Summer Spending Tips

1. Visit during the off-season.

If you can’t swing Thanksgiving in Arizona or Christmas in the tropics, summer’s your time to visit. Destinations like these, that draw big crowds in winter, tend to slow down in the hotter summer months. If you can take the heat, you can snag some great deals during the off-season.

2. Try camping.

If you stock up on all of the newest gear, even camping can be expensive, but many outdoor retailers rent all the basic equipment you’ll need for a campground getaway. Some even
offer free workshops to show you the ropes of pitching a tent and using a cook stove.

3. Skip the cash gifts.

While it’s true that cash is a one-size-fits-all gift, it’s not very personal. And if you’ve got lots of friends and family to remember, you could easily zero-out your checking account. Instead, consider giving a book that’s been influential in your life, fresh flowers from your garden or baked goods made from scratch.

4. Make it a potluck.

Backyard barbeques are a summer staple, but when you’re footing the bill for everybody’s burgers, sides, drinks and desserts, the tab can run high. Next time you play host, ask your guests to bring something. Most people love to pitch in on a party and even non-cooks can help by bringing things like soft drinks or ice.

5. Give a family heirloom.

If you’ll be attending the wedding of a family member, think about putting together a cookbook of family recipes. Or perhaps it’s time to pass on a family heirloom, such as a piece of jewelry. You can give a great and meaningful gift without spending a lot.

Article adapted from BALANCE financial education resources.

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