3 Ways to Manage Finances and Still Enjoy Summer Fun
Don't let a small budget stop you having fun this summer.
Not everydiv has a big budget for the summer, but when the kids are off they want to play. You also deserve a break and some time to do the things you enjoy. That doesn't mean you have to blow your budget. It is possible to manage finances, stay on track and still have fun in the summertime. Here are three effective ways to do it all.
Start Saving Now!
Now is the best time to start saving. Look at your family budget and see if there is any wiggle room for summer fun. Look at your other savings and see if you can take a small amount out of each of them to save for the summer. For example, saving $20 instead of $25 per month for the emergency funds could be doable right now. Saving $100 instead of $150 for your retirement temporarily could also be a possibility.
This is all about managing your finances well, so you need some type of software to keep track of your budget each week and month.
Once the summer is over, you will need to consider a summer savings plan. This will help you plan for next summer.
Next Step: Download Mint.com's free software now, so you can track your budget on the go.
You can have it all with a bit of planning and finance managing.
Look for Free Things to Do
There are plenty of free activities to do. You don't need to spend a fortune on the caravan holidays to have a good time. Take a trip to the park with the kids, or spend the day at the museum in your city. Many museums and art galleries are open all year round for free, and will ask for donations instead. The best thing is many now put on exhibitions, and some are even free to see.
If you live near a beach, why not take a trip there for a day. You can have fun in the water, make sand castles and even play ball games with your friends and family members.
Leave the Credit Cards at Home
Don't be tempted to spend more on your fun days by having the credit cards there. Do you really want your fun days to land you in debt that you will be paying off for the next 12 months? Set a budget, and make sure you stick to it afterwards.
Manage finances by splitting up the budget between the number of days you will have fun. You could choose to split the budget between people in the family, so each person has a certain amount to spend during the weeks they are off work or school.
Your summer fun does not need to get you into large amounts of debt. It is all about carefully managing your finances to find ways to afford it all.
Next step: Mint can help you manage finances easily. Download the free software right here.
Alexandria Ingham is a freelance writer with experience in technology, internet marketing and personal finance.