Tip Tuesday

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Parenting brings lots of hugs and kisses and also a dent to your bank account. While every penny spent is worth it times ten, some money saving tips can be helpful.

1. Use coupons effectively. Write out your grocery list before you look at coupons so you don’t end up buying something just because you have a coupon. We love Thrifty and Chic Mom site and Coupon Mom for great coupons of the week.
2. Drink water. Soda and specialty drinks can really add up. Make an effort to drink tap water during the day. The savings really add up when you compare the cost to what you would spend on soda and specialty drinks. Plus there is the added benefit of how good it is for your health!
3. Make your own snacks. Yes, the packaging of individual snacks is fun and convenient, but it can drain your bank account. Try making your own snacks or buying snacks in bulk and dividing them up in snack-size baggies. To save money and the environment, divide snacks into reusable snack containers.
4. Double your recipes when you cook. When you shop, purchase twice the ingredients for one or two recipes. You will pay less per pound (especially with meat) when you purchase a larger amount for doubling your recipe. Freeze the extra servings for when you are too busy to cook a full meal. Not only will this save you money at the grocery store, it will save you money since you won’t have to order out when you are too busy to cook.
5. Check out your local consignment shops. Clean out your closet and bring the clothes you aren’t wearing to a local consignment shop. Not only can you make money off reselling your clothes, you can also save money by shopping for you and your children at a consignment shop. You might be surprised at what you will find – even designer items!

What money saving tips do you have?

10 Responses to “Tip Tuesday”

  1. Sarah B May 25, 2010 at 9:50 am #

    I never realized how much money my family spends on soda. Water is so much better for me anyway!

  2. Rachel C May 25, 2010 at 9:56 am #

    these are all tips that we follow. Also, we don’t spend any money on toys! The kids have MORE than enough toys which they have received as gifts. I pack away bigger toys (easel, trains, trampoline, etc) and rotate them out every few months so that when they do play with them they seem like they’re brand new again! I think when all the toys are piled everywhere, the kids don’t even see what they have and then they are “bored!!”

  3. Tomi May 25, 2010 at 11:18 am #

    Great money-saving tips! May I also add swap parties. Friends and I get together every once and a while and everyone brings 3 items and leaves with 3 items. Great way to get rid of gently used toys and clothes and small appliances.

  4. Kim May 25, 2010 at 11:30 am #

    I think consignment stores is a great tip – it is not only cost efficient but it helps the environment by reusing! 🙂

  5. Tarah May 25, 2010 at 1:50 pm #

    We follow those rules too – the Mom to Mom sales are great places to find gently used (if at all) baby items!

  6. admin May 25, 2010 at 3:55 pm #

    WOW! Love everyone’s comments & great ideas. Thanks so much!

  7. Carol May 26, 2010 at 6:58 am #

    I love all these ideas, and I am entering to win a stroller at Bookroom Reviews.

  8. admin May 26, 2010 at 6:59 am #

    Welcome Carol! Great to have you with us.

  9. April June 6, 2010 at 8:18 am #

    All of these are great suggestions about how to save money. It’s important to write your grocery list with your local stores weekly sale paper. This way you can save the most money possible. The most we’ve ever saved doing this is $60 on groceries.

  10. admin June 7, 2010 at 12:47 pm #

    Thanks April! That’s a great tip!