Videos Budgeting Tips for Parents: Quicken Personal Money Management Tips Admin 5 months ago Transcript 0:00 Parenting. It can be a joy, but it can also be a little bit overwhelming. 0:05 Especially on your budget. 0:07 So, we caught up with some moms and dads 0:09 who share their best money saving tips. 0:12 Money saving tips for parents. 0:14 Try to cook at home, uh, what I actually do with my kids is 0:18 I actually ask them what they would like to eat 0:20 and then what I do is I make it part of the process that they actually cook with me. 0:24 And they seem to enjoy that a lot. 0:26 Making them buy their own gas. 0:28 Never subsidize the gas, because then they don’t drive their friends around 0:32 and they have a better understanding about what it costs to run the car. 0:35 Try to not answer every “please can I have this” 0:39 and maybe give in every once in a while instead of every time. 0:42 You’d be amazed at how much money that can save. 0:44 You save to spend and always know what that big goal is that you want to save for, 0:48 be it vacation, a car, a house- 0:51 Go to free cycle, go to a flea market, partner up with your friends. 0:57 You can get bicycles for free. You can get books and toys and clothing- 1:01 Don’t place money on clothes – they’re really not worth it. 1:04 But spend money on books. 1:06 Kids who love learning and who love books – those are really the kids that colleges are looking. 1:12 Right now, my child is 17 and we’re looking at colleges and 1:15 there’s no way we have enough money. 1:17 Start your 529 plan now. 1:20 Make it an automatic deduction. You won’t even see the money. 1:24 And it will give you a big head start on having a nice little college fund. 1:31 And for more everyday savings tips, follow Quicken on Facebook.