Americans are being pushed to their financial limits everyday. Did you know that 76% of the United States is living from paycheck to paycheck, according to CNN Money? As Gallup shows, the median amount spent by Americans on groceries each week in 2012 was $125 dollars. That equals $6,500 a year spent on groceries alone.
Those are not our only expenses. We have to worry about gas for the car, paying the electric bill, and providing our children with the school supplies they need to succeed. With all of these costs piling up, more and more Americans wonder how they can save a buck to survive. Here are four money saving tips to help you and your family do more than just get by.
- Learn How to Create a Family Budget
- Use Smart School Shopping Tips
- Make a Shopping List
- Stay up to Date Using the Web
If you want to learn how to save money, you have to get serious about creating a family budget. Martin money saving tips from www.moneysavingexpert.com point out that building family budgets is the only way to see what you earn versus what you are spending. Clearly, if you discover you have a huge deficit, you need to work some money saving tips into your spending habits.
According to USA Today, school supply costs have jumped 7% since last year. On average, parents will now have to pay $1,223 on supplies for their high school students and only slightly less for their middle and grade school children. Simple student money saving tips can help parents stay afloat while their kids succeed.
Erin Huffstetler of About.com recommends you shop at home before you shop at the supermarket. She writes that taking an inventory of the things you have at home can keep you from buying duplicate jeans, pens, notebooks, and more. This is one of easiest money saving tips for students and their parents.
WebMD writes that one of the best money saving tips for moms and dads doing the grocery shopping is to plan ahead. By creating a shopping list before you go to the store, you get yourself to buy only what you know you need instead of the things you are craving because of a sweet-tooth or a growling stomach.
The internet is a powerful tool for finding a typical family budget, the top money saving tips, and more ideas for your financial health. However, the economy is constantly shifting; prices are climbing, falling, and leveling out all the time. By using a high quality source of online money saving advice, like Martin money saving tips, you can plan ahead for whatever may come.
Money is tighter than ever for the vast majority of American families. If you want to give yourself some breathing room, create a budget, avoid repeat school purchases, and plan ahead for your trip to the grocery store to start saving. Further, stay up to date on all the latest economy news and money saving tips by following quality sources like Martin money saving tips. Good luck to you.