written by
Sandra Dedeyne

Top Money Saving Tips This Summer

finance 3 min read
money saving tips
monePhotographer: Blake Wisz | Source: Unsplash

Follow these top money saving tips this summer: Saving money in the summer can be quite a challenge, especially with the nice weather and lots of outdoor activities to take advantage of. However, it is possible to save some money in the summer. If you want to learn how, check out our useful guide below.

Money Saving Tips 1: Create A Summer Budget

One dollar bill by the wall
Photographer: NeONBRAND | Source: Unsplash

Expenses between summer and winter can vary greatly, so it is certainly a good idea to create a dedicated budget for summer. The budget should involve your regular expenses, but also the budget for any vacations you have planned. Instead of just spending, creating a maximum budget for special activities can help you put some money on the side.

Money Saving Tips 2: Find Discount Holidays Early

Summer in Paphos
Photographer: Natalya Zaritskaya | Source: Unsplash

Booking a vacation is undoubtedly needed during the summer, but how much do you want to spend. If you book your vacation early, there are plenty of special deals to take advantage of; this may include cheaper airfare or even a cheaper stay at a hotel.

To book your vacation, always make sure you have your budget on the side. Do not spend more than your maximum allocated budget. Remember, your budget must cover your hotel, transport, as well as your expenditures while you are on vacation.

Money Saving Tips 3: Manage Your Air Conditioner

The cost of running an air conditioner can take a serious chunk out of the budget of many households. Much like evaluating the use of heating in the winter, you should certainly evaluate how you use your air conditioner. Is your air conditioner working too much? Or maybe it is not working efficiently enough.

Even though it may be an investment originally, making your air conditioner more effective can save you money in the long run. If your air conditioner is constantly running because it has the wrong capacity for your home, you could benefit by getting an upgrade.

Money Saving Tips 4: Benefit From Outdoor Cooking

You can avoid using your indoor cooker during the summer, as it is just as effective to use the grill outside. Instead of cooking indoors everyday, why not save some cash and switch it up with a barbecue here and there. Get in some fuel in bulk for a more attractive price and fire up that grill for a more energy-efficient dinner!

Money Saving Tips 5: Let Your Laundry Dry Outside!

There is no need to spend electricity on your dryer during the summer, because the weather is nice enough to air dry your clothing. Yes, it may require a bit more effort on your part, but it could save you big on your electrics bill for months to come.

If you do not like how your clothes feel after air drying them, you can still pop them in the dryer for approximately five minutes. Doing so will give you that same dryer feeling, but you will still save big on your electrics bill!

Money Saving Tips 6: Find Cheap And Free Activities For The Kids

Saving money while you have a couple of kids running around is never easy, as kids need to keep themselves entertained when there's no school. However, many parents do not realise that there are tons of cheap and free activities to take advantage of, which could prove a whole lot better than expensive summer camps.

If you have quite a big garden, you have cheap entertainment nearby that can last for the entire summer. Get some outdoor games the kids can play or invest in a decent kid's pool that can last for years to come.

Parents who do not want their kids to miss out on the summer camp experience could consider a more affordable alternative, the day camp. Day camps have become quite popular in recent years and still provide that camp experience; this includes your children being able to socialise with their peers.

Finally, make sure you join your local library. Reading is a fun activity for the kids, especially when it rains outside. While the weather usually stays quite good during the summer, you want to be prepared for those bad days at well. A library provides the kids with some free entertainment and hours of fun.

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