Saving Money with an Emerging Family

family savings

Monthly bills, groceries, children’s clothing, auto repairs, and diapers all add up. Luckily there are ways to save as a new family.

Growing families will want to first make a budget as the first step to learning to save. However, even with a functioning budget, a growing family may want to take additional steps to save money each month. By practicing smart consuming, an emerging family can save a few more dollars on everyday items. By saving a few extra dollars here and there, a family can reach financial stability earlier, even amidst the fiscal pressures of a developing family.

Food Costs

food costs

Groceries are expensive and unfortunately, they seem to only be getting more expensive. Economic and agricultural issues are attributed to this consistent rise in food costs. Notwithstanding, groceries and food costs are one of the main priorities in a family’s monthly budget. To help a family in determining what food expenses should be expected from month to month, the United States Department of Agriculture has published a monthly report on the average food costs for a family who eats balanced and nutritional meals.

In this monthly report, a family of 4 that is moderate in their spending will spend $889.90 a month on groceries. The thriftiest of families will spend about $564.00 a month on groceries. With this in mind, it’s easy to see the importance of not overspending on food costs.

Ways to Save on Food Costs
  • Use coupons
  • Buy in bulk
  • Shop sales and discounts
  • Make a meal plan for each week
  • Plan your grocery trips
  • Avoid buying junk food

Using a small Check City Payday Loan can also be one way to make sure you have enough for groceries. Therefore, the first way to save a few extra dollars every month is to create sufficient meal plans and stick to them when purchasing groceries.

Utility Bills

utility bills

After food costs, the next most expensive monthly bills are utilities. You can save on your utility bill by decreasing the amount of water, heat, AC, or electricity you use. By decreasing this expenditure, a family can save potentially hundreds of dollars every month.

Ways to Save on Utility Bills
  • Use less AC in summer
  • Use less heat in the winter
  • Time your showers
  • Take showers instead of baths
  • Open windows instead of turning on lights

To save even more money and be more cost effective in utility spending, consider hiring an energy company professional. They’ll perform an energy audit on your home. An energy audit will find ways for your home specifically to save money on energy and optimize your energy usage.

Auto Repairs

car repair

Auto repairs are typically an expense that young families are hesitant to pay due to the fact that it will severely impact their budget. Other needs, such as paying the electric bill or buying diapers for the baby, take precedence over fixing the car. This is how necessary repairs to a vehicle get put off.

Instead of delaying vehicle repairs consider using a payday loan from Check City to help pay for the repair costs. Payday loans from Check City are a small and safe loan that can give your family just the boost they need to pay for car repairs when an auto accident tips the budget.

Using Networks

community

Networking with friends and extended family members is another way to help mitigate the costs of a young family. Family and friends can help each other by setting up a support system. This support system can then help families all save money! You can trade services like babysitting, lawn care, and carpooling. That way you’ll all have a little less to pay for each month.

Smart Shopping

family plans

Lastly, a young family can save more money annually by putting extra thought into all of their major purchases. Sometimes your family is going to need to make larger purchases, like a personal home computer or laptop. But with a little extra research you can compare prices, brands, quality, and sales to make sure the family is getting the most for their dollar.



Plan out all your expenses, including major expenses and potential unexpected expenses that could surprise you in the future. Along with planning all your expenses, use your connections to create a solid network of support and resources you can lean on. By doing all this a young family can save money each month and reach financial stability sooner.

Comments are closed.