Did you know nearly half of Americans made New Year’s resolutions about saving money? If you are a parent of any age child, you know how the cost of raising a family just keeps rising. Faster than our salaries.
Kids sure do cost, but there are many ways to save your budget by being frugal. Follow a few of these ideas and you will be surprised how it can save you. Consider putting the savings in a jar all year long and use it for your next year’s Christmas budget.
1. Subscribe and Save
You probably already know many online sites give you an option to subscribe and save.
With Amazon this is how it works:
Save 15% when you receive 5 or more products in one month to one address with auto-deliveries.
Choose how often it’s delivered
From once a month to once every 6 months.
Skip or cancel any time
They send you a reminder before each delivery.
After you receive your subscription, cancel it. I like to search “Subscribe and Save” once a day on the Slickdeal forums to find the best deals. It’s easy to find more than five deals a month to hit the 15% discount rate.
2. Don’t Wait Until Your Stock is gone
If you have to do a last-minute, in-store diaper run, you pay likely full price. However, if you keep your eye out on deals before you run out, you can save up to 35% or more.
These cents add up quickly. Plan ahead. Stock up when on sale.
3. Keep a Gift Closet
Whenever I see a toy or baby item go for 50-75% off I buy it and stick it in my gift closet. I actually do that for adults too. When the kids are unexpectedly invited to a party, or if I need a hostess gift, I have one on hand for next to nothing. And saves me time and a trip to the store.
4. Kids Eat Free
I love it when we go out, and we end up only spending money for two of us when there are 4. Kids’ meals add up, and if you can get their meal for free that’s a big saving. Choose Village Inn. They offer free kids meals with the purchase of an adult meal. Can’t beat that bargain.
5. Take Advantage of Free Kid Vacations
Vacations are a ton of fun, bring tons of memories but are so expensive. Look for free kid deals, such as free flights for kids through Frontier Airlines or free cruises for kids with paid adult tickets. You can save over $1,000 on your next cruise just by choosing a ship that lets kids sail free. Remember that savings go in the jar for Christmas.
6. Do a Babysitting Co-op
The going rate for babysitters is So expensive, especially if you have more than one child. Set up a Babysitting Co-Op. Assign someone to keep track of hours, and its a swap one hour per 1 child. Even better make sure your child’s best friend’s family is part of the Co-Op and make it a playdate or fun night. It won’t feel at all like you are “babysitting” at all. And consider the extra $ you saved, it’s worth a second date.
7. Sibling Discount
If you do want to stick with extracurricular activities, choose one activity per season and ask for a sibling discount. My two kids take piano with a sibling discount, saving me $45 per month. It’s just too much of a savings to pass up. And the kids get to take turns choosing the activity. Everyone wins.
8. Buy Discounted Gift Cards
Find discounted cards through verified resellers or stock up during holiday promotions. Usually around Valentine’s Day, Mother’s Day, Father’s Day and Christmas, you can find gift card deals. Use these to save on gifts, eating out or your clothing budget. Often its buy a gift card for $50 and get a bonus gift card of $10. Free money, can’t beat that.