Every summer, we feel the pressure to spend more money. The high temperatures and long daylight hours make it seem like there’s no limit on things to do or getaways to go on- but these desires often lead us into overspending when our budgets might not stretch as far these days! Here are a few key summer budgeting tips for now and later.
1. Make a summer-specific budget and stick to it
Start by taking a close look at your finances. Determine how much you can realistically afford to spend each month. Then, make a list of your summer must-haves. For example, if you love going to the beach, factor in the cost of gas, lodging, food, and beach necessities. Once you have an idea of your expenses, you can make summer plans.
2. Bring your own food and drinks to summer events
Enjoy your favorite summer foods without having to pay a premium. Summertime is the perfect season for outdoor events, but one downside is the high prices of concessions. Food and drinks can quickly add up, especially if you’re bringing a family. A great way to save money is to bring your own food and drinks from home. So next time you’re headed to a summer event, remember to pack your own picnic lunch and save yourself some money.
3. Shop at thrift stores or garage sales for clothes
One of the best ways to save money on summer clothes is to shop at thrift stores or garage sales. You can often find lightly used items for a fraction of the cost of new clothes. In addition, thrift stores and garage sales are a great way to find unique or vintage items that you can’t find anywhere else. If you’re willing to put in a little effort, you can save a lot of money on your summer wardrobe.
4. Take advantage of free activities in your community
Summertime is the perfect time to take advantage of free activities in your community. One of our favorites is attending concerts in the park. We save money on tickets and concessions, and we get to enjoy a summer evening outdoors. Another great option is a nature walk. We can explore local trails, learn about the area’s history and wildlife, and get some exercise at the same time. And best of all, these activities are free and the weather is just right!
5. Rent a movie from the library
So it is raining and you need to get out of the house? There’s no need to spend a fortune on entertainment because you can rent movies from the library for free. Not only will you save money, but you’ll also have access to a wide selection of films. Whether you’re looking for the latest or a classic film, you’re sure to find something to watch at your local library. Make the most of it and grab a book while you are there. No need to spend a dime, just make sure you return it on time!