9/4/19

How To Stick To Your Family Budget


By on 9/04/2019 01:38:00 PM

Many families across the USA live on a budget that they have set themselves for each month. Of course, this can change a lot as the month progresses when you have things that you need to pay for unexpectedly. Does that new washer come out of your monthly budget? What about new clothes for your kids when school starts again?
 
 
There are so many things that you need to pay for that it can be tricky to figure out exactly how you are going to afford it all and this is why many families end up with money troubles. You need to make sure that you have savings in place to cover your family should anything ever happen. Think about the possibility of medical bills and how much these might eat into your budget.
Don’t worry though, because we have put together some of our best tips to help you stick to your family budget. This will include everything from tips on how you can set the budget to generating your own energy. Make sure to keep reading if you’d like to find out more.

Setting The Budget
You can’t stick to your family budget if you don’t create one that is possible, so this is the first step. Many people believe that they have a rough budget that they hope to meet but this is not the best way to do this. You need to make sure that your budget reflects your current financial situation and that you are using your salary and your outgoings to figure out how much you have to spend.

Sit down with your partner and make a list of all of the things that you need to spend each month. This will include your mortgage payments, bills, school fees, transport costs and some money to go towards foods. Not every family will have the same kinds of bills, so this is done individually.
Once you know how much you have to spend, you can set aside some money for emergencies and some for activities. It is important that you are realistic with your budget or you are just going to go over it every month. Set some achievable goals and it will help you out a lot. The rest of the leftover money can go into your savings account. 

Make sure to follow these tips and you should find that you have the budget that you need to stick to.

Meal Planning
One of the most important things that you can do when you are trying to stick to a family budget is to plan your meals. As a family, you likely have a routine and so you know when you are going to be eating together and when you aren’t. Planning your meals is quite overwhelming at first but it can be very useful if you get into the swing of it. 

To plan your meals, you simply figure out which meals you will have for breakfast, lunch and dinner each week. This might include packed lunches for school and it also should include any snacks. Once you know what you are having, you can write out a list of ingredients based on this and head to the store.

The great thing about meal planning is that it allows you to stick to your budget and save money at the same time. When you have your meals planned out, you will be less likely to head out for dinner or stop off at the local McDonalds on the way home. Try to start planning your meals right away and use the part of your budget that you have set aside for food to make the right choices in the store. 

Generating Your Own Energy
How much do you spend every month on your energy bills? This might be something that you have a better handle on once you have set your budget and looked at your finances, but it is something that is very important. Many families spend way too much money on their bills, and they waste a lot of energy which isn’t great for the environment. 

The good news is that you can stick to your budget more by cutting down on your energy bills. So, how do you do this? First, you get in touch with the best solar company in Vacaville or city that you live in. Then, you assess the solar costs Vacaville based businesses have to offer and organise for solar panels to be installed in your home.

Companies like sempersolaris.com offer the best solar financing options Vacaville residents have ever seen and you could be benefiting from this. When you are generating your own energy, you are not only benefiting from lower bills every month, but you can also do your bit for the environment. The cost of the solar panels will set you back quite a bit, but this will be paid back over time when you are generating your own energy.

If you live in California where there is always sun, this might just be the best option for you. Soon, you won’t even have to worry about adding your energy bills into your budget.

Try Cash
One of the biggest reasons why people are spending more money than they can afford is that they pay for everything with their credit card. Simply swiping that card can feel great and you don’t even feel like you are spending any money which is where the problem lies.

A good way around this in order to stick to your budget a little more is to only work with cash. If you have a certain amount of money to spend each week, why don’t you just take it out in cash and spend that. You can think of it as an allowance and if you have to spend more as an emergency, you’ll be more aware of it.

Card payments can add up to a lot over time and this is something which you really need to keep an eye on. While card payments are useful because you can reflect back on what you spend over the previous month, payments don’t always show up right away and so you might think that you have more money than you thought. 

Make sure to give this a try at least once this month and you might find that it comes in handy and helps you to stick to your budget.

Grow Your Own Vegetables
Another great way to stick to your family budget is to try growing your own vegetables. If you can save money on these simple things you can give your family healthy meals and save some money while you’re at it. Wouldn’t it be fun to grow your own bell peppers? What about some carrots or potatoes? 

Growing vegetables isn’t as hard as you might think, you just need to make sure that you are looking after the plants. You can find guidance online about which plants can grow well in CA so make sure to have a look at these. Once you start growing your own vegetables, you’ll save money on your groceries and you’ll be able to stick to your monthly budget a lot more. If you don’t have a big enough garden, then you can always invest in some planters or a spot in the nearby allotment. 

Carpooling
Our next tip for those who want to try to stick to their family budget every month is to try carpooling. When you are driving to and from work and school every day, this can cost a lot of gas money. For those living in CA, there are plenty of buses and facilities for those riding bikes, but this is not always for everyone. Sometimes, it makes more sense to use a car, but this can be costly. 

To organize a carpool, simply get in touch with other parents in your area. If you have a neighbor who goes to the same school as your kids, then share rides and get more for your money. This will also save you some time and give you more of a rest so you can focus on your family life and your work. 

Carpooling isn’t just for kids; it can also work for adults. Make sure to consider carpooling with others in your workplace and you could save some money. We do advise that you have a system for the carpool and a kitty for the driver. This is especially important if multiple people in the carpool are not going to be driving at all. You want to save money, not spend it driving to other people’s homes before you go to work.

Entertain At Home
When you have kids, you tend to feel as though you need to keep them entertained at all times. During the summer, many families like to head off out on activity days to teach the kids something new and have some fun. While this can be a great way to bring your family together, it can be very expensive. For families with lots of kids, a day out can take a large chunk of the budget for the entire month.

The good news is that it is entirely possible to entertain your kids at home. Why not organise a sleepover for them and their friends? What about a movie night or a games night? You can entertain your kids at home for a fraction of the price and they’ll have just as much fun if you do it right.

It is important to note that entertaining at home isn’t just for the sake of your kids. If you are trying to stick to your budget, then you might need to limit your date nights or try to have some fun at home. Instead of heading out to the local Italian restaurant with your friends, consider hosting a dinner party where everyone brings a dish. This can be very fun and can save you a lot of money.

Just because you are living on a budget, doesn’t mean that you cannot have fun. Make sure to try entertaining at home and you will be able to stick to your budget.

Staycations
Our final tip for families who want to stick to their budget is to try a staycation. Many families spend a lot of their money on fancy hotels and trips across the country, but this is not something which is sustainable. 

If you want to have some fun with your family and still have a vacation, then you can try a staycation. California is full of some really amazing cities and beaches which you might not have had a chance to explore yet? Why not get out of the city and head to Long Beach or take your kids to see the stars in LA?

This is a great way of saving some money and still having fun within your budget. You can find plenty of staycation ideas online so make sure to have a look at these. 

Stick To It
Sticking to your family budget can be very tricky so you need to make sure that you are doing what you can to keep your family afloat. You need to make sure that you have a realistic budget in mind and that you can afford to meet this. 

If you are struggling with sticking to your budget, then you should make sure to try out some of the tips that we have given you in this article. Think about generating your own energy in order to save some money on your monthly bills and try to learn a little more about meal planning.

As you get older, your savings get more and more important so you need to make sure that you are not constantly in the red. Make sure to give some of these ideas a try and soon you should find that you can set a budget and stick to it for longer.

About Angela

Angela is a freelance travel writer and lifestyle blogger, blessed with 3 beautiful daughters, 5 moody cats, 1 spoiled dog, and 1 very supportive husband.

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