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July 21st, 2010Back To School, Money Saving TipsThe new school year is rapidly approaching, and shopping for school supplies is one of the largest expenses that you will face when preparing for the new school year. Here are some tips to help you stretch your budget for back to school supplies.
Buy in Bulk
The easiest way to save money is to buy in bulk when possible. There are certain things that your child will always need in order to go back to school regardless of his or her current year of schooling. Some of the things that you can purchase in bulk include pencils, notebooks, folders, printer paper, staples, paper clips, etc. These are items that will never go bad, so why not purchase bulk quantities of these items and just store them until next year? Keep in mind that this might not make sense for some products that have a shorter shelf life. It wouldn’t be a good idea to buy pens and batteries for calculators in bulk to be stored for over a year or two. Over time, these products will no longer be usable.Delay Your Shopping
There always is a chance that the teacher will change the requirements for students once classes begin. Therefore, by delaying shopping for supplies you can avoid purchasing items that students will not need or cannot use in school. The back to school sales in stores are usually ongoing through the first month of school so that you don’t have to worry about missing out on these sales if you don’t shop early. In fact, often, once school is in session, many stores have extra inventory they need to clear out and may offer an even deeper discount than at the beginning of the school year.Skip the Decorations
Many school supplies are decorated with designs for kids with popular fictional characters or different fun colors. If you will look closely, these decorated items usually cost more than the non-decorative versions of the same quality. Also, the non-decorative items are more likely to come in bulk as described above. While it can be hard to say no, unless your child has their heart set on the decorative items, try to go the cheaper route.Use Coupons
You can cut the cost of discounted school supplies even more by combining sales with coupons. A Staples coupon code combined with a sale can result in substantial savings. Stock up when you can get items cheaply so you won’t have to pay full price at a later time.Go for Needs Versus Wants
When shopping for these items, try to keep in mind what a child needs for school compared to what they want. While we all want to give our children everything they want, sometimes our bank accounts just don’t allow it. Try to give each student a budget for their supplies before shopping as a way to reduce the amount spent on “wants” instead of needs. The only hard part will be saying no to your kids when they find something over their budget that they “absolutely have to have.”With some careful planning, it is not difficult to save money while shopping for back to school items. Simply follow these tips, and your child will be well equipped for school on a small budget.
Tags: back to school, budget, family, frugal, saving money -
July 19th, 2010Food ExpensesIn this economy, saving more money is more important than ever important for families trying to make ends meet. Reducing the amount your family spends on food is a simple way to put more cash back in your pocket. Here are some frugal food tips for families to save money on groceries.
Finding the Sales at the Store
Shaving money off the grocery bill at the store can be a bit of a challenge but it is possible. When purchasing fresh items, look for items that the grocery store has marked down in price with “manufacturers’ discounts.” These are typically items that are due to approach their expiration date in the near future, and the grocer is looking to get rid of these items before they go bad. You will find that these items are usually about ten to fifteen percent cheaper than similar items and, as long as you know you can use them soon, you won’t be able to tell the difference.Another way to save is by looking for sales at the various stores. Although it may be a bit of a hassle, it may be worth it to shop multiple stores when attempting to buy groceries in order to get the best deals. Reading the ads in the paper or online can help you find out which stores have discounts on various items. You may to hop from store to store, but you can definitely save money.
You can also use membership clubs to purchase items in bulk. Bulk pricing is great for those items that you know you are going to use regularly, as long as they are non-perishable and you have a place to store them.
Storing Food Properly to Save Money
If you are like most families, a large amount of your food budget goes toward food that ends up going to waste because it was not stored properly. If you have food that you know is not going to be eaten and can possibly go bad if not possibly preserved, figure out some way to either use it or store it instead of letting it sit in the refrigerator.For previously prepared meals, get some Tupperware and store them in the freezer. For dry ingredients like sugar and flour, get an airtight container and make sure they stay closed tightly. For fresh fruit and vegetables, figure out a way to incorporate them into your meals as soon as possible. You can also invest in freshness bags that are designed especially to keep fruits and vegetables fresh as long as possible. These bags can be a bit pricey up front, but will save you money in the long run.
These are just a few methods to help you reduce your grocery bill and make sure that the food that is already in your home is not going to waste. Saving money on groceries can be a bit time-consuming at first, but you will notice the difference in your bank account at the end of the month!
Tags: budget, food, groceries -
