Integrated Family Community Services 3370 South Irving Street, Englewood, CO 80110-1816 Ph: 303-789-0501

Walking the Line: How to Keep Your Family Finances Tight This Year

As they say, it’s better to be safe than sorry. When it comes to finances, it’s very difficult to heed that advice as there are numerous temptations you and your family face. Many people find it difficult to draw a line between living comfortably and living beyond their means. If you find that you fit this category of financially challenged consumers, then perhaps it’s time to make a change. Here are some tips on how to keep your family finances tight this year.

Credit Carefully

Use one credit card to be reserved for emergencies only. Though they seem like a lifesaver at the time of use, many people just don’t know how to use them responsibly. Credit card debt can add up fast; five dollars here and five dollars there and before you know it, you’re in a bind. The more you spend, the higher the interest rate will be. Don’t let those high annual percentage rates and other fees come back to haunt you when it is credit card processing time at the end of the month. You can process credit cards at your bank or company to make sure you’re not going over the limit. You might also consider using a Check 21 Processing instead of an ATM debit card network so you get faster deposits and verification.

Try Couponing
Clip and organize coupons for food purchases. When you receive a coupon in the mail or find it in the newspaper, place it inside a special envelope and put the envelope in your car so it will always be available when you’re out and about. Make it a goal to eat out only once a week. When you do eat out, order something off of the value menu; you can feed your entire family for less than 15 dollars with this system.

Corral the Kids
Teach your children about the value of a dollar. If they are teenagers who drive, encourage them to walk or ride their bike instead of using gas. For pre-adolescents, encourage them to do chores such as mowing the lawn and cleaning the house before paying them an allowance. This will save you the time and effort or the hassle of paying someone else to do it. Also, reward your children in other ways instead of money such as taking them to the zoo when it’s free on some holidays such as MLK day, or just doing something fun at the park.

Most importantly, always make sure that you are making more than you spend so that you always have some money put away for emergency purposes. Being stringent with the credit card, using coupons, and teaching your children to be smart with money will put you and your family ahead of the rest.

Tim Esterdahl

Tim Esterdahl is the editor of IFCS blog. He is a married father of three and enjoys golf in his spare time.
Tim Esterdahl

Find Us on Social Media

The Food Research and Action Center (FRAC) has done extensive research on the long-term effects of childhood hunger. Children are our main demographic of clients, so we work tirelessly to get their families the resources that they need to lead healthy and productive lives for generations to come. When you assist IFCS' mission to alleviate hunger, your support has a ripple effect that affects the future of our community. Take a moment to make an impact - #onecanfeed
... See MoreSee Less

View on Facebook

We received a visit from a Kent Denver School Junior Class Advisement Group that was studying our community. They helped volunteer in our Food Market and tidied up our landscaping. We appreciated their enthusiasm and for brightening our Monday. ... See MoreSee Less

View on Facebook

We truly appreciate your support! Through the kindness of the community and generous donations to the Ready Set School! program, IFCS was able to assist 552 students with school supplies, clothing, and backpacks. We will also supply local low-income schools with extra supplies to assist an additional 300 students. Thanks for giving the tools of success to make this a successful school year. ... See MoreSee Less

View on Facebook

IFCS On Twitter

We truly appreciate your support! Through the kindness of the community and generous donations to the Ready Set School! program, IFCS was able to assist 552 students with school supplies, clothing, and backpacks as well as supplies for 300+ students.
#school #backtoschool

We appreciate the Back-to-School partnership with @DollarTree and Operation Homefront. Through their support, we were able to collect over 1,000 items to go into school supply backpacks. Thank you for the support of our veterans and their families!

A special Thank You to @navyfederal for donating school supplies along with volunteering to build and distribute backpacks. Veronica and Mariah lent their bright smiles to this valuable effort. Learn more at #onecanfeed #charity #dogood

Load More...

Key Sponsors

Our Affliations




Sign Up for our eNewsletter

Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Sign up for our Email Newsletter
For Email Marketing you can trust

USDA Non-Discrimination Policy

IFCS follows the USDA non-discrimination policy. Learn more by clicking here to read the statement. (PDF)