There are ways to save money that can be interesting for everyone. Saving money can sometimes seem like such a daunting task. However, there are ways to make it more fun for yourself and the family. Below are some fun ways to save money that can benefit the whole family.
8 Fun Ways to Save Money
Trying to save money can seem hard at first. Once you finally make the decision to start saving, you’ll be happier for doing so. You might even be able to finally meet some of those financial goals you were striving for. However, if you’re having trouble getting everyone on board with saving, try some of these fun ways to save money.
1) Get Creative – Make your own household cleaning supplies
If you want to get more creative in saving your money, try making your own household cleaning supplies. There are many ways to clean your home without having to break the bank on supplies. You would be surprised to know how many of your common household products can serve as cleaning supplies.
Some household supplies necessary for cleaning include:
- baking soda
- hydrogen peroxide
- rubbing alcohol
That’s just to name a few. Get yourself a spray bottle and a cleansing cloth or brush, depending on the type of cleaning, and you have yourself some quality cleaning supplies. You can even teach your children to get creative, with your supervision, of course.
2) Save Your Loose Change
Saving your loose change can be one of the fun ways to save money.
You can even look around the house for it:
- under the bed,
- in the couch,
- in random drawers…
…it’s likely everywhere!
Make sure to keep the loose change you get back from store purchases. Some people tend to get rid of their loose pennies, however, saving them will benefit your financial future, even if just a little bit at a time. Remember, those pennies eventually add up. You may have one today but that one can quickly turn into a dollar which can turn into so much more.
You can make a game out of it or maybe even a friendly competition so your family gets involved. Help your kids in saving their loose change by investing in a piggy bank for them. Teach them how to count it up and see who has the most at the end of each month.
Now, this important tip will help you save more in the long run.
Just use cash for your purchases.
Instead of pulling out that card, try leaving it home for once. Take out only the cash you know will be necessary to use and nothing more. This can help you stick to your budget and stop overspending.
You can also teach your children about the importance of using cash so they see you using it! By using a card, they don’t really understand where the money is coming from so they may start to abuse it as they get older. By teaching them that money is a tool now, you can set them up for a better financial future.
4) Set a Meal Plan
Setting a meal plan can also be a fun way to save money. You can plan out your meals each week in advance. Make it fun for the kids by getting them involved.
Ask questions like:
- What is your favorite meal?
- Is there a new food we can try as a family?
- Do you have a taste for something specific?
- What foods are available within the budget this week?
Get a conversation started with them about food and a meal budget. You can make mealtime about your family!
Get creative and make visuals. Use a calendar and set up your meals for the week for everyone to see.
5) Set Financial Goals and Involve a Friend/Family Member
If you are really trying to get serious about your finances, set some financial goals to strive for. Get the whole family involved. Maybe even include some friends!
You can get started by:
- setting at least 2-3 goals to reach financially
- choosing a date that you would like to have the goals accomplished by
- getting friends/family involved so they can keep you focused on your goals
By using your friends/family in your goal-setting process, they can help keep you on track. Also, they can set goals of their own! That way, both parties can keep each other on track and you can share your financial journey with someone.
Help your children set their own financial goals as well, no matter what the age or what the goal. It helps keep a healthy conversation going about money. You can help teach them to stay determined to reach their goals and also keep them accountable.
6) Don’t Spend Money Unnecessarily – Try the 30-Day Rule
Remember, if you don’t need it, don’t spend your money on it.
…It is easy to say you aren’t going to spend your money until you go shopping and end up coming back home with loads of impulse buys. It’s a waste and it can hinder you from saving effectively.
If you would really like to save some money, try the 30-day rule.
- If you like something you see, don’t buy it for 30 days.
- Instead, keep it in mind and deposit the amount for it into your savings.
- If by the end of the 30 days you still want it, then you can spend the funds.
- If you decide against it, the money can remain safely in your savings account.
Sounds like a good plan right? It’s not easy, but it can be incredibly effective if you actually stick to it.
Another incentive for placing the money into your savings account is that there may be a penalty for removing the money. The federal reserve only allows up to 6 withdrawals from your savings account each month. So if you have to take from your savings, consider this before removing any funds.
Consider some fun free activities instead of paying a boatload to have some family fun.
Different options for your family include:
- going to the park
- visit the museum
- get involved in community sports
- play some board games
That’s just to name a few.
Another great idea is to create different games around the house. Try googling fun new ways to get your children involved in activities, specifically some activities where you can teach them about money matters. Board games like Monopoly and Life are great free and fun activities that you can play with the family and learn as you go.
8) Make Homemade Gifts
Another one of the fun ways to save money is by making homemade gifts.
The best part about this is you can give gifts that are more sentimental versus buying any gift from the store. You can make gift baskets catered to a specific person or make homemade cards. If you make your own jams, now is the perfect time to start giving them out as gifts.
With Christmas approaching so quickly, this is something the whole family can get involved in.
Be Creative and Save Today!!
There are so many fun ways to save money if you just get creative.
If you know that you have goals to reach, get everybody involved so you can learn to save as a family. As a bonus, teaching your children to save while they’re young can help secure a brighter financial future for them.
Have you thought of any fun ways to save money recently?
AUTHOR LaTia Longuemire
My name is LaTia Longuemire. I enjoy writing, singing, and cooking in my spare time. My passion is helping others. At this stage in my lifetime, I'm primarily focused on my children. They are everything that keeps my world spinning.