In the current economic climate, being frugal is a necessity for many parents. However, children know little about how money should be used. Like any other parent, it is imperative that you be open with your children about your financial situation. This does not mean that they need to miss out on most of everything they want. However, you do need to set boundaries. Read on for some great tips on how to do so.
If you have small kids, toys are a necessity. To lower your kids’ desire for toys, limit their exposure to television. Try to excite them about other things – healthy activities, educational tools & family time. Children trust you as the parent. Take this to your advantage to avoid extra costs. Or, if you simply can’t afford a brand or product, find a related product that they would also enjoy, and do your best to convince them that this toy is satisfactory. On the other hand, do your best to afford what they do want. Scour online auctions sites and community forums for deals, coupons, deals on used items, gift exchanges, etc. You may find that you can surprise them after all.
Some kids love fast foods restaurants. This can be frustrating if you do not have the cash. If you feel the need to treat your kids, look out for coupons in your area to be sure of good deals. Mostly, you will find that restaurants will have buy one meal and get another free deals, so that you can feed two kids for the cost of one. Moreover, you may get some restaurants that offer free meals for kids if the parent buys a meal. To cut costs in other ways, have everyone order water rather than soda. The cost of soda in a restaurant is very expensive. Also try to pick up food instead of dining in or delivering…you’ll save on tips and fees.
3. Be Resourceful
The internet is a resource that needs to be used properly if you really want to make a difference. Online searches can reveal a lot of discounts for you and your kids. Moreover, online dealers are usually cheaper than dealing with other shops. There are amazing offers online for kids’ clothing and other items that are normally out of this world. Most of the online dealers will also ship the goods to you for free (though you need to make sure this is actually free, and that there aren’t hidden fees to make the deal seem sweeter than it really is). Make sure you take advantage of the internet to get the best deals to satisfy your kid’s desires.
Caitlin Jones likes to write, cook and visit Dentalinsurance.net.