Home » How to Save Money as a Young Family 

How to Save Money as a Young Family 

If there is one thing that is certain, it is this – kids are expensive. When you have a child on the way or already have a young family then life can be tough, but it doesn’t have to bankrupt your household.

Thousands of families every year seek the help of debt experts in order to gain advice on how to manage their money better. From discovering the advantages of Debt Arrangement Schemes to Trust Deeds and more, there are plenty of options to help you get back on track. 

However, sometimes its just small changes and savings that can make the biggest difference. So if you need some inspiration for ways to save money on things like groceries, clothing, travel and entertainment, then here are some helpful tips.

How to Save Money on Groceries

When you’re busy juggling the family budget and shopping for food, sometimes it can be hard to know where to start. Savings can really add up if you make small changes that run over time rather than all at once. So here are some top tips:

Concentrate on your weekly shop and only buy what you need. If you’re not sure what you’re going to eat, then just plan a simple meal ahead of time. 

Don’t fall for the ‘bargain offers’ that might be at their best just before they expire. This is often just a marketing ploy and you’re only going to end up wasting the food. 

If you really feel like you need something, but don’t know what it is then write a list before you go shopping. Of course if your little ones are old enough then let them help with that as well, it is good to get them involved with budgeting from an early age.

Don’t shop on an empty stomach, hungry children are always more expensive!

Why not try shopping at a cash and carry or even pop into your local discount supermarket. They usually have the same stuff but way cheaper prices.

Try buying in bulk to get a bigger discount. This is especially good for things like toilet paper and household cleaning items. If you have room to store it then it is a wise decision and one that will really save you some money.

How to Save Money on Clothes

Buying kids clothes seems to be one of the biggest budget busters. The truth is that it doesn’t have to be expensive, you just need to know which shops are good for bargains. Here are some top tips to save money when buying your children’s clothes:

Don’t buy clothes that are on the small side because they will grow out of them all sooner rather than later. Stock up on basics like socks, t-shirts and underwear from places like Tesco where there are usually good offers. If you need to get more outfit options then why not check out charity shops and car boot sales for second hand items that are in good condition. 

Sales time is a great opportunity to pick up some bargains, but of course it will only be worth your while if the clothes go with what you already have at home. Also, be on the lookout for discounts and voucher codes that you can use online to save even more money on your shopping bills. 

How to Save Money on Entertainment

Every family needs some downtime to just relax and have fun, but there are ways to do that without breaking the bank. Savings can really add up when you plan ahead and make the most of things like cashback deals and special offers.

Many families go out to a fast food restaurant at least once a week, but if you cook at home more often then you could save a lot. Savings can be as much as 30 percent on your weekly food budget, so it’s definitely worth planning ahead and cooking meals in bulk to take advantage of those great savings. 

If you still want the fun and excitement of going out with the kids, but don’t want to spend a fortune then why not go for a walk in the park. Your savings will be begin to shoot up as you cut down your weekly entertainment budget, so it’s definitely worth taking them to somewhere that’s free. 

The best way to save money as a young family is by being proactive. Check out our tips on how to cut costs when it comes to groceries, clothing and entertainment. And don’t forget, even small savings can add up over time – so start implementing these changes today!

Follow: