It doesn’t really matter if your large family consists of just parents, a truck-load of kids and a couple of dogs or if it also consists of a cousin thrice removed, a couple of grand kids and your siblings, saving money is actually very possible to achieve. Big families are usually chaotic and fun to be in, but they usually have their shortcomings and large expenses is the biggest one when it comes to a big family, the trick is how to save when you have a big family.
A large family, especially the ones with members from different generations and even an animal or two, have all sorts of growing expenses. With that in mind, it becomes very needful to work within a budget and save up on daily expenses.
Check out these useful tips which may help you save when you are in a big family.
- Stop the takeouts and cook more at home
Sometimes the easy option is just to order or take the entire family to dinner. After a long day, cooking would be the last thing on your mind and considering the number of mouths to feed may just be discouraging. But that is a small price to pay for the amount of money you can save up just by cooking at home. What you end up spending on a single dinner meal can get you a week’s worth of groceries. The cooking doesn’t have to be done by one person. The family is large so help can easily be enlisted from lots of family members, check out these cheap healthy meals for large families
- Shopping Smart
Shopping strategically, especially when it comes to groceries can be an effective way to save up that extra cash. Big families can be big eaters and that means the cost of groceries may rise continually. One way to shop smart is to buy items in bulk especially those items frequently used, that way, you can get them cheaper.
Also, the use of coupons or buy one get one free offers can’t be overlooked. Be on the lookout for coupons from magazines, weekly newsletters and store websites, and apps. Coupons are always handy in getting discounts and this can help you save some cash.
Ultimately, shopping smart entails buying precisely what you want and not impulsive buys. Creating a grocery list can help you curb on impulsive spending, or do the entire shop online, that way you won’t be tempted to buy more than you need.
Try to shop around for the best deals, if you have a choice of supermarkets nearby, check out which ones are offering the best deal and if it means doing half the shopping in one store and half in another it may be worth it for the savings you will make.
- Save up on electricity and water
With several people in the house, there is bound to be more usage of electricity and water. Despite that fact, you can save up on the electricity and water charges by simply turning off lights, taps, showers and electronic appliances when not in use. This an easy one that everybody can simply follow and easily do. Simply turning off the light bulbs and taps when not in use and having strict TV times, you can save up a considerable amount of money.
Having a big family is always crazy and extremely lovely, but at the same time, it can also lead to large expenses which can be financially strenuous. There are a variety of ways to save up even when the family is big. Try implementing these strategies and see just how much cash you can save up.