If you were to weigh up everything you want to buy with all the money you have, it would almost certainly end up in favour of the former. That is, unfortunately, the nature of the life we live in: we simply cannot afford everything. This is especially true as a parent, since you have to make the dollars stretch further, covering both you and your growing family. Clothes, school equipment, general shopping costs all add up, so it’s no surprise that mums know a secret or two. To help you in your quest to afford more with the same amount of money, here are a few key tips and tricks that may prove useful.
Reward schemes are highly useful. You might not see an instant appeal but that is simply a case of the wrong perspective. Take American Express for instance, as their cards can offer reward points, or even air miles, when you shop. Since you’re going to be shopping anyway, an additional benefit is hard to argue with. Eventually this can be used to make a saving and, as you surely know by now, every dollar saved makes a difference at the end. With 50% of Canadians planning to use their smartphones to shop online this holiday, making most of these rewards could be more than a little lucrative.
This may seem obvious but few people really understand the nature of shopping around. Always look for better options in most stores, rather than just a few. The more places you look, the better chances you have. Stick to the same three of four departments and you’ll be stuck in the same price range forever. Don’t be afraid to take this search online either. Some people make the mistake of avoiding the internet, believing the sheer convenience must come at a cost, yet this is nothing more than a giant misconception. In fact, the larger market means more potential and, when you get lucky, better savings due to increased competition.
Finally, perhaps one of the best tips you’ll receive, always plan ahead. When you know how much you have to spare, you can break this into weekly allowances to better control the flow of cash. Money saved in one week can be brought over, and so on. Likewise, you can use credit cards where needed to balance the account books, borrowing in advance of pay day. In this capacity they can prove useful in fudging those urgent costs and last minute expenses that unfortunately like to spring up at the worst possibility times.