Note: This post is written by Gabriel Fishbein

Having a family is one of the most fulfilling accomplishments; it’s a whole new chapter of life. Whether you have one child or more, you probably know that as rewarding as being a parent is, it can also be tough sometimes.

Saving for holidays, a new house, or even a car can be a challenge when you’re no longer just thinking about yourself. That’s where some money-saving advice could help you to reach your financial goals, so you can enjoy your next family trip to the Bahamas, or tucking your kids into their new bed.

Here are five money-saving habits every family needs to adopt.

1. Cut Down on Junk Food and Processed Food

People usually have the assumption that to cut down on your food bill you need to buy less food. This isn’t really the case. Instead of cutting down on everything, simply learn to say no.

Instead of buying a packet of cookies and a bottle of soda, stick to fruit and veg. By cutting out processed foods that have no nutrients, you’ll notice how your grocery bill decreases.

Cut down, or eliminate fast food and takeouts altogether and opt for cooking at home instead. Just think that every weekly takeout that costs around $20, could add up to around $100 by the end of the month.

2. Spend Less on Clothes and Shoes

If you have growing children, then you know how tricky it can be when you’re trying to buy them clothes that fit and they won’t grow out of too quickly.

One of the best ways to get them everything they need is to make a list for autumn/winter and again in spring/summer. Make a note of everything they need for the season, such as a winter coat and boots.

By getting them everything season by season, you will avoid shopping constantly week to week and spending excessive amounts on clothes your child may never wear.

3. Cut Down on Toys and Make Memories Instead

Next time you’re in a store with your kids and they try and guilt trip you into buying toys, say no. Instead of accumulating useless things that they’ll get bored of after a few days, plan experiences or family bonding time instead, which is free, or could cost significantly less than the latest video game.

Take your kids to the park for a picnic or a game of football, as opposed to indulging them with the latest toy or gadget that they’ve seen advertised on TV.

4. Reuse as a Household

One way your kids will learn the value of money is by understanding that throwaway culture is not good for your wallet or the environment.  So instead of buying new clothes, keep a few good-quality pieces so that you can pass them down to your next child.

This will save you money in the long term and the same rule applies to toys and games. Reuse them by passing them down, rather than hoarding toys and constantly buying new ones.

When it comes to household items, you’ll be surprised at how much you can save by using reusable tea clothes and dust clothes, rather than buying kitchen paper and wipes every week.

If you’re thinking of redecorating or want to add a few things to your house, then as an alternative to buying more pieces of furniture, have a look at vintage and antique stores. You’ll be able to find treasures for bargain prices.

5. Teach Your Kids to Decrease Their Carbon Footprint

Show your kids the importance of turning off light switches and appliances that they’re not using, and they should know not to leave electronics on charge.

After your whole family becomes energy smart, you’ll not only have taught your kids a valuable life lesson but you’ll also notice your electric, water and gas bill decrease.


With a few simple household changes, you’ll see the difference in your savings account and your kids will eventually appreciate the fun memories, tasty home cooked meals and their pre-loved and quirky furniture.

By making a few little changes you could be on your way to a more financially stable future as a family.

– About the Writer –

Gabriel Fishbein is the lead content marketer at GiftCardio. He graduated with two degrees in Marketing and Information Systems from the Robert H. Smith School of Business at University of Maryland. He is persuasive, logical, and deliberate but not lackadaisical when making decisions.

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