Summer is halfway over, but that doesn’t mean you still can’t save some money in the last few hot months by following a few tips and tricks.
Sure, it may be a lot easier to find yourself spending money during the “fun” months, but just because you want to tighten up your wallet a bit doesn’t mean you have to lose any of the fun.
Let’s take a look…
Look for Free Things to Do
You’d be surprised how many free events go on in all of our communities that we may not even realize. From outdoor concerts where the kids can run in the grass, to movie nights, to long days at the beach, you don’t have to empty your wallet every day you and the family head out for some fun.
Don’t forget to check local museums as well. Many of them have free exhibition days, or no charge for children.
Leave the Credit Cards at Home
Let’s be honest, it’s a lot easier to justify a large “spur of the moment” purchase when you have a credit card on hand. It’s a lot more difficult if you’re either paying with straight cash or have to hit up the ATM with your debit card.
Establish a Special Summer Activity Budget
Budgeting for fun doesn’t necessarily take all of the fun out of having fun. By putting aside some funds now (or a few months from now to plan for next year) it’s a lot easier to come up with the money for day trips, amusement parks, and more.
Compare Prices when you Travel
It’s easy to look at the first good deal on that discount hotel site and think that you’ve got the best one. Take some time to go through as many options as possible to get the real best price before planning out your overnights.
Power Down on Energy Expenses
That summer air conditioner is probably gonna be on no matter if you want to save money or not, but believe it or not, there are some easy to ways to save on energy throughout the summer. Keep your lights off as much as possible and use the extra daylight hours. Grill outside more to save on washing dishes or using the stove and oven. Dry your clothes in the warm summer air. A little bit can go a long way.
While the summer is coming to a bit of a close, keep in mind that it’s smart to start planning for next summer well before next summer arises.
As always, contact the McLean team of Steel Valley Investment Group for information on how you can reach your financial goals.
Views expressed are not necessarily those of Raymond James & Associates and are subject to change without notice. Information contained herein was received from sources believed to be reliable, but accuracy is not guaranteed. I There is no assurance these trends will continue or that forecasts mentioned will occur. Investing always involves risk and you may incur a profit or loss. No investment strategy can guarantee success. Raymond James & Associates, Inc., Member New York Stock Exchange/SIPC Raymond James & Associates Top 40 Under 40 recognition is based mainly on assets under management, education, credentials and fiscal year production. Requalification is required annually. The ranking may not be representative of any one client's experience, is not an endorsement, and is not indicative of advisor's future performance. No fee is paid in exchange for this rating.