7 Budgeting Tips for Big Families

Last updated on May 5th, 2024 at 01:40 pm

A big family can come with a big price tag. However, it does not always have to be this way if you are savvy. Here are seven budgeting tips for big families.


Create a Budget

To start with, look at what money you have coming in and what needs to go out. Prioritize things such as rent, bills and food. Once you have done this, you can decide what to do with the rest of your money. It is a good idea to put some money away in a savings account as you never know when you might need it. That way, if your car breaks down, you will have the money to fix it without getting into debt. You should also have a separate account for things you know you will have to pay for eventually, such as new school shoes or Christmas presents. Then you’ll know how you are going to make ends meet and it should help you to eliminate any nasty surprises.

Buy In Bulk

You can often get big discounts for buying in bulk from the grocery store. If you have the space in your home, try to stock up where you can rather than buying only what you need. This works well for items you know you are going to use or things that have long use-by dates such as pasta or laundry detergent. Fresh fruit and vegetables have a much shorter use-by date but if you buy frozen ones, you can still buy in bulk as you will be able to eat these for up to three months.

Buy on Sale

There are great bargains to be had at end of season sales. Plan ahead and you can buy things such as clothes for your kids to grow into rather than things that fit at the time. That way they will always have new outfits as the seasons change without breaking the bank.

Buy Second Hand


If you shop around, you will find some great second-handitems at low cost. Second-hand stores are a great place for clothes, household items, and even furniture. Another great place to shop for these things is online. People sell all sorts of things online and you can haggle as much as you like. Many sellers will reduce the asking price greatly or even give things away for free if they want to get rid of them.

Look for Deals

There are a lot of cut-price deals to be made if you know where to look. This is great for everything from beauty to clothes to days out. If you are careful, you can unlock online discounts easily and avoid having to pay the full price.

Free Outings

Taking the family out for the day does not need to be expensive. There are a lot of places you can go to for free such as local parks or museums. Take a picnic with you and save money on expensive restaurants too. The kids will love it and you will feel as if you have had a great family day without breaking the bank. 

Learn to Say No

You may feel guilty saying no when your kids ask you for a treat, but it can be a great way to teach them important life lessons such as budgeting and not getting their own way. It will also make them appreciate the times you can say yes to them more. 

Follow these seven tips to budget if you have a big family and you will be able to budget better and enjoy your time together without going broke.


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