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GoodToKnow
Lifestyle
Sarah Handley

How to save money: 28 family-friendly money-saving tips for mums and dads

Mother and toddler girl getting money out of a piggy bank.

Raising a family is expensive, so knowing how to save money as a parent is crucial if you want to make your family's budget go further, and build a savings pot for the future. The last couple of years have seen budgets stretched more than ever before, leaving households scrambling to figure out how to make extra money to help make ends meet.

Even if your finances have weathered the cost of living crisis storm, it's always going to be worth cutting costs where you can. Personal finance analyst Alice Haine from Bestinvest says: "By slashing the amount you spend on everyday bills and cutting costs elsewhere, you can quickly create a small sum that will either boost your current account or be saved or invested into a separate pot for a rainy day."

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