7 Ways to Teach Your Family About Frugality

7 Ways to Teach Your Family About FrugalityWith a little time and practice, you can learn to incorporate various frugal tips, tricks and methods in your daily routine. One way to make frugal habits more permanent, however, is by getting the whole family on board. Here are some ways you can practice frugality as an entire family:

1) Be united.

It’s important that both parents are on the same page when it comes to frugality. It’s hard for children to take frugality seriously if one parent constantly makes fun of the other parent for being too tightfisted.

2) Create a set of family rules on frugality.

Different families practice frugality in various ways. As a family, discuss your financial goals (such as paying off the mortgage or saving up for a family vacation), and identify frugal practices and rules you can all follow to help you reach these goals. List the rules and post them in the kitchen or some other place where the entire family can see them on a regular basis.

3) Teach early on.

Frugality isn’t something that only adults can practice. Involve the young ones in your frugal lessons, as well. You can teach your toddlers little things such as turning off the lights and the TV when they leave a room.

4) Clip coupons together.

When your young children are old enough to use scissors and understand the basics of coupons, ask them to help you clip coupons for your weekly trip to the grocery store. If you have older kids who may not enjoy clipping coupons, teach them about bargain hunting, instead. Ask them to go through the sales and coupons to see if any of their favorite items are on discount. Tell them you can purchase one or two items for them if they are within a certain budget.

5) Take them shopping with you.

Occasionally ask your children to go with you to the mall or grocery store. You can use this time to teach your children about making smart, penny-wise decisions and show them how to compare prices and study an item’s quality versus its price.

6) Keep a cheerful disposition.

It’s important to maintain a cheerful, optimistic attitude towards frugality. If your children constantly hear you complaining about your difficulties with living frugally, then they will likely follow your example.

7) Demonstrate how to take care of your belongings.

Take the time to teach your children about being practical. Let them watch you mend clothing, remove stains on the sofa, or even repair broken toys or appliances. Show them that you take good care of your belongings, and they’ll learn to do the same with their things.

Keep in mind that transitioning to a frugal lifestyle can be a lot of hard work. Remember to occasionally reward yourself and your family for your efforts. Go out for some pizza or head to the movie theater to watch a film of their choice. Treating your family every now and then will help keep a cheerful attitude about frugality at home!

Photo Credit: iClipart

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