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3 Ways To Save Big Bucks

Sep 4, 2013 | Personal Finance

Now that school bells are starting to ring again, parents are scrambling to find ways to save a buck on supplies, clothes, food, extracurricular activities, and transportation. When all of these needs are to be met simultaneously, it can be stressful and overwhelming, so why not share some costs? We have some easy ways to save money that involve putting your heads together with family and friends. It takes a village, right? 

Money-Saving Ideas For Parents

Here are easy ways to save money as you prepare for the next semester: 

1. Get a shopping buddy

Have a friend or neighbor split the membership cost of a wholesale retail store like BJ’s, Costco, or Sam’s Club with you. To do this, sit down together and list common households you both need (i.e., paper or cleaning products, packaged meats or cheese, drinks packaged in bulk, etc.). When it’s time to shop, pick large bulk packages of the things you and your friend need, then split the items and costs when you get home. It’s a win/win for everyone and one of the easy ways to save money

2. Look for discount programs 

The internet is full of discount programs. However, two in particular have been quite successful – Groupon and Living Social. Both offer discounts on items from local retailers and bars, restaurants, gyms, golf, and more. Check them out and look through their catalogs for more money-saving ideas

3. Join food-buying clubs

A food-buying club is a small group of friends or neighbors who buy groceries from wholesalers or local producers. Food-buying clubs have gained traction over the past two years due to tough economic times. Consumers have had to cut down on eating out, but the upside is that they’re putting more effort into feeding their families healthier foods at home. 

Food club membership allows you to get food items at wholesale prices, and you may also land discounts and offers. It’s one of the easy ways to save money. So far, about 350 food cooperatives with storefront operations have grown out of the small clubs.

Get a Minute Loan Center Loan 

If you anticipate making a big purchase that could save you money in the long run and don’t have the money for it, we’re happy to offer a loan. Minute Loan Center provides affordable, quick loans with only few requirements. You may qualify for a loan even with a low credit score. Contact us for more information and to apply for a loan.

We look forward to helping you implement your money-saving ideas

The information provided is for informational purposes only and is not a substitute for professional financial advice. You should consult a credit counseling professional concerning the information provided and what should work best in your financial situation. And any action on your part in response to the information provided is at your discretion.

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