7 Helpful Tips to Save Money with a Family

Families have a lot of worries and expenses. Monthly bills can take their toll of a paycheck as can school supplies, children’s clothing, and diapers. Not to mention the food costs that a family of just three can run up.

Because of this, a small and growing family will need to budget their finances wisely. While budgeting is extremely important, why not try a few extra techniques to help save more money? Here are a few tips to save money with a family.

Meal Planning

One of the first tips to save money with a family every month (or maybe every week depending on the size and appetite of your family) is to create sufficient meal plans and stick to them when purchasing groceries. Food costs have seen a significant increase over the past decade and look to continue their upward trend. By planning and preparing for every meal before heading to the store, you can ensure to only buy the food items needed. Consider planning these meals around the sales that are occurring at the local grocery store so you can save even more money! Not only will this save some extra cash, but it is a lot healthier.


Networking with other families in your similar situation can also help to mitigate the costs of a young family. Family friends can help each other by setting up a support system that will save money by trading for services such as babysitting, lawn care, carpooling to and from school, etc.

Consider doing weekly dinners where everyone pitches in. This will make the work load is a lot easier and it won’t be near as expensive!

Shop for Generics

If you shop for generics, as opposed to named brands, you may save up to $200-300 per month. However, not all generics are as good as the brand. If you shop for generics, make sure you are actually saving money overall and not just “thinking” you are saving money! There are great generic brands that are nearly identical to the name brand product! Shopping generics is one of the best tips to save money with a family.


Yes, couponing really does work and can save you a lot of money overtime. But remember, just because it’s on sale doesn’t mean you need it. In today’s world, there are several way’s to be a savvy couponer:

Get an App: There are great coupon apps that you can download on your mobile devices. Not only do they work great, but they are very organized and all electronic! No more cutting out each individual coupon, just simply download an app. Couponing with an app is a great solution.

Coupon Software: In today’s world, you no longer have to wait for the Sunday paper. Many websites, now allow you to print your coupons. With these sites, you can stay current on the latest offerings. All you need to use these sites are a computer and a printer!

Warehouse Membership

Grocery stores or other retailers offer movie ticket gift cards for a percentage of the face value. For instance, you might get $50.00 in movie tickets for $38.00. If you spread the gift card over matinees, you can attend more movies.

Kids Free

For a fun family night out, you might consider family restaurants who offer free kids meals. Using the kids free trick can save on a family outing, while having a great bonding experience. Don’t be afraid to ask if they have any deals on kids.


Lastly, a young family can save more money annually by putting extra thought into all of their major purchases. Some expensive items, like a personal home computer or laptop, will be needed by the family for numerous reasons but this does not mean the family should consign themselves to the associated high costs. A little research into the quality and various prices of such needed but expensive items will ensure the family is getting the most for their dollar.

If properly done, consider buying used items! A lot of times, you can find something nearly new for half the price. If you buy used save the difference, you will really save money overtime.

We hope you have enjoyed these tips to save money with a family! Thank you for reading.

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