Frugal Hacks for Stay at Home Parents: How to Save Money in a Single-Income Household

| June 30, 2012 | 0 Comments

Frugal Running  a home is not easy, especially when money is tight. When both parents are working, you can still juggle things quite a bit and afford the occasional luxury without eating into your savings. However, when only one parent is working, things can become expensive. So, does that mean you scrimp and scrounge for every little thing? Happily, no.

All you need to do is stick to some basic frugal living tips and then, watch the savings add up, even on a single-income budget:

Buy in Bulk

Buying in bulk can work wonders for your budget and your family. If you know that your kids will eat just that one brand of oatmeal, stock up on it when you find it on sale. Do the same of other items with relatively longer shelf lives, such as household cleaners, soaps, shampoos and dry groceries. The only flip side to buying in bulk is that you will need adequate storage space for all those big bottles and jars. So, either dedicate a closet to bulk supplies or create some space using open shelving.

Reuse, Recycle and Reduce

The 3 basic principles of green living can easily be adapted to everyone’s lives and help us save money easily. Look around your home and ask yourself:

What can you reuse? Old t-shirts for mop cloths. Newspaper for toddler’s scribbling and painting sessions.

What can you recycle? Turn empty cans into pencil holders for the kids’ desks. Gifts that aren’t a good fit can be recycled for someone else who’d appreciate them.

What can you reduce? Do you really need to buy everything? See No#3 for more on this.

Go the DIY way

The do-it-yourself way is not as scary as it is often thought of. In fact, once you get into the DIY mode, you’ll realize that you really do enjoy it. However, choose what you’d like to do yourself. Make sure you start with activities that you’d naturally enjoy and then, go from there. For instance, if you like to cook, maybe making things from scratch wouldn’t seem like such a chore. Or if you’re the creative sorts, maybe making gifts for others will come easily.

Have Fun on a Budget

Does living on a budget mean you stop having fun? No! There are plenty of ways to have fun on a shoestring budget. Some include:

  • Eating out at favorite restaurants on BOGO nights or during Kids Eat Free time slots.
  • Visiting zoos, museums, nature parks on special days when entry maybe reduced or free.
  • Saving on travel costs by booking in advance.
  • Carrying your own snacks and water when visiting amusement parks.

There are plenty of ways to save money in a single income household, just start by picking one today. When you’re a stay-at-home parent, you can get real joy from seeing the savings add up while giving your family a healthy, happy and wholesome home too.

Photocredit Ode to the Ordinary

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Category: Money, Parenting

About the Author ()

Prerna Malik is a freelance writer and work-at-home mom who believes in green living, frugal fun and positive parenting. You can find out more about her at The Mom Writes.

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