to save the planet, but it helps to save your bank account too, so get down to the thrift store and pick up some great items ASAP.
#2: Get your DIY on
As a parent looking to save some cash, there is nothing quite like a little bit of DIY. After all, why should you splash the cash on something if you could do it yourself for a cheaper price (or nothing)? Whether you need to paint the walls in your home or your child wants an extremely specific costume for a fancy dress party, there are many ways that you can channel your creativity and save yourself some cash in the process.
#3: Shop around
Another vital thing that you need to do if you don’t want to be spending money like it’s going out of fashion is shopping around. Sure, you may not have a lot of time to be going from store to store looking for the best deal, but the internet being around means that you don’t have to do that. Whether you’re looking for an appliance repair technician or a Thanksgiving outfit, there are huge financial benefits to shopping around.
#4: Use coupons
Aah, coupons. Us parents love you, because we’re getting the stuff that we want and need without spending unnecessary cash. Whether you’re collecting coupons like your life depends on it or you use them every now and then, they do save you a significant amount on groceries, tech items and clothing alike. Before you ever buy anything, look for online discount codes and coupons from leaflets and magazines.
#5: Learn how to say ‘no’
When you see those big puppy dog eyes looking up at you, it’s pretty hard to say ‘no’ to your kids. Sure, you want to spend $10 on snacks at the movie theater? Go ahead. Whilst there is nothing wrong with treating your children to the stuff that they want every once in a while, it’s not good news for your bank account if you never tell them that they can’t have these things. This will teach them important lessons, and it helps your finances, too.