When you’re a kid, you love summer because you get a break from school. Then, once you get older you might actually grow to hate that about summer. But one of the best things about summer when you’re an adult is that it’s an easy time to cut your budget if you go about it in the right way. Here are some ideas to help you cut your expenses this summer:
Food and Groceries
Summer is when the majority of fresh fruits and vegetables are the cheapest and the tastiest. Take advantage of this by buying fruits and vegetables while they are in season to help you save money on your grocery bill.
Additionally, when it’s hot out in the summer your body will naturally not want you to eat as many calories, especially in the form of fatty or high carb foods, which are often more expensive than lighter foods like fresh produce and lean proteins like chicken. You can use your body’s natural reaction of eating less food in the summer to trim a few more dollars from your budget.
When the weather is nice, communities are more apt to have events that are free to the public. In my friend’s hometown, for example, there is a free picnic in the park with live entertainment every Wednesday afternoon. You can bring your own food or buy lunch from a local group who uses the event as a fundraiser. The group raising funds from the lunch cart varies each week and includes some great causes, like the Boy Scouts, the Rotary club, and the local food bank. Either way, this event is pretty cheap to attend each week and is a good break from the “norm”.
As my twins get older I’m sure we’ll take advantage of free youth programs at the public library. Most community libraries have some kind of summer reading program for kids with books, activities, and prizes. This is a great way to encourage your kids to keep learning over the summer and entertain them for free.
Depending on where you live, early and late summer are great times of the year to save on utility costs because you can likely get away without having to run your heater or air conditioner for several weeks. When your utility bills are lower you can use that money to advance your progress toward your financial goals by putting it in savings, or using it to pay off debt. If you are not lucky enough to live in a place with mild summer temperatures, do your best to keep your home as warm as you can stand it without suffering. A programmable thermostat is also a great way to save money because you can program it to be cooler while you are home and warmer while you are away.
Ultimately, there are many benefits to summer and these are just a few of the ways you can cut your expenses.
What other ways can you think of to save money this summer?