During the summer, saving money may seem like an impossibility. Utility costs are high, you have vacation to consider, and with the kids home, you may have increased entertainment costs to go alone with it.
Fortunately, summer doesn’t have to be the most expensive part of the year. These tips will help you save money and protect your budget through the hot summer months.
1. Turn Your Thermostat Up
You want to be cool and comfortable inside, but you don’t want to deal with excessive energy bills, either. Take a look at your thermostat. For every degree up you take it during the hot summer months, you can save as much as 1-2 percent on your energy bill. By turning up the thermostat just a couple of degrees, you can experience cost savings without feeling as though you’re going to sweat your way out of the house.
2. Take a Look at Free Local Activities
Are the kids climbing the walls, in desperate need of something to do? Are you tired of feeling as though it costs a fortune to entertain them–or you? Take a look at the free activities available in your neighborhood this summer. Consider festivals, markets, and local events. Your local library may host story times or their own events, too.
3. Invest in Seasonal Tickets
Visiting the zoo, an aquarium, or a theme park can quickly grow expensive, especially for a big family. On the other hand, season passes often pay for themselves within a couple of visits–and you can go as many times as you like, all summer long. Pick the place you and your family love visiting most, and invest in passes that will keep you coming back all summer. It may surprise you just how much more you learn about your favorite locations when you’re able to go as often as you like!
4. Check Out Local Farmers’ Markets
Want to save a little money on your food budget? Pay a visit to your local farmers’ market. Often, you’ll discover great deals on in-season produce. If you want to make your dollars stretch a little further, check out bulk buys on peaches, tomatoes, berries, and more. In many cases, you can put up preserves, can fruits or salsa, or freeze your produce to make it last long after summer is over.
5. Plan Ahead for Road Trips
Heading out on the road for some great family fun? Plan ahead! Pack a cooler full of drinks and a bag full of snacks before you leave. Not only will this make it easier to stick to your regular diet, preventing both added calories and stomach upset, it can prevent you from grabbing expensive gas station snacks or stopping for food along the way.
6. Look for Ways to Make Some Money
Summer doesn’t have to be all about spending money. It’s also a great time to make it! Consider how you can kick out summer boredom and make some extra funds at the same time. Host a garage sale, put together goodies for a bake sale, or host a lemonade stand: there are plenty of options that will allow you to make a few dollars on the side while still having plenty of summer fun.
7. Cook Outside
When you cook indoors, you’ll trap heat from the oven or stove inside, which means that your air conditioner has to work harder. Why not cook outside instead, saving yourself a little money on your electric bill? Not only that, cooking over the grill or over the fire could help you save a little money on your meals, too, since you may make more practical choices.
Are you ready to start saving money this summer? We can help. Contact us today to learn more of our great money management tips.
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