Low Income Resources

Save Your Family Money Without Sacrificing Living

Saving money is a great habit to get into, but I know it can be hard. But I tell ya, these money-saving tips will help you with the process.

Do you have a tight budget to work with? If so, then we have some money saving tips for you on how to stay within your financial limits. Here are 10 ways to cut costs and save money.

The Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers (representing about 93% of the population) increased 5% over last year, making it one of our country’s highest increases since 2008.

Did you know in May 2021, more than 92 million Americans had knots in their stomachs when prices went up? Even today we are still complaining about the huge inflation that has happened in 2020 and 2021! The report from the US Department states this was among America’s best but also the worst increase we have seen since 2008.

Supply chain disruptions during COVID-19 pandemic combined with increased demand for certain goods have contributed to a notable jump in prices. Mixed with a higher than usual unemployment rate (4% at last report), this might have you and your family scrambling for ways to reduce expenses which is why it’s important that you take care of yourself first!

Cutting costs doesn’t have to be a tedious task. Do you want your family life more budget-friendly? Try these easy hacks that will keep your wallet happy and full of dough! These are easy money saving tips that can become part of your daily routine.

What if I told you there were ways for you to save money without having an issue with being broke all the time or spending hours trying to make it work? You could cut down on what’s in store by following some simple tips from me, like cutting out bottled water at home unless absolutely necessary; buying food in bulk when possible so as not waste any while saving yourself trips back and forth; canceling unused subscriptions such as cable TV packages or gym memberships (just think about how much extra space they take up), etc.

Do you want to save money? Well, there are a few things that we can do as individuals and families. For example, if your budget is tight then it might be time for us to start clipping coupons or shopping at discount stores such as Walmart or Target instead of the more expensive grocery markets in town.

Money Saving Tips

In an environment where money is tight, it’s important to take a look at your spending habits up close. When you have less disposable income each month, adopting more frugal practices and cutting back on expenses can mean there’s extra cash for emergencies or retirement savings.

Family Budget: When you’re saving your money, not only does it mean that you have more in checking and savings accounts but also an opportunity to teach valuable personal finance lessons.

One way to help your kids develop financial literacy and know-how are to make budgeting a family affair. Every month or so, sit down as a family and talk about what you did this past week that cost money (e.g., gas for the car) or made you more money (i.e., babysitting).

Talk openly with each other: discuss where every cent of the household income went last time around in order to figure out how much can be spent on groceries next meeting!

Also, have an open discussion about debit cards vs credit cards at these meetings; it’s important not only for teenagers but also young kids who may want their own card someday soon too!

You can show your kids what’s in the family bank account and talk about things coming up for this month. For example, you’ll need to pay bills soon so it would be a good idea to look at them together now!

Encourage your kids to plan out their spending and savings with you. Maybe one of your children would like to save up money for the latest gaming system or want a present for a friend’s birthday, teaching them how budgeting can help instill good lifelong habits will be helpful in shaping their financial future.

Been struggling to get a grip on your finances? Well, you don’t have to be in the dark about how much money is coming and going. There are helpful applications like Every Dollar or You Need A Budget that allows users to input their transactions from all of their different accounts (bank, credit card company, etc.) so they can better understand where exactly every dollar has been spent each month!

Negotiate services you use: This is one of those huge helpful money saving tips you can save big money on. There are plenty of ways to find a cheaper provider for your home internet, cable TV, and cell phone despite the fact that you’ve been with one company for years.

Cable bills can be notoriously high in America these days but there is no need to pay through the nose if you don’t have to! Sure it may take some time scrolling around on Google or waiting patiently at customer service desks trying to find out which companies offer good deals – but once all the hard work is done, getting rid of those monthly payments will feel like an absolute weight off your shoulders (literally). This peace of mind alone might just make up for any additional effort required.

You could get a better deal by calling your service provider and ask if they have any discounts available. They might be willing to lower the price or offer you extra incentives for staying with their company, like a free phone upgrade! You also want to explore switching providers because it’s possible that another company offers cheaper rates but still has great customer reviews.

If you are looking into getting new cable TV services, call up your current provider first–they may not even know about some of the specials being offered in other companies’ advertising campaigns now which would save you money on monthly fees right away!

Are you using your streaming subscriptions to their full potential? Or are they just expensive distractions and cost more than you should be paying? If so, then it’s worth considering whether or not cable TV is necessary. A simple internet speed test might be all the information needed to see if your family needs high-speed Internet service in order for everyone to use what they need on any given day.

You don’t realize how much data you use each month until it’s time to pay the bill. If you’re paying for unlimited data, take a look at your statement and see what kind of usage you actually have throughout the course of a single billing cycle.

It’s possible you’ll be surprised by how little data is needed for your routine needs! If you’re not using a lot of monthly data, switch to the lower-priced plan that limits the usage.

Control your grocery bill: In 2021, the average American family of four spent between $599 and $1,169 on food per month. How much do you spend and to feed how many? We spend close to $1K per month to feed 9 people. Our food cost is huge, and it can be a huge burden for many, but use these money saving tips to help.

It’s hard to know if you’re spending too much on groceries, but there are a few easy ways that will help you get an idea.

It might be time for some changes in your grocery shopping habits- and not just how many times per week! You could save as much as 10% with small tweaks such as: 

  • Buying produce when it is ripe instead of buying “specialty” items at the height of their season (August strawberries vs December oranges).
  • Waiting until Thursday or Friday after work hours to shop so more deals have been added.
  • Plan out meals ahead using recipes from blogs like this one – see what ingredients cost before deciding which dish would use up less money at the store!

Keeping a shopping list is great for when you are trying to avoid buying too many items unnecessarily and can be helpful in avoiding over-buying. To easily keep track of what we need, one could use a magnetic notepad on the fridge or voice commands through an Apple HomePod or Amazon Echo device– which may also help us create lists more quickly!

Reading the sales flyer can be a quick and easy way to save money. It’s best if you go over your grocery list before deciding what to buy, but with Flipp, it’s easier than ever! You can download their app right from Google Play or in iTunes where they have an extensive selection of stores that offer food items for sale – whether it is produce or meat.

The only downside is that many flyers are available on Monday evening after work hours, so this may not always apply as it’s most likely too late by then even though some will update daily until Sunday night.

You can save money on groceries, just by using your phone! iBotta is one of the top cash-back apps that has been making grocery shopping a breeze. Download this app and scan all of those receipts before leaving the store to get tons back in savings as you shop for household items like toiletries or even food products.

It doesn’t take long at all – it’s really easy with Ibotta either because they have great offers set up already! This way when you’re checking out, feel free to use both apps so two are better than one 😉

Meal planning can help you to eat healthier, save money and time. Meal planning is deciding what you’ll be eating for the week so that there’s always food on hand (no more last-minute fast-food runs!).

You may also find yourself saving a lot of cash because it helps avoid wasted purchases and allows maximum use of your groceries/meal items.

Avoid grocery shopping when you’re hungry or stressed. Hunger and stress can make you do things that don’t always work out in your favor, like buying lots of chocolate or gimmicky processed foods when grocery shopping on an empty stomach—which is why it’s important to plan ahead if this happens more often than not!

Plan to go the store while well-fed and relaxed so you won’t have any urges for unhealthy items from either a lack of food energy (hunger) or heightened emotions/stress levels. This way, you’ll be able to stick with your list instead of overspending on snacks that aren’t necessary at home.

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Do you have 4-5 items in your pantry that are about to expire? Challenge yourself and the members of your family to see how many things from those remaining goods can be consumed before shopping. This exercise will encourage careful consideration of what food is bought (thus saving money), as well as make sure there’s something left for later! Check out our Pantry Stocking Post.

In a study published in the Nutrition Journal, it was found that Americans spend an average of $1,300 on wasted food each year.

There are many ways to waste money and resources while grocery shopping; for example, you may be throwing out spoiled leftovers or soggy lettuce after not using them when they were supposed to be consumed. Adopting better habits is one way to cut back on this problem by making a list of everything you throw away without using it so as not to repeat these mistakes again later!

Save on energy: Trimming your utility bills is another way to boost your budget and save money.

A few ways you can do this are by installing new plumbing fixtures or upgrading your HVAC system, which may cost a lot upfront but there are also plenty of low-cost or free options that will lower the energy use in our home such as replacing light bulbs with LED lights, turning off appliances when not currently using them (especially if they weren’t turned on for long), and unplugging electronics after each use so they don’t continue drawing power even while idle.

Here are some helpful energy-saving habits you can teach your family:

  • Teaching kids to conserve water is one way of reducing the budget. Put little stickers near the sinks and show your children how they can turn off both the hot and cold water instead of letting it run.
  • Turning Off Lights and Devices: Another way to lower costs is by turning off things when they’re not in use. For example, turn off lights and televisions when no one’s using or watching them.
  • Adjusting the Thermostat. Teach your children the value of putting on a sweater when it’s cold out and wearing shorts and T-shirts when it’s warm. To save more money on bills, you can install a “smart thermostat” that learns from your family’s habits or even program the thermostat to automatically turn down for a few hours at night when everyone is asleep.

Shop only using deals, discounts, and sales: If you don’t use any of the other money saving tips, this one is one to be sure to take advantage of.

It pays to wait around. Whether you need new clothes for your kids or a coffee maker, it’s always worth shopping around and waiting for the perfect deal!

You may have to do some research on your own, but it’s worth the effort. Apps like Flipp and Rakuten can help you save money by tracking what you buy or finding deals at nearby stores in real-time.

Online shopping is the easiest way to get what you need without having to go out and find it. Simply type in your desired product, such as air fryers or shampoos for example, into Google’s search bar then select one of the retailers that pop up from their “shopping feature” just below where you typed in your query. From there simply compare prices on products across different stores until finding a store with competitive pricing options they also offer free shipping!

It’s even easier when shopping online. Type “air fryer” into Google and see which companies pop up at first glance – but be sure to scroll down because some might not show right away due to how many results come back each time someone types something into Google.

While it may not seem like much, these free browser extensions can be the perfect life-hack for those on a budget. Honey is an extension that relies on customer’s browsing patterns to find better deals online. Capital One Shopping works similarly by informing customers if there are any coupons or promotions available at their favorite store and Rakuten will show you different prices based on your location so no more international shipping fees!

Free browser extensions such as Honey, Capital One Shopping, and Rakuten help users save money in all aspects of their lives – from shopping habits to travel plans. These tools have saved me time searching for discounts myself with features like honey which lets shoppers know when they’re about to purchase something full price; while others alert them of sales and coupons that might not be advertised on the site.

Use reusable products as much as possible: Buying products you can reuse repeatedly isn’t just good for your family’s budget—it also has a positive impact on the environment.

For example, buying Stasher bags will help cut back or eliminate single-use zip-close plastic bag usage. The bags cost more than what it would take to buy a box of plastic baggies up front but once they are purchased you only need one purchase per lifetime! Other reusable products that may have an environmental benefit include:

  • Stainless steel bottles
  • plastic water bottles
  • diva cup
  • sanitary cloths
  • cloth diapers
  • cloth napkins

…and many other reusable products. In some cases, you don’t even have to purchase reusable goods. For example, empty jam and salsa jars make convenient leftover storage or drinking glasses; similarly, old coffee mugs can be used as vases for flowers.

In sum: In many instances of using reused materials in your life instead of buying new ones isn’t necessary because they’re already around the house waiting to be recycled!

Control your subscriptions: They can be addicting because it’s a set and forget expense. But they add up! If you’re not careful, the number of subscription services your household has can quickly become a serious issue.

The average American spends an estimated $300 to maintain six or more subscriptions per year at around $50 each, which adds up quickly and carries financial consequences for households who are already on a tight budget.

If one subscribes to two different streaming services for movies alone that would cost them about $400 in annual fees without including other expenses like new clothes from their monthly clothing box club or another service they may subscribe to!

We all know how hard it can be to keep up with our subscriptions, especially in the age of Netflix and Amazon Prime. It’s time for a family meeting! Are you using that Spotify subscription enough to justify paying $10 per month when you could just use the free version (with ads)? When is your next library trip? You might not need those monthly book club boxes because hey, the library is free.

Shop thrift stores: Buying clothes at secondhand stores is a great way to save money, and they’re also an environmentally friendly option. Secondhand clothing has the same quality as new merchandise but it costs a lot less because these items are already used. You can find awesome finds like designer labels for pennies on the dollar!

Buying your clothes from thrift shops or vintage malls helps you save both time and resources by shopping for pre-owned goods that still have plenty of life left in them.

There are many items that it makes sense to buy secondhand. You can find books, kitchen gear, toys, and furniture for less if you purchase used.

Online shopping has become a huge part of the modern consumer culture. If you’re looking for something specific and don’t want to spend hours digging through local thrift stores or consignment shops, online is your best bet!

For example, eBay may have what you’re looking for in pretty much anything from clothing to antiques while Amazon can be a safe bet when it comes to finding used books (especially if they’re on sale!), movies & TV series’ as well as music albums.

You might wonder how you can make some quick cash. You could earn extra money by selling the items your family doesn’t need anymore, like clothes that are outgrown or old furniture.

Free stuff: One way to get what you need and save money at the same time is by joining a “free” group or buy-nothing community. You can post your needs on their pages, where other members might be able to help out with something they don’t want anymore for free!

Another great way of getting things without spending any cash is participating in swaps. Here’s how it works: if there are not enough people who would like one thing but plenty that may have another item up for trade, then everyone will just swap items instead of buying them new from stores.

This saves tons more since almost everything we use today has been used before anyways – why waste all those resources?

If you’ve got kids, chances are good that the families in your life have children as well. Why not take advantage of this opportunity to save money together? Clothes and things tend to accumulate quickly among busy households with small ones who aren’t all on the same size spectrum yet (think toddler clothes getting handed down two sizes). A clothing swap is a perfect way for parents across different socioeconomic backgrounds or age groups can get some items they need without spending any extra cash!

If you’ve got kids, there’s likely no shortage of other families raising little ones near by-and most probably want better budgeting habits too. It might be time for everyone involved to start doing their saving efforts collaboratively; after all, it doesn’t cost anything to share!

It is time to get creative! The rules of a swap are simple; nothing is for sale and everyone has to bring something. They can take home what they need, or find the perfect thing at your next stop – it’s all in how you play!

Host an annual Swap-O-Rama is the event for swapping your old, unwanted items with new ones. You can focus on kids’ needs only such as back-to-school supplies and toys or you could open it up even more by letting parents swap their adult clothes, kitchen necessities, home decor amongst each other too!

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Free stuff is everywhere. Whether you’re looking for someone to take something off your hands or if you need what they have, the internet has a wealth of options just waiting to be tapped into with the click of a button!

The Nextdoor website offers an array of services and resources that will allow homeowners in their local area to find everything from garage sales and free items on offer- all without leaving home.

With Facebook Marketplace it’s easy enough to list any item that needs selling and get bids quickly from people interested buyers who are nearby.

Deals on gifts: One of the best ways to save money on holiday gifts is by shopping after the holidays. While this might seem like a counter-intuitive suggestion, it will actually help you stay within your budget and give more thoughtful presents for all occasions throughout the year long.

Shopping immediately after Christmas can be one of the most rewarding experiences in retail: not only does it reward shoppers with lower prices than originally planned for their friends or family members but also gives them time to find rare items that would have been impossible during last-minute runaround before December 25th!

In order to avoid starting the holiday season in a scramble, it may make sense for you to start planning and budgeting early. In doing so, keep an eye out throughout the year for what’s on your gift list that will be available at its lowest price or when they’re being sold during sales events such as Black Friday.

Mother’s day and Father’s day, and Christmas are great times to shop deals, especially the day after!

Celebrations: Christmas is an expensive time of year to celebrate, but it doesn’t have to be. Here are some creative ways you can save money on Christmas gifts and other holiday-related expenses:

  • Plan ahead by setting a budget before heading out for your shopping trip
  • Make your own decorations
  • Host the party at home instead of going all out
  • “Do It Yourself” projects give off that personal touch
  • Spend less than $50 (combined) when buying stocking stuffers

It’s always a good idea to have red tablecloths on hand for your Fourth of July party, Halloween gathering, and family Christmas dinner. You’ll never be in the dark with white dishes either! Get creative, what can be used during most of your celebrations that are reusable?

When you’re holding a party, there are many ways to do it with little expense. You can provide the main course but ask guests to bring other dishes like appetizers or desserts. Or if people would prefer bringing their own drinks over what’s on offer at your event, go for that option too!

Holding an inexpensive party is easy when you know how by making use of potluck dining and asking guests not just about food supplies but also drink options they have available- so everyone gets something yummy out of the deal!

If you’re hosting a kid’s birthday party, save money by visiting the dollar store for fun and affordable gift bags full of small but cherished toys. Prepare simple snacks like chips or popcorn instead of an expensive meal. Hold your party at home to avoid high-priced entertainment centers!

Libraries are free: You might be set in your ways and unwilling to try new things, but if you let your kids explore the library, they’ll have a wonderful time.

They can check out books without having to spend money or even leave their house! Libraries offer free programming such as storytime after school hours and crafting classes that will keep them entertained all week long.

Help bring an end to boredom by letting them enjoy what’s right down the street from home: The local library!

Downsize your home: A Harvard study found that many people are spending more than 50% of their income on housing. For example, the recommended limit is 30%, but in reality, it’s not uncommon to see households putting over half (55%) of their gross monthly salary towards rent or mortgage payments every single month.

The Joint Center for Housing Studies at Harvard University reports a 2020 report revealing that 55% of household incomes go toward housing expenses each and every month – exceeding limits set by experts.

Downsizing your home is a common financial strategy for families looking to reduce their housing bills. Whether you are moving from an oversized house or just want more space, downsizing will save money and can be rewarding if done with the right intentions in mind!

You might be surprised by how little you need to live comfortably.

One of the factors that should influence your decision on what size house or apartment would suit you is whether any members of your family have their own bedrooms and if these are being used for anything other than sleeping in.

When it comes down to it, most people don’t use more than one bedroom per person anyway – so think carefully before committing yourself to a mortgage with four rooms when all but two may go unused!

Anything from considering the number of children who share vs those with private spaces (or rather, space) needs; neighborhood parks compared against large backyards; etcetera can make this passage far less tedious without repeating verbatim much at all.

I have 3 kids in a room, they have a triple bunk bed, so look into your options.

Another way to down-size is thinking about your transportation methods. Imagine the relief of not having to worry about gas, parking costs, insurance, and maintenance costs!

If you live within walking distance from work or school; but also have a public transit system in place that easily allows for getting around without needing a car – then this may just be perfect for you. You can save on all these expenses by making one change: downsizing into living with only 1 vehicle (or no vehicles at all)!

Free entertainment: The best things in life are free, and it can be surprising how many low-cost or free entertainment options and activities are available near you.

In a world where we’re constantly being urged to buy more stuff, the idea of spending less is revolutionary. Whether your interests lie outdoors with family picnics on nature trails for fun (and exercise) or indoors like going bowling together as a group, consider these five budget-friendly ways to enjoy time together without breaking the bank.

Every summer, many municipalities offer free outdoor movie screenings. You can check out recent popular films without paying for theater tickets or a DVD rental. Just bring some chairs and blankets to watch under the stars with your favorite snacks in hand!

Staycations are better: Stay within 4 hours of your home and create great memories with your kids. It can be tempting to book a fancy family vacation. But where should you go?

There are plenty of options, from renting an Airbnb in North Carolina or going on safari in South Africa. However, there is also the option for staycations- vacations that happen right at home!

Spend some time exploring your hometown and all it has to offer; maybe even get out of town by visiting somewhere nearby but not too far away like Niagara Falls. You’ll still have fun with less hassle and travel expenses!

Staying home for a staycation can be relaxing, rewarding, and fun. If you’re looking to save money on your next vacation then this may just be the way!

Stopping in at home with family or friends during summer break is always an enjoyable time filled with laughter, long talks over coffee, and leisurely afternoons of board games under the sun. So what do you need for that perfect stay-in getaway?

You can enjoy a different kind of camping in your backyard! You don’t even need to take up valuable real estate, you just set up the tent and go. If it’s not what you’re looking for at home, book an affordable campsite outside your city or state park this weekend for some nature-filled fun.

Swap homes with a family near you. You get to live in someone else’s home for a few days while they stay in yours. If the swap is local, then there are no airfare or travel expenses and it’s easy to list your own house on HomeExchange so that others looking for an alternative place to live can find you!

There are many ways to save money, but the easiest method is by taking it one step at a time. Start off with simple baby steps such as only buying in bulk and cutting back on your technology usage when you’re not using them. When these become commonplace for you then move onto bigger goals like eating out less or bringing lunch from home more often instead of going shopping every day during work hours.

If becoming frugal sounds daunting because there’s so much that needs changing all at once, take heart! You can do this gradually – starting small will make everything easier to accomplish than trying to overhaul an entire lifestyle overnight.

Your dreams can be fulfilled with the money you save. Think about how much easier your life will become when you’ve paid off debt, have savings account for emergencies and future purchases, or are able to give back by donating time and/or financial resources to charitable organizations in need.

The more cash on hand that we have access to means our lives is made exponentially smoother because of it! Now imagine what would happen if instead of just frittering away all this extra dough every month? You could use some spare change as a down payment towards owning your own home one day; pay off any outstanding debts such as credit cards (and interest) so they don’t stick around like an itch forevermore; start saving up for college tuition in the child’s name so they don’t have to take out loans for education, or even start a retirement fund that will help them support themselves long after you’re gone.

A big part of staying on budget is knowing how to spend your money wisely and intentionally, but there are some strategies we can use as well!

What’s next? Read More Tips to Save Money This Year

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