Parenting

5 Money-Saving Hacks For Budget-Conscious Parents

Ileana Paules-Bronet
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Have Weekly Budget Check-Ins

Every week, sit down (with your partner or by yourself) and go over your weekly finances. Talk about monthly bills, saving goals, weekly updates, and more. If your kids are old enough to spend money, include them in this meeting! By going over your finances every week, you won't be blindsided by anything and you'll feel more in control of your money.

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Stay Out Of Tempting Stores

We all have a soft spot for certain stores/products, so if you know there's a certain store that tempts you, stay away. Only buy the things you actually need — we promise you'll survive without a stockpile of candles (is that just me?).

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Give Everyone In The Family An Allowance

Giving allowances to kids is a great way to teach them to save their money — so why not do the same thing for yourself? If your family struggles to stay within your budget, set a very clear allowance for every family member each month. Once you're out of money, you're done!

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Keep Items In Your Online Shopping Cart Overnight

We're all susceptible to impulse buying, especially when it just takes a click of a button. When you're shopping online, leave items in your cart overnight instead of checking out immediately — this will force you to sleep on your purchases and decide if you really need them the next day.

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Plan Your Meals Ahead Of Time

By planning your meals in advance, you won't be tempted to order out. If you already know what you're going to eat each day, you'll be able to focus on cooking whatever's on the schedule instead of just getting dinner deliver. Not only will this be helpful for your wallet, chances are you'll eat healthier, too!

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