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Family Finances 101

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Easy Ways to Save Money


How to trim your family's budget and save on gift giving, family travel, kids' clothing, activities, and more.

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Gift Giving

When my oldest three daughters were 6, 4, and 2, it seemed like there were birthday parties to attend every weekend. The girls, of course, were thrilled to be part of the social scene, but all those presents were sabotaging our budget. To save money, I began stocking up on children's books that were on sale. When an invitation arrived, I'd "shop" through my stash. As the mother of seven, this tactic saved me tons over time! And birthday gifts weren't the only area in which I cut costs. I scoured secondhand stores for kids' clothes and skipped the gymnastics classes in favor of free story hour at the library.

Once you get into the swing of things, you'll be amazed by how much you can painlessly trim from your budget.


Gift Giving

  • Toys go on sale every January, so stock up after Christmas and keep items on a designated gift shelf. I found $25 Dora and Diego two-adventure deluxe activity sets for $6. I log the toys in a notebook so I know what I have "in stock."

  • Savvy shoppers hit the stores when items are going out of season. At the end of July, you'll find 50 percent reductions on beach balls, pails and shovels, and assorted sandbox gear. Load up at summer's end for next year's warm-weather birthdays.

  • Buy half-price Christmas wrap in generic solids like blue, gold, red, and green, and use it year-round. No one will be the wiser. And instead of shelling out $3 per birthday card, have your kids create them by hand or on the computer.


  • Travel
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mariah66 wrote:
i am fond of my favorite local consginment store. i can find clothes, toys and gear there. it's usually stuff that is on the shelves at target or walmart. i also use coupons like a maniac! i, too, am enrolled with a baby club that sends out coupons for the local grocery chain. but, my favorite is definetly going to the consignment store to see what "treasures" i can find!
6/10/2008 7:46 PM CDT
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boychildsmom wrote:
As a homeschool mom, naturalist and frugalist...I by far not the only one in my group of friends who uses cloth diapers. Most of us also do not use bottles or formula. We also make our own cloth personal hygiene items. There are several ebay stores that sell these soft flannel items for women and also sell the best cloth diapers at a reasonable price or you can make your own if you are handy with a pair of pinking shears and needle.
6/4/2008 10:22 AM CDT
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bsgsscouter wrote:
Scouting is a program where you get the best value for your dollar but it is definitely not free. Cubs, boy scouts, girls scouts and venturing, at the very least, have a registration fee. Any dues, uniforms, supplies, etc are extra. Most BSA and GSUSA councils do have aid available, and the chartering organization for BSA units is usually able to help with costs.

The other nice thing about scouting is most families look for a program in their neighborhood, cutting down on the cost of gas. Scouting is also a year-round program. Most sports and other activities are only for a certain amount of time.
5/29/2008 5:13 AM CDT
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Having been a Girl Scout parent and leader for over 12 years, it is Not a free activity. Is the expense worth it? YES! I have 4 daughters 20, 19, 18 and almost 8. My second daughter (now 19) went through GS from Brownies to Seniors. She says that most of her favorite memories that she has as a child are from GS. She now works at the local GS camp during the summer. Which is funny as she was/is a very prissy girl (Varsity Cheerleader and Pageant girl). As a parent I have spent money on Girl Scouts, Dance, Soccer, Cheerleading and Pageants. Cheerleading was the most expensive and Soccer was the cheapest.
As a leader it is very hard finacially for a troop AND MY FAMILY when parents do not support their daughter in activities with positive attitudes and finances. I have had girls graduate out of GS and girls choose not to continue. Years later they still talk about GS. One girl even said that she wished that she had never quit. Many parents use GS as babysitters or "free" activities and that is not what GS is all about.
5/28/2008 9:36 PM CDT
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Bla3752 wrote:
Shop thrift stores omg the deals I have gotten are unbelieveable here I got several real designer purses it takes time but is so so worth it
5/28/2008 5:45 PM CDT
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