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How To Spend Less & Still Make The Most Out Of The Summer

Financial Advice
July 1, 2019
By
Ami Ciccone

The summer season is that time of the year when we can be more flexible with our leisure time. This is the period when our finances get a hit because of vacations, weddings, summer camps, and other activities. These expenses are completely unpredictable, and in the due course of time, you will realize that you have burnt a big hole in your pocket. You'll likely mess up your budget and drain your savings without even realizing it. The remedy is to approach the summer months in ways that will allow you to have fun while also be mindful of the money you shell out. How? Check out the following tips.

Get Rid Of Your Cable Subscription

In case you haven’t contemplated this, you might want to unsubscribe from your cable company because there are other more cost-friendly and popular platforms like Amazon Prime and Netflix where you could catch your favorite movies and shows. They are not as harsh on your pocket as a cable connection is. But if you're up for it, get rid of your TV. Or better yet, go outside and enjoy the sunny weather!

Attend Summer Events

The summer season is a time of celebration. Why don’t you go out and attend outdoor concerts, various street festivals, or a craft fair in your locality? You can have a whale of a time there and all these are affordable as well. If you want to cut down on your expenses further, carry water bottles and snacks along with you. You will surely relish this low-cost experience.

Drop In At The Library In Your Locality

The library is one of the best places to visit during the summer. You will find yourself drowned in an ocean of novels, comics, storybooks, kids programming, and DVDs. As Groucho Marx said, "outside of a dog, a book is a man’s best friend". The best part about going to the library is the fact that library cards are free. You can register for one and take out a book that you've been meaning to read all year. You won't have to spend a single dollar with this activity!

What About A Picnic?

This is a great idea. Ask your friends or family members to assemble at one place and then you guys can merrily march towards your picnic spot to spend a fun-filled day together. Don’t forget to load your basket with cookies, sandwiches, pizzas, drinks, and any of your favorite food items. Aside from that, carry a soccer ball, your badminton racquets, or a volleyball in order to indulge in some sport. Except for some nominal costs, you don’t need to worry about your expenses and have unadulterated fun on your picnic day.

Barbecue Outdoors

How cool is it to cook your meals outside? Summer is the season of merriment under the sun, and choosing to barbecue outdoors is an awesome thing for sure. Aside from preparing hotdogs and burgers, you can also try your hand in making pizzas or baking cakes to add to the feast. Grilling outside occasionally will also keep your kitchen clean and hygienic.

Let Your Car Stay In The Garage

The weather is generally gentle and soothing during the summer, and it’s the best time to go for a walk outdoors or just bike around the neighborhood. Ditching your four-wheeler occasionally will help you save gas. Moreover, you will be shielding your vehicle from any kind of wear and tear and you from shelling out huge bucks on its repair.

Prepare A Budget If You Plan To Go On A Vacation

How bad would it be if you have to use your credit card while on a vacation? Unless you decide to pay off your credit debt soon, there is no point. Chart out a plan and budget all your expenses that might incur on your trip. Going beyond your budget plan will only harm your financial prospects in the near future. Hence, be very specific about not crossing your monetary boundaries. Start saving immediately so that you can have ample cash with you while you are out on your summer holidays.

These are some basic tips that will help you spend less and save more this summer. Having cash in your pocket gives you monetary strength and that earns you confidence. Just focus on the activities that don’t compel you to dispense more than you can or you should.

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