Money Saving Hacks for Parents

November 1, 2018 by Lily Wright

Are you looking for ways to save money? Namu has three simple suggestions that can help you find more room in your budget.

Utilize Your Public Library

Public libraries provide way more for your family than just books to borrow. Aside from thousands of children’s books to take home, most public libraries also have extensive DVD collections to browse. Most public libraries also offer a range of free activities for children, including storytime, arts and crafts, and free events and shows. Many libraries will also lend out passes for free or discounted admission to museums and other institutions that cater to children, so it’s good to check this out before spending your own money.  The list doesn’t end there – different libraries lend out other odd items like board games, Halloween costumes, toys, and even home improvement tools. Before you go out and buy these disposable items for the house, check the library to see if you borrow them for free.

Cook Meals at Home

The average household spends roughly $3,008 per year on dining out, according to a report conducted by the Bureau of Labor Statistics.  For many families, especially those living in major cities, that number may be much higher. It’s no surprise that eating out takes a huge toll on the family budget, and is a totally avoidable expense with a little planning and effort.  Parents can save big bucks each year by scaling back significantly on dining out. Instead of ordering pizza on a Friday night, families can cheaply buy the ingredients to make it at home. Not only will you save money, but the experience doubles as quality family time – and a good learning experience for the kids.

Order Groceries & Household Supplies Online

If you’re the kind of shopper who goes to the grocery store for a few items and comes home with several bags, shopping online might be a great money-saving hack. Many grocery stores offer customers the option to shop online and pick up their orders at the store.  Depending on your location, some grocery stores may even deliver. Shopping online can help you stick to your list and your grocery budget without the temptation to fill the cart on impulse. Fewer trips to the store can also help you save on gas money, and allow you the extra time to get stuff done at home. Time is money.

 

Get Namu today to help with your finances!