Summer Money Saving Tips

Summer Money Saving Tips
  • Opening Intro -

    You've waited for summer all year long, but if you haven't budgeted for pool memberships and beach trips, don't fret.

    At Home Improvement Leads, we know you want to make the most of your summer, but it's challenging when your budget is limited and deals are tough to find.

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By: Danielle Hegedus

Read on for five tips to help you save money this summer so that you can enjoy the season without sacrificing your favorite parts!

Reap the Benefits of Spring Cleaning and Pick Up a New Summer Wardrobe

As the temperatures rise and you receive invitations to holiday parties and backyard barbeques, you may be tempted to splurge on some new, more summery items for your wardrobe. That’s fine, just hit up the thrift stores first. Spring cleaning has just wrapped up and the selection at consignment shops has never been better.

If you’re not sold on the idea of buying used clothes and accessories, check out reviews on sites like Yelp to find out which stores are clean and have a steady supply of new merchandise. Just make sure you set a budget before you go into the store, as it can be tempting to buy a lot of items (and way more than you need) when everything is priced so affordably!

Cut the Cable Cord

Eliminating your cable can save you up to $200 a month—and let’s face it, most of summertime TV is all reruns anyway. Downsize your cable package to internet only and stream your favorite shows or movies using more affordable services like Netflix, Hulu, and Amazon Prime.

Whether it’s movie night or just a rainy day, any one of those services will provide you with hundreds of hours of television shows and movies. The best part is that you probably won’t miss your cable when the summer ends, helping you save significant money all year long.

Skip the Theme Parks, Opt for Affordable Family-Friendly Activities to Beat the Heat

Though your family may want to hit up the theme parks, summertime means long lines, in usually uncomfortably warm weather. Plus, a lot of these parks use “peak” pricing during the summer, so admission alone for a family of four to the Magic Kingdom, for example, can cost you just under $500. That’s a lot of money and that’s not even accounting for meals at the park, souvenirs, and travel costs if necessary. 

Instead of hitting up the theme parks, opt for fun activities that you may not find time to do during the school year. Hit up your local bowling alley. Each of your kids (up to 6) can qualify for up to two free games this summer. If your kids are younger, check out local story time offerings at your local library. If movies are more your thing, Cinemark is running an amazing deal this summer. Through their Summer Movie Clubhouse program, you can bring your kids to ten G or PG rated movies for only $5.

bowling

Reduce Your Energy Costs

It’s tempting to crank the AC as temperatures rise, until you get your first electric bill of the summer! Before you panic and turn your home into a sweat lodge, consider some simple solutions to keep your home cool. For instance, if you’re not using a room, keep the blinds closed so that the sun doesn’t have a chance to heat it up. You might also want to reserve baking for early in the morning when it’s cooler outside and stick to grilling outside in the evening to prevent your oven from heating up your whole home.

Also try increasing your regular preferred temperature just a bit, especially if you’re sleeping underneath a ceiling fan or out for most of the day. If you have a hard time remembering to adjust your thermostat, consider investing in a programmable thermostat. Adjusting your temperature by just 7-10 degrees for 8 hours a day can save you 10% on your heating and cooling bills throughout the year. That may not seem like a lot of money, but it could be the gas money you need to get you to the beach.

Bring Back the Potluck

Want to entertain, but the thought of providing catering or buying and preparing food for 10-20 people gives you a financial panic attack?  No problem. Post a menu online using Evite or Facebook and ask your guests to sign up to each bring an item. Chances are, your friends are up for a party, too, and asking them to bring a pack of hot dog buns definitely won’t bust their budget. Bust out the board games for entertainment, or if you’re expecting children, turn on some sprinklers for a simple, fun, affordable backyard water park experience.

Money Management reference:

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