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When the Numbers Aren’t Adding Up: 4 Ways to Save Your Household Some Money

By: Brittany Engelmann-- 2016-08-19 7:00 am --

While the recession is said to be behind us and the economy is steadily improving, a surprising number of Americans still have trouble managing their bills. In fact, according to MarketWatch, about 62 percent of Americans report having less than $1,000 in savings, which is a strong indicator that the majority of people are living paycheck to paycheck and struggling to get by. If you find that the numbers just aren’t adding up and you can’t seem to cover all household costs, consider these tips to help increase savings and live more comfortably.

  1. Scavenge for Sales

There are sales happening at all times of year. You simply have to be strategic in tracking them down. When making your weekly shopping list, scour the web for all your favorite stores offering seasonal stores. While in the store, you can likely find discount shelves and in-store promotions that will help you extend the power of your dollar.

  1. Participate in Customer Rewards Programs

Do you have a few favorite stores that you frequent more than the rest? Become a rewards member, so you can earn points each time you shop. Many major brands offer rewards programs that enable you to build points and cash those points in to buy products later. Many folks often forget their rewards cards at home, which led to a decline in customer rewards card usage rates. Nowadays, most big brands offer phone apps that allow you to scan your card at the register directly from your mobile device.

  1. Plan Your Meals

The average family is spending about 9.9 percent of their income on food every month. This is a tremendous segment of your income that could easily be reduced with just a little bit of forethought and preparation. Never approach grocery shopping haphazardly. You always need a strict plan going in, incorporating how much money you’ll spend and the precise items you need. It helps to plan meals and snacks out in advance, and then adhere to the plan rigidly, so as not to exceed your budget.

  1. Buy in Bulk

Saving money is enough of a challenge as a single person. Add a family to the mix, and it suddenly feels like an insurmountable aim. When you’re shopping for multiple people at once, the most sensible approach is to purchase your items in bulk. By purchasing bulk household supplies from low-cost wholesale venders, you’ll be able to access the wholesale discounts that can’t be found in stores. For busy families on the go, it has the added bonus of being delivered right to your door, sparing you the day long excursion of bouncing from one retail store to the next in search of everything on your list.

The average family in the U.S. earns just $52,000 per year. When factoring in the average cost of living in each state, that leaves very little room for savings. However, with the right mindset and a bit of preparation, you can make your family budget go a lot further. At DollarDays, we pride ourselves in working alongside families to help them source the lowest prices on a range of household food and supplies. Visit our website today, and begin browsing some of the top brands for all of your household needs.