Cutting Down the Price of Being a Parent

Being a parent can be expensive

Saving money as a parent with young kids. Is it possible? These tips may help you. Photo via Pixabay, CC0 Public Domain.

Being a parent, aside from how incredibly rewarding it is, gets very expensive. In today’s culture, it’s become more and more common for parents to shower their children with games consoles, new mobile devices, and so many other things that will punch a major hole in our personal finances. Overspending isn’t good for you or your kids. If you know you’re guilty of this kind of impulsive consumerism, here are a few ways to turn it around…

Go Online for Baby and Toddler Purchases

Woman goes onto a website to buy used clothes for toddlers

She saves money shopping online. Photo via Pixabay, CC0 Public License.

If you’ve got especially young kids, try to go as cheap as possible, as babies and toddlers outgrow their clothes and toys faster than you’d believe. If you’ve never bought used kids’ items on eBay and similar online platforms, then give it a try.

The web is bursting with gently used clothes, toys and books that can be sourced for a very low price. The pricey electronics and la Perla swimwear can wait until you know your kids are going to get a lot of use out of them. When buying used online, just exercise a little diligence, for example making sure that none of the products you’ve got your eye on have been recalled for safety reasons.

Scale Down the Parties

Children's parties on a budget

A child’s birthday party needn’t break the budget. They can still have lots of fun! Photo via Flickr, CC BY-SA 2.0.

Forget about the last few parties that you dropped your kids off at, where the parents had gone a tad overboard. Convey your own values through the birthday parties you throw for your children, and don’t break your budget for their birthday party just for the sake of it. Obviously, you want your children to have a great time on their birthday, and you should plan some kind of budget that will allow your children, and everyone in attendance, to have buckets of fun.

However, you shouldn’t make the common mistake of worrying about your children stacking their parties up against their friends’. Kids are usually too caught up in the excitement of their own parties to compare them to others, and even if they do get into this mindset, it’s not something they’re going to hold against you for the rest of their lives!

Keep a Handle on Phone Costs

Pay as you go plans are an affordable option for many parents

Saving money on those iPhones your older children want. Is it possible? Yes, with some planning. Photo via Pexels, CC0 License.

Here’s a little advice for spending on your older children. Early teens and kids who are approaching their 13th will talk about nothing but phones. They want to be able to download music, play games, connect with their friends, take selfies and play around with the filters. It’s a sad fact that the lack of a smartphone can be socially isolating for a modern kid entering their teenage years, so this is an expense you’re simply going to have to put up with.

Obviously, your kids’ phone use can become extremely expensive after a while, so make a point of sticking to contracts with limited minutes, or the most basic pay-as-you-go plan available for the model they want. When extra minutes and data has to come out of their allowance, they’ll quickly learn to be more frugal!

Being frugal as parents

No overspending is happening on this family outing at the park! Photo via Flickr, CC BY-ND 2.0.

Take these tips on board, and soon enough you’ll be able to avoid overspending on your children with ease!

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25 thoughts on “Cutting Down the Price of Being a Parent

  1. My sisters are on lots of “Mom swaps” on Facebook – they trade baby clothes, which kids grow out of so fast so they tend to be only gently used. And Amazon has terrific prices on diapers – you can get a subscription service so they come right to your door!

    • Oh! I had no idea about any of this! Thanks for sharing that – great ideas for saving money as a mom. Wait.. Facebook isn’t the devil then.. ?! Hehe

  2. I think parents find #3 the most challenging. I know my niece with quadruplets and a child 2 years older isn’t looking forward to those teen years 🙂 ♥

  3. Thanks Christy for very useful list of advices for the modern parent or patents-to-be. These things are behind me but it will become handy for both my sons, one of whom is already a parent of a frisky toddler. My parenting days were well before the advent of mobile phones so that saved one area of heavy outflow of money. But birthday parties, family outings and play stations were very much in so parenting, be it in times past, present or future, will always be an expensive phase of life in a relative sense.

  4. Great post Christy filled with great tips for parent’s. My niece belongs to a few great groups on FB where you can find moms who swap clothing at different ages and sizes with other moms. Great idea because they grow out of things, expensive things so quickly. 🙂 xx

  5. Lovely post christy b. Speaking about birthday parties, can you make a sugestion on how to throw a fun birthday party on a budget? My son’s birthday is coming up, and I would love to hear your ideas! x

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