There are some people that are just naturally frugal and know how to spot a bargain and not splash the cash. Then there are others that spend their money as soon as they get it, no looking for coupons allowed. Which camp do you think you fall under at the moment? There are so many things that you can do to save and cut your expenses, that if you are in the latter camp of being a bit of a spender, there will be things that you can do about it so that you can save the money that you need. But if you’re not a natural at saving, it can feel a little overwhelming to start it all; what do you do to start with? What is the best approach?
So here is a list of things that you can do to make sure that you are able to save more money on your budget each month. There are just a few simple changes that can make a massive difference. When you’re a mom there isn’t time for anything too complicated, right? A word of caution, though; don’t try to do it all at once. Try two or three of the tips to focus on and then go from there, otherwise, you could get confused and that overwhelm will come back.
Reduce Meat Intake
If you are looking for a frugal tip that can also do a little for the environment, then it would be to eat less meat. Having a meat-free Monday, for instance, can make an impact on your budget if you’re used to having meat every day of the week. It can be considerably cheaper to eat a vegetarian meal so it is worth throwing some into your meal plan a couple of times a week.
Have a Goal in Mind
Putting money aside and being frugal is all well and good. But really, it is all about knowing what you are doing it for. Have you looked at a housing loan calculator recently and seen that you in order to get a bigger house you will need to pay a certain amount more each month, for instance? Perhaps you have a family reunion coming up or a big vacation that you want to take the kids on. Whatever it is, having a goal is going to make saving easier and make it much more likely to happen as there is a focus for the extra money that you will have.
Make Food From Scratch
There are so many foods that we buy for the sake of convenience, but because they are known as convenience foods the prices of them really are hiked up. So in order to save on your grocery bill, which is where a lot of household money goes, you should make these kinds of thing yourself. Pasta sauces, marinara, salad dressings, and pancakes can all be made without mixes or made fresh from home. It will save a lot, especially if you buy a lot of convenience foods at the moment.
Change Light Bulbs
Winter is the time of year when the energy bills in our home can really soar as we use up so much more electricity and gas. So one of the ways to reduce the cost of your energy bills is to change the light bulbs that you have in the home. LED light bulbs are the best out there on the market at the moment, and they reduce energy consumption, but don’t reduce the quality of the light that you get.
Ditch the Hotel
When it comes to family travel, staying in a hotel can be nice as you really don’t have to lift a finger as everything is taken care of. But, if you have a specific goal in mind, then swapping the hotel for something like Airbnb can be a good idea as the savings can be pretty huge. Plus, it can make it much cheaper to be there and eat when you have facilities to cook for yourself.
Skip Store Bought Drinks
I think this is something that we are all guilty of but kind of forget about. But think about your day or week and then think about how many times you bought something like a coffee from the store, or even a smoothie or bottle of water. How many was it in total? These things really add up, and if you are looking to save it is so much cheaper to bring your own from home. A $3 coffee bought four days a week will add up to $624 overall in a year. That is a pretty big difference when added up all over the year.
Use Cashback Sites
Using sites that offer you cashback is one of the best things that you can do and it requires very little effort to do so. All you need to do is register with a company or website that offers cash back (and some banks will enroll you automatically). Then when you spend your money on your card with their providers, you can get a certain percentage of your money back through them. You still buy what you want to buy, but can do so for a little less.
Shopping online can be great for things like cashback sites. But it can also be a good way to save money. First of all, there is much less of an impulse buying thing when you buy something from an online store. You’re not there holding it in your hand so there is a lot less pressure. Plus, you can get some exclusive discount codes online that you can’t get anywhere else. You may have to sign up to a newsletter but it will mean a better deal than buying the same thing in a physical store. You also are more likely to shop around when you shop online as you can compare prices and shipping costs so that you can find the best thing for you.