My Strategies on How to Save Money

killboredom By killboredom, 10th Apr 2013 | Follow this author | RSS Feed | Short URL
Posted in Wikinut>Money>Money Saving Tips

Me and my husband has decided to make a short list of how to save money for our children's future.

I am trying to save money.

Haha, I am literally trying to save for my baby's first birthday, for my eldest school needs, for our monthly bill, for my two son's supplies, kitchen supplies, for the future and for a lot of important things.

I have deleted my make ups, accessories, clothes and my beauty maintenance, on my necessities' list, lol. Yup i used to put those on my necessities list,lol. I have a growing family and it requires me and my husband to save for our future, as early as now that the kiddos are still young.. Me and my husband has to sacrifice both our small luxuries just to give way to the most important expenses. And of course, that is our main responsibility as parents, to provide to our child's needs up until they grow up.

Well now i think i need to proceed with the main purpose of this post, haha not coming to that part yet.

Here are some small ways that we consider to save money, i hope this gives you ideas.

Buy and Sell

I went through all the used baby stuffs and i picked those that were slightly used to SELL.

My husband was so happy to see the amount we have gained. Babies grow up so fast, most clothes they wear now cannot fit them after a month or two. that is why some of my baby's clothes and shoes weren't worn out.

Buying Toys

I really love buying my two kids toys!! whenever we are outside or gone to malls i always have something for the two kiddos. But last time, i tried to look for toys on SALE and it should be educational as well.

Savings Plan

We also consider of getting them a separate special savings account into which we deposit a sum every month. I guess it doesn’t have to be a fortune, i will start a dollar each or 50pesos monthly for each of their savings account.

Budget Wisely

Yeah this is the first thing me and hubby did. Avoid to shell out money on things that are not important. Create a list of WANTS and NECESSITIES. Necessities are the foods, shelter and other necessities of life. Wants are those not so important like Prioritize the Necessities list and if it fits your budget, try to buy at least one or two wants.

Do Not Skip on the Bills

We get electric bills, water bills, telephone and the like. It is always important to pay every month. When you have skipped a bill, your entire monthly budget is ruined. It is hard to make up with the budget when the bills were carried over to the next month.


I have always heard this from Mom and I was like yes yes yes i will. But the truth I just do not like the idea of recycling when you can afford to buy a new one. But now I really appreciate her advice. For example i would like to buy myself a new kitchen apron, what i did was turn my old yellow dress into an apron, i just did some cutting and used my sewing materials. I also started to collect our used and empty bottles and sell to the junk shops or recycling center. We also use the old clothes as rugs and beddings for the pets.


Yes from the word itself. We try our best to conserve water and electricity. Turn off the lights when nobody is using. Just get the right amount of water that you can consume. To save from Cellphone or telephone bills, we use a prepaid card as an alternative and make only important calls as well.

So there you go. Those are some strategies we tried doing and we will see how it will all reflect our budget.


Saving Money, Saving Money Ideas, Saving Tips

Meet the author

author avatar killboredom
I am 28 years old Filipina. A simple housewife who wants the best things for my family. They inspire me to write and I will continue to strive and learn for them.

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author avatar Mark Gordon Brown
10th Apr 2013 (#)

You are right, as a parent it is important to put the needs of the kids first. It is especially good not to have more kids than you can afford and to be frugal in spending.

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author avatar johnbee
10th Apr 2013 (#)

Write on.

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