When your son or daughter was born, it was undoubtedly one of the most memorable and exciting experiences of your life. As parents can attest, nothing compares to holding your newborn for the first time – a feeling that one can only fully relate to by experiencing it firsthand.
Similarly, becoming a new parent can be a stressful time as well. You’re learning to care for your child and to budget for all of the additional expenses that you previously did not have.
Fortunately, there are a number of ways to help young mothers and fathers adjust for the additional costs. Read on for our 30 favorite money-saving tips for new parents:
A number of free shopping apps can help you to manage a budget as well as save money on essential and non-essential items. Start using these seven apps to save money:
1) Search and shop for a particular item. Some apps may be able to help you shop for something you’re looking for. One of them, “The Hunt,” claims to have more than three million friends to help you shop, and explains that by posting a photo of an item or outfit, other people will tell you where to find it, help style it, or where to get it for less money. If you feel so inclined, you can help others do the same.
Tried-and-true ways for teaching kids about money range from paying your children an allowance, to buying them a piggy bank, to opening a savings account with them. If you have used any or all of those methods or are currently using them, by all means continue doing so — they’re excellent strategies.
However, not all children are automatically drawn to the subject of money, so you might find that your child is not as interested as you had hoped. For such children, a parent often needs to be a bit more creative and to come up with fun ideas for helping them to understand money.
If that is the case for your child, consider these fun ideas for teaching kids about money:
We all probably have a “guilty pleasure” that we like to indulge in from time to time. Maybe it’s mint chocolate chip ice cream, or a trip to a favorite clothing store for a new outfit. It’s important as well as fun to spoil ourselves every now and again, but what if we found ways for saving money while doing an activity we already love?
Take our quiz below about what you love to splurge on – and then get some great tips on how to save money while doing so.
Sometimes problems pop up that don’t have clear solutions. Maybe you need to peel a large amount of garlic, but don’t have the 30 minutes it will take. Or maybe you need to clear up your car’s hazy headlights, but can’t afford the expensive cleaner.
When these issues arise, are you able to use your resources to find a solution? Take our creative problem-solving quiz to find out how resourceful you are: