Imagine how your life could change if you were to discover extra money in your family’s monthly budget. What would you do with it? Could you pay down debt? Start, or add to, a savings fund for your children’s college educations? Get a pet?
Let’s discuss 4 smart and viable ways you can save substantially on everyday family essentials, freeing up money you could better allocate in other ways.
1. Stop Using Disposable Items
Have you ever stopped to calculate how much your family is spending on disposable items? If your family is like most, you’re spending a bundle on these conveniences.
If you have two children wearing diapers, you might be spending anywhere from $100 to $200 a month or perhaps even more just for their diapers and baby wipes. Cloth diapering can save you hundreds or possibly even thousands of dollars in the long term. Your total savings depends on how many children you have and how long they’re in diapers before successfully potty training.
Cleaning wipes, paper towels, paper napkins, tissues and other paper items can all drive your grocery costs up. Going paperless in the kitchen can create substantial savings.
Here are a few suggestions for a variety of disposable items you can easily replace:
A significant percentage of today’s workforce is now working at jobs that didn’t exist twenty years ago. Technological advances have provided the greatest drivers prompting the changes in the nature of work. Considering that technology is always hastening to advance, there’s a high probability that the nature of work will also continue to change. This means that many of our kids will need to figure out how to train for jobs that don’t even exist yet.
There is nothing like hearing your child yell the dreaded F-word for the first time.
Close your eyes and imagine your child all grown up, savoring a free weekend. What do you see?
There is something very special about receiving flowers. For generations, they have been seen as a traditional gift to make people feel better when they’re ill, to say sorry or simply as a sign of love and affection.