4 Simple Ways To Save Your Family Money
As parents, we know that having a family isn’t exactly cheap! There’s always something your kids need, and the monthly bills just seem to keep going up. With Christmas around the corner, some expenses begin to feel pretty unavoidable. Perhaps it’s on your New Year’s resolution list to save a bit of money next year? Well why not start thinking about that right now with these five simple hacks.
1 . Plan your groceries
When you plan out your meals and groceries, it’s much easier to make savings. If you’ve already planned out what you’ll have for breakfast, lunch, and dinner- you’ll only buy exactly what you need. Doing so can help you to eat healthier and save money too. Failing to plan can often mean running out during the week and grabbing something quick (and unhealthy) on the way home! It can also be helpful to have an approximate grocery budget so that you don’t go overboard. While we’re on the topic of groceries- is your supermarket offering you the best prices? Many of us have our favourite stores, but there are plenty of budget supermarkets out there. By making a switch you could end up with some top quality fresh produce at half the price of a more high-end store.
2. Switch to a green energy provider
If you haven’t reviewed your energy provider in a while- it could be time soon. As the pressure to protect our environment grows, greener energy providers are consistently offering cheaper packages. According to Moneysupermarket, families could save over £200 annually by making a switch. With this in mind, it’s worth checking out a few different quotes to see what’s available in your area.
3. Choose your next vehicle wisely
For most families buying a running a car is both a necessary and a significant expense. When you’re upgrading your vehicle, be mindful of your choices if you want to ease the pressure on your finances. Before you visit your local Vauxhall dealer, research cars with the slowest depreciation rate. Doing so will ensure that you don’t incur such a significant loss if you buy new. Get a few approximate insurance quotes on different models, as of course, some cars will be more expensive to insure. To budget your expenses better, you might like to consider a finance option to spread the payments over a longer period. Such options can make buying a car more manageable for most families.
4. Go second-hand or vintage
There are always those items that you need to purchase- but why do they have to be brand new? Buying in vintage or second-hand stores can save you money and help your family to go greener. From homeware to clothes and toys; why not try a different kind of shopping and see what kind of savings you can make!
If you’re looking to save money at Christmas, homemade presents can be a real great idea. Perhaps you’re something of a cook and could rustle up a few things for a homemade hamper? Often, those items we’ve made ourselves feel that bit more thoughtful and special. Once you get into good habits with money you’ll notice the difference to your savings.
This is a collaborative post.