June 14, 2021 #1 Local News, Forum, Information and Event Source for Venice Beach, California.

Household Budget Primer: 5 Money-saving Tips

Most money-saving tips need a lifestyle change to be beneficial. Whether it is changing to a more maintainable lifestyle or missing out on family vacations, you might not be willing to make significant sacrifices that penny-wise living sometimes necessitates.

That is understandable. It can be challenging for you to change your way of life entirely to save some cash. However, small lifestyle changes can offer great benefits. Saving money does not have to be all about severe sacrifices. Little changes can be more motivating and sustainable. Also, if you make saving money a household agenda, it can relieve some of the load while teaching your children important lessons about money management.

There are simple tips you can do to lessen your monthly expenses.

1. Have a Meal Plan

One of the biggest failures of even the most economical families is an unprepared trip to a local restaurant for dinner. Instead of preparing a healthy, economical meal at home, you end up spending more money to nourish your family, making it a budget destroyer.

By planning your family’s meals, you eliminate the excuse of not knowing what to eat for dinner. Although you can plan your meals as you see fit, consider planning at least a week’s meals ahead of time. When you already know that you are eating chicken on Wednesdays, you can start preparing without resorting to a meal out in a restaurant.

2. Shop Wisely

You don’t have to be a committed couponer to save on groceries. Instead, try only shopping once a week and get all you need on a single trip.  Going back to the store for an extra loaf of bread can tempt you to overspend. It is also advisable that you shop for groceries without the kids. When you are alone, it is easier to stay focused and refrain from impulse buying.

3. Plan a Staycation

Rather than straining your budget on vacation overseas, look for nearby fun activities instead. A staycation will feel like a vacation if you find something you love doing during your leisure time.

Many neighboring cities and towns offer a lot of activities to do, whether it is cheap admissions to a movie theatre, free museum visits, hiking trails, or historical sites. During difficult times, it is okay to skip the annual vacation for something local, convenient and inexpensive. Provided you make it fun for your entire family, they will hardly notice the difference.

4. Purchase Home Warranty Coverage

A home warranty plan protects your budget from costly repairs and replacement of home appliances and major systems like plumbing and HVAC. It provides an easy way to find a service provider when the covered items break down. When buying a home warranty, you can rest assured that your finances are protected in case of unforeseen equipment repairs or replacements as long as you purchase it from one of the leading home warranty providers in California.

5. Have Home-based Entertainment 

If your children are giving you a lot of pressure, it can be enticing to take them to a movie theatre or an amusement park to get them out of the house. However, these trips can take a significant toll on your finances.

Instead, look for ways to keep the children entertained at home. A supply of family-friendly games or a home-based movie night with fresh-made popcorn and classic movie theater candy selections can keep your children occupied while saving you money. If you want to get out of your house, try going to the free public parks and putting up a hammock or playing lawn sports like croquet or soccer.

Conclusion

Saving money on your household budget does not have to be a daunting task. Instead, these small and simple tricks can make a sizable difference in your finances. It may take some time before you and your family adapt. Including the family in your money-saving endeavors makes it easier to implement as they will be more invested.

Related Posts

Venice Boardwalk Development Appeal Hearing Postponed

June 11, 2021

June 11, 2021

Appeal hearing for mixed development at 811-815 Ocean Front Walk pushed back to August By Chad Winthrop An appeal hearing...

Edify TV: More ADUs for Los Angeles?

June 11, 2021

June 11, 2021

More ADUs (accessory dwelling units) could be coming to Los Angeles. Learn more in this video made possible by Malibu...

Wood Framing Complete For Mar Vista Affordable Housing Project

June 11, 2021

June 11, 2021

Vista Ballona development expected to be completed later this year with 50 units of affordable housing  By Toi Creel Wood...

Santa Monica Parking Structure to be Replaced by Housing?

June 4, 2021

June 4, 2021

A Santa Monica parking structure be demolished and replaced with affordable housing. Learn more in this video made possible by Santa...

City Planning Approves Venice Canals Affordable Housing Development

June 2, 2021

June 2, 2021

140 units planned along canals By Toi Creel A 140-unit affordable housing development planned along the Venice Canals cleared a...

Edify TV: Nine Small Lot Homes Planned for Bel Air

June 1, 2021

June 1, 2021

A developer wants to build nine small homes on two parcels in Bel Air. Learn more in this video made...

Is Permanent Housing the Real Homeless Solution?

May 23, 2021

May 23, 2021

By Tom Elias, Columnist The ultimate goal of city and county agencies trying to solve California’s homeless problem is to...

Construction Underway for Mixed-use Lincoln Blvd Project Near Venice

May 21, 2021

May 21, 2021

47 units with retail under construction  By Sam Catanzaro Construction is underway for a four-story mixed-use development spanning a whole...

Roof Warranty: Is It Worth It?

May 17, 2021

May 17, 2021

Anyone who owns a house knows that it is a long-term investment. This purchase is probably the biggest you’ll ever...

Edify TV: Culver City Ivy Station Complete

May 15, 2021

May 15, 2021

Four years of construction and $350 million dollars later, the Culver City Ivy Station development is ready for people to...

Tobey Maguire Sells Empty Brentwood Lot for $10.7M

May 13, 2021

May 13, 2021

The second most expensive land transaction this year was the sale of an undeveloped plot of land in Brentwood Park,...

LAHSA Application for Permanent Housing Moves Online

May 10, 2021

May 10, 2021

Agency consolidates 15 different paper housing applications into one digital application By Chad Winthrop The Los Angeles Homeless Services Authority (LAHSA)...

Apple Plans to Add More Than 3K Jobs in Culver City-Area

May 10, 2021

May 10, 2021

3,000 jobs coming by 2026 By Toi Creel Apple will be bringing over 3,000 jobs to the Westside. According to...

Bed Bugs: Can They Be Exterminated?

May 7, 2021

May 7, 2021

Household pests are so named for a good reason. These creatures are difficult to get rid of, and they cause...