Keep Your Money: The Best Ways to Save Money on Your Family Life
Money is an extension of yourself. No matter what type of person you are, money extends this and increases all parts of you. Saving money, retention of your money, and keep your monetary assets are all parts of retaining these extensions of yourself and your family. Let's explore some ways in which your money can be kept and maintained better.
1. Always Use a Shopping List before You Leave Home (and Never Shop while Hungry)
It is pretty well known that you should never shop while you're hungry. You end up with a lot of snack foods without any real food by which you can form and prepare an entire meal.
However, more than that, you need a shopping list and you need to compile it during the week at home. Interesting Tip? On food that you eat regularly, get two of everything for the week. That way, when you run out of something, you can put that item on the list and you can still use the second one, in the meantime. Continue this cycle by putting an item on the list as soon as you're down to your last one of that item.
2. Schedule Simply
Avoid planning to run around on dozens of little tiny errands all around town. This uses up gas and gas money, as well as not being efficient, timewise. Instead, group your schedule into simple segments of town for different days of the week so that those errands can be run all at once in one particular area at a time.
3. Plan Your Lunches and Dinners
It's easy to plan on "grabbing lunch" in the middle of your day and then "picking up dinner" on your way home. Prepared food is extremely expensive, though. Instead, plan your meals a week in advance and make sure they are always the type which you can make ahead of time and store in the refrigerator for the whole week.
4. Extra Food and Snacks Must Always be on Hand (Use Big Box Stores to Save Money)
Use "Boxed.com" and "Sam's Club" and other big box stores to get giant discounts and save money on bulk snacks for you and your kids. That way, little bits of food are always on hand when they are needed and your kids won't be underfoot when you're putting together a meal in the evening.
Be sure to try out a variety of snacks with your kids ahead of time before ordering in bulk. Only pick a variety of snacks made from everything they love. When they have chosen all of their options, calculate how much of a discount you will get by buying in bulk and simply place your order online.
5. Home Expenses and Rental/Mortgage Costs
The biggest two living costs are your home and your vehicle. Make sure that money is not being sucked away every month because you are renting an expensive (and spacious apartment) if you could get a cheaper house rental with more room to move around.
Also, make sure that your mortgage payments don't need to be refinanced so that you are not paying more per month that could be going into savings and investing for the future. Our recommendation for investing? Phil Town's Rule #1 for Investing.
6. Is Your Car Too Expensive Overall?
Being your second biggest expense overall, your car should be cheap and affordable. Make sure that you don't need to simply sell your nicer car and stick with something cheaper and more economical, as well as being reliable, of course. Many people pay too much for either their home or their car (and sometimes both), not thinking about how much this will take from their monthly income. Be practical and get a nice, cheap, and reliable family sedan.
7. Food Variety for Your Family (on a Budget)
Just because you're preparing shopping lists and planning meals ahead of time does NOT mean that you all have to eat bland spaghetti and rice all of the time. Both restaurants and grocery stores have weekly sales events which can enormously reduce the cost of that week's food budget.
Get the weekly ad from your neighborhood supermarket and go through it with a pen, circling and writing down all of the things you want from the ad (and the cost that it's supposed to be so that you don't accidentally get something else!). The supermarket ads change weekly and this will provide a variety of food for your family.
8. Farmer's Markets and Olio Exchange
Farmer's Markets are a great way to get a lot of fresh produce at little or no cost. Come expecting to pay for the food, but sometimes, overflow or high yield for that month can create a surplus that people just don't want to waste are giving away.
In addition to that, Olio is a food exchange website that connects people's surplus food with other people who would like to use it. It's not a "help the homeless" program or anything like that. Rather, it is an open food exchange. People who have extra don't want to throw the food away and so they post it on Olio and others who want it can just come to pick it up! Easy peasy.
9. Buy Meat in Bulk
Local meat processing plants always have a storefront from which you can buy fresh dog bones and packaged organ meat for your dog and steaks and bulk ground beef for your family. This is a great way to stimulate your local economy while also buying really fresh meat and saving money all at the same time!
Money saving is important when buying meat because it is the most expensive grocery item (but provides necessary animal proteins and digested minerals that your family needs). Stock up on carefully planned bulk meat orders by putting your freshly wrapped meat in your freezer chest.
Money saving gives your family extra breathing room, as well as more space and more time to bond and fellowship like you want to. Happy Saving and Blessed Investing!