Author Archives: Families.com

Hanging Laundry in Winter

Just because it is winter, doesn’t mean that you have to use your clothes dryer. Hanging laundry saves money by reducing your energy costs, extending the life of your dryer, and extending the life of your clothing (all that lint caught in the trap comes from the fibers that are wearing away from your clothing in the dryer–scary). Invest in a Drying Rack A fold-up drying rack can hold quite a few items of clothing, and will work well for items that have to be laid flat as well as those that need to stay flat to dry. Make sure … Continue reading →

Four Ways to Downsize the Gimmies

Don’t let the “Gimmies” take over your home. Use the following advise to downsize the constant requests for stuff from your kids. Limit Media Exposure The number of commercial ads that our kids are exposed to on a daily basis is staggering. All of those ads have just one purpose, to sell us stuff, our kids included. The more ads our children are exposed to, the more things they will believe that they have to have. These ads are very clever at manipulating our children into never being satisfied and always wanting more. Limiting the media exposure our children receive … Continue reading →

Innovative Ways to Save on Toys

Children can outgrow their toys very quickly. Don’t spend money on new toys unnecessarily. Here are some innovative ways that you can provide your children with creative, educational and time-occupying toys on a budget. Check Toys Out from a Toy Library Toy libraries are popping up all over the country. These libraries lend out top-rated toys, puzzles and games, as well as host play events for families. Toy libraries save parents from spending a lot of money on toys while making sure that kids don’t get bored. To locate a toy library near you, visit the Toy Library Association online. … Continue reading →

Why Credit Card Spending Doesn’t Feel Real

It is true. Spending cash is painful to us, while using a credit card doesn’t quite feel real. Oh sure, logically we know that we are spending the money on that new television, iPad or boots, but there is a well-documented disconnect in our brains that makes it much easier to spend when we do it with a credit card. Think I might be wrong? The average household credit card debt through the end of 2012 was $15,422. The average cash debt? That is $0, of course. With cash, you don’t want spend what you don’t have. So why does … Continue reading →

Could Your Clutter Be Putting You at Risk?

Don’t let your clutter control your life or your finances. Taking some time to de-clutter your home can not only be more freeing, but it could possible reduce your risk of going into debt. Here is why. Clutter Can Be Overwhelming When clutter gets out of control, you can quickly become overwhelmed. Being overwhelmed means that you will have less focus and energy to live your life. Studies have shown that too much clutter may even contribute to depression. With less focus and energy for work and life, plus possible “retail therapy” to lift the spirits, debt could quickly get … Continue reading →

6 Products that Pay You Back

With a tiny investment, you can reap great savings rewards. Get a hold of the following products, frugally of course, and start saving now. Netflix or Hulu For just $8 a month, you can have access to hit television shows, movies, specials, sports, news and more. Compare that to $75-$300 a month for cable. Plus, with streaming, you can get your entertainment anywhere. You may already have everything you need to play streaming videos on your television. The Wii, Playstation 3, Xbox 360 and most Blu-ray players already offer a streaming feature. If you don’t currently own one of those … Continue reading →

Are You Shopping at the Right Grocery Store? Four Steps to Save 20 Percent or More

Choosing the right grocery store can save you 20 percent or more on groceries before using coupons. If you were buying a big ticket item, such as a television or a new washer and dryer, you would do some research and shop around, right? Since food tends to be the biggest general family expense after housing, it just makes sense to do your research before you step foot in your grocery store. Just spending $225 a week on your groceries, adds up to almost $12,000 a year!Imagine shaving close to $2,400 off of that total food bill, doing nothing other … Continue reading →

Five Ways to Afford Video Games

Are your kids asking for the $70 Skylanders game or a new video gaming device that costs more than your first car did? Video games can get expensive, and because new and hot games are constantly emerging, and the old technology can become obsolete in a year or two, many parents feel like they are spending quite a bit of their budgets keeping their kids up to speed with video games. To reduce the cost of video games, try the following options. Consider an Older System The newer the gaming system or computer, the more it will cost. Consider purchasing … Continue reading →

Don’t Eliminate the Entertainment Budget

Often, when times are economically tight, as they are now for most of us, the entertainment or fun budget is the first thing to go. Just because there is less money available, doesn’t mean that there has to be less fun. Do Put Something in the Budget for Entertainment Designate some amount for family fun, even if it is only limited to $20 a month or even less. Budgeting for entertainment sends the message that family fun is important, even when it isn’t expensive. If you create a zero-based family fun budget you may wind up indulging anyway, and blowing … Continue reading →

What Not to Do in Front of Your Kids When It Comes to Money

Children learn what they see. It is a true statement for any kind of behavior including money management. Children’s attitudes toward money and whether or not they will be able to make it work for them as adults has much to do with their parents. If you are married, think about any differences that there might be between you and your spouse, regarding any issues having to do with money. Is one of you more a saver than a spender? Do you approach investing or debt the same way? Chances are that you may each have different ideas about handling … Continue reading →