DIY Advice For Parents Trying To Save Money
Raising kids can be expensive!
When you factor in clothing, food, bedroom furniture, toys, doctor's and dentist's visits, and the myriad of other costs -- both expected and unexpected -- you realize how important it is to plan for these things ahead of time.
This 5-Minute Finance Guide To Raising Kids provides some of the best advice for parents who are trying to save money by summarizing a number of things you can do to offset the cost of raising a family.
Each individual item addresses the fact that:
- Kids don't stop eating.
- Kids don't stop growing.
- You'll need to find a way to make health care affordable.
Their advice for parents is some of the best in my opinion when it comes to saving money and factoring in the cost to raise a child. For example, 5 of my favorite things they mention are:
- Brown bag your child's lunches.
- Eat at home and avoid the fast food restaurants.
- Buy snacks in bulk. Then split them up into plastic bags.
- Shop for kids clothes at discount stores, thrift stores, and consignment shops.
- Pay your child care costs before you pay taxes on the income. (Some employers allow you to set aside money for child care before taxes.)
