Let’s face it — raising kids isn’t cheap. As a parent, you know that all of the expenses of raising children add up quickly. When you’re not paying for the essentials, you’re coughing up cash for things like toys, sports gear, textbooks, and so much more.

When raising kids, you might find that things are a little tighter than they once were. Here are 8 money moves that could help reduce the financial burden on your family and make your money go further.

1. Protect Your Kids’ Future By Leaving Them Up to $1,000,000

Most people underestimate how much money in savings is needed to provide for their family after they pass. Especially with multiple kids, your savings account is probably a drop in the ocean compared to what is needed. But that’s where life insurance kicks in.

And with Bestow, getting life insurance can be easy and super affordable, too. This company offers coverage that ranges from $50,000 to $1,000,000 with premiums that start at just $16 a month!

Bestow is also 100% online, which means you can get a free quote in 60 seconds and coverage in minutes. You won’t need to fill out a stack of paperwork, provide a medical exam, or even leave your couch.

What’s more, Bestow’s agents are non-commissioned, so you don’t have to worry about being upselling or hassling phone calls.

Keep in mind that life insurance premiums only increase as you get older. That means there’s no better time than today to lock in your premium. Get your free quote from Bestow now!

2. Get Rid of Your (or Your Child’s) Current Student Loans — This Site Could Help You Do It in Minutes

Student loan debt is a rut that many people never get out of — parents and children alike. Whether you or a child of yours has student loans, refinancing those loans could potentially help you save thousands.

Refinancing is the process of getting a new loan to replace an old one. Ideally, the new loan would have a lower interest rate, and this would end up saving you a ton of money in the process.

Credible makes refinancing your student loans easy. This loan comparison site will find you multiple offers to compare in one place. All you have to do is fill out the site’s short form.

Once you find a new loan you like, you’ll be able to close it out quickly without filling out tons of paperwork.

Check out your student loan refinance options with Credible today and find out how much money you could save!

3. Get Rid of Your Current Auto Insurance Policy — This Site Could Find You a Cheaper Option in Minutes

Sure, you might rely on your vehicle to pick your kids up from sports practices, play rehearsals, and various events; but that doesn’t mean you need to be paying an arm and leg for auto insurance. Most people who continue to pay too much for auto insurance simply don’t know where to look for cheaper rates.

Enter EverQuote. This insurance comparison site makes the search for cheaper insurance easy by finding great rates from multiple companies for you to compare in one place.

All you need to do is provide a few short details about your vehicle, and EverQuote will start searching for you. What’s more, you can get help from a licensed EverQuote agent at any point.

Get your free quote from EverQuote today and find out just how much your family could be saving on auto insurance!

4. Swap Out Your Current Home or Renters Insurance Policy for a Cheaper One (That Still Protects Your Kids’ Stuff!)

It’s essential that you protect your home’s possessions — including your kids’ belongings — in case of emergency. But you shouldn’t have to overpay for your policy either.

EverQuote could help you save hundreds on your homeowners or renters insurance each year. What’s better? It takes just minutes to make the switch.

Here’s how it works. Simply provide EverQuote with a few important details about your home, and this insurance comparison site will hunt down rates from multiple insurance companies. You’ll be able to then compare all of your options in one place and choose a new policy!

Get your free quote from EverQuote today and potentially save hundreds on homeowners or renters insurance this year!

5. Turn the Home You Own into a Source of Fast Cash (at a Lower Interest Rate)

Want access to funds that you could use to cover all types of expenses and purchases?

A HELOC is a low-interest loan that uses the equity in your home as collateral. You can use these funds for just about anything. Just make sure you make your payments when they’re due!

A lot of banks and lenders have stopped offering HELOCs, but Figure is still offering it. Apply in 5 minutes with their 100% online application and receive funding in as little as 5 days.

Borrow up to $250,000 against the equity of your home.

Learn more here.

6. Diversify Your Family’s Investments with Blue-Chip Artwork

When looking to invest your money where it can grow, the stock market isn’t your only option. Diversifying your investments is one of the best ways to safeguard your family’s finances and put your money in the best position to grow.

Masterworks is a company that allows the everyday person to invest in blue-chip artwork. Buy shares in a valuable art portfolio that has been carefully curated by research professionals. Wait for the art to be sold over a 3-10 year period, or sell your shares to Masterworks’ secondary market at any time.

For a very small management fee, Masterworks covers all administrative, professional storage, insurance, and annual appraisal costs.

To get started, simply request an invite to a free membership with Masterworks today!

7.Get a Home Warranty to Help You Take Care of Your Home Repairs

Everything breaks down over time, and your family’s home is no exception. When you need to repair pipes or replace a water heater unexpectedly, where will that money come from?

Rather than dip into your pocket or savings account whenever disaster strikes at home, just call Choice Home Warranty.

This Inc. 5000 company offers coverage for repairs to your home’s major systems for an affordable monthly fee. With 24/7 home warranty services available year-round, you’ll be able to file a claim quickly whenever a problem arises.

What’s more, Choice Home Warranty uses a network of more than 15,000 local pre-screened technicians so that you get fast, top-notch service. This means you won’t have to search for a reputable contractor when you’re already in a hurry!

To date, the company has successfully handled over three million claims. Get your free quote from Choice Home Warranty today!

8. Ask This Site to Help You Eliminate Your Credit Card Debt

Those who find themselves in credit card debt have a hard time getting out, largely because of their card’s high interest rate.

Rather than keeping your family in debt for years to come, you could get a personal loan with a low interest rate and use it to wipe out your credit card debt completely. This kind of move could ultimately save you thousands in interest fees.

Credible is an online marketplace that helps you find and compare multiple personal loan offers in one place — and it takes just two minutes!

The average credit card interest rate is about 17%, while the average 3 year personal loan interest rate is 11.5%. That could save you a lot of money.

Loan amounts range from $1,000 to $100,000. Not only does this allow you to pay off your credit card debt (skipping this month’s bill in the process) but it also potentially leaves you with money for other needs, too — whether it’s paying your mortgage, making home repairs or additions, or funding your next family vacation!

As a highly reputable online marketplace, Credible has helped thousands of people get the loans they need. The company holds an excellent rating on TrustPilot across more than 4,184 reviews.

Personal loans can also be used to pay off other types of debt, medical bills, home improvements, and just about anything you need it for.

Check your personal loan options today.

Model Smart Money Moves for Your Children

As a parent, you’re aware of the incredible responsibility that comes with raising children, providing for them, and setting them up to succeed.

By making smart money moves, not only are you helping protect their future but you’re also teaching them how to handle money responsibly!