Krazy Deal Daze: money management

Monday, June 21, 2021

Tips on How to Budget for a Great Summer

How to Budget for a Great Summer

This post contains paid affiliate links, please read our Advertising Disclosure Statement.

Tips on How to Budget for a Great Summer

Summer is such a wonderful time of year. The kids are out of school, the weather is nice, and there's a grand feeling of fun and excitement that comes with the season. With so many choices for recreation, however, you may find it challenging to fit everything you want to do within your budget. Thankfully, if you plan ahead, you can enjoy all the advantages of summer without breaking your bank!

Take in a Matinee

Many of the most exciting film releases of the year occur in the summertime. Many summers, you can see a new movie every week for the entire season. Seeing an afternoon showing offers a way to beat the heat and relax. You can see the latest releases and often pay half-price compared with an evening showing!

Some movie theaters such as Regal, Megaplex, Cinemark and AMC to name a few, offer summer specials for family-friendly movies, check with your local theaters to see if they offer any of these summer specials.

For even more savings at the movie theater, cut back at the snack bar. Your waistline will thank you, and so will your pocketbook. Your afternoon at the movies will be just as satisfying.

You can save even more with a movie rental subscription. That way, you can sit back and relax in the comfort of your own home and still enjoy an inexpensive evening of entertainment.

Take Advantage of Group Rates

Many theme parks and attractions offer a family package or discounts for groups of a certain size. Sometimes, you have to ask for the group rate. But if you're planning an outing with friends, you can stretch the money you save on a group rate and enjoy more of the activities that the summer has to offer.

Airlines and hotels frequently offer family or group rates for travel during the summer as well. If you're planning to travel this summer, shop around for the best bargains and save yourself some cash.

Think Local

In the summer months, many travel far away in search of adventure. In many cases, you can experience a similar adventure without venturing too far from your home. Save money on hotels, plane tickets, and baggage fees by exploring all that your local area has to offer this summer.

If you're not sure about what fun things are available in your area, try searching the Internet for your city's name and "tourism." You might be surprised to find that the adventure you seek is right in your own backyard!

Browse for Deals

Shopping around for the best deal is important when traveling this summer, but it can also save you money close to home. Stiff competition in your neighborhood could cause restaurants, diners, and attractions to offer great specials to steer you away from the competition.

Bowling alleys, golf courses, zoos, and many other fun summer activities often have summer deals for customers. If you invest a little time to search for these deals, your friends and family can often enjoy an outing together for much less than you would expect.

Know Your Limits

Summer offers many recreational choices. Sometimes, however, the best option is to say no. Your body needs rest, and so does your mind. Choose the activities that best fit your interests, and say no to the others. You'll experience more energy and peace within yourself while saving money at the same time.

Summer can be an expensive time of year, but it doesn't have to break your budget. By making wise choices with your money and slowing down a little, you can enjoy summer recreation and save money at the same time.

Thank you for stopping by and checking out our Tips on How to Budget for a Great Summer! What budgeting tips do you use? Be sure to let us know in the comments below! If you enjoyed this post, we’d be very grateful if you’d help it spread by emailing it to a friend or sharing it on Twitter and/or Facebook. Don't want to lose this? Pin it on Pinterest so you can get back to it later!

Have a great day!

Other Krazy Deal Daze Post You May Be Interested In:

Thursday, March 18, 2021

Top 10 Budgeting Strategies To Help You Curb Overspending

This post contains paid affiliate links, please read our Advertising Disclosure Statement.

Top 10 Budgeting Strategies To Help You Curb Overspending

At Krazy Deal Daze were not just about spending money on Krazy Deals!

In the event that your spending habits have you digging for pennies before the next payday, it might be time for a change. Unfortunately, running out of cash before payday, especially if you do it over and over, can cause a lot of undue stress that can negatively affect not only your pocketbook but your health as well.

However, all hope is not lost and you can reduce this stress and get back on track with your finances by reevaluating and altering your spending habits.

So how can you accomplish this?

Try these budgeting techniques:

1. Make a Master List. The first step to any well-thought-out action plan is to develop a list! So you’re going to start by making a list of all your loan payments and credit card bills. You’ll expand your awareness about the number of creditors you have, the total amount you owe, and the due dates of your monthly payments.

· On the list, have 5 columns: the name of the creditor, your monthly payment, the due date of each month’s payment, the amount of interest you’re charged, and the total amount you owe.

2. Add other monthly expenditures to your Master List. Next, list things like your rent or mortgage payment, grocery costs, gasoline costs, and anything else you pay monthly. Estimate the amounts for your cable, water, garbage, cell phone, and utility bills, using last month’s statements. Your Master List should reflect all your outgoing expenditures.

3. Establish priorities. Which bills do you see as the most important? Mark them in some way by highlighting or circling them.

· Don’t know what bill has the highest priority: A good place to start is your housing! Your rent or mortgage should always be at the top of your list. If you require transportation to get to your job, then I would personally have that as my second priority! If you can’t get to work, that can definitely hinder your ability to make the money to pay the bills.

4. Survey the remaining bills. In looking at these non-priority bills, you can most likely discover some areas in which you can lower your costs.

5. Examine frivolous expenditures. Are you spending $50 a week on fancy coffees? Do you stop after work for a few beers with co-workers two or three days a week? Are you going out to eat or ordering takeout more than two times a week? If so, consider the amount of money you spend on these sorts of activities. Which expenditures can you reduce? Which can you cut out completely?

6. Call your credit card and utility companies to request lower interest rates or payments. Make a notation on your Master List of the reduced rates and/or payments you receive. Also, note any companies that refuse to reduce your rates. Remember it never hurts to ask and the worst that could happen is they simply say no. Make the decision to stop using credit cards with high-interest rates.

7. Take decisive steps to reduce your expenses. For example, if you’re paying out $200 a month for premium cable channels and they are unwilling to reduce your bill (In my personal experience they have always reduced my bill when I call and ask for a lower payment), you have the power to cut your cable bill by removing the service completely.

8. Determine how you can bring in additional dollars. You could consider getting a second job. There are other money-making opportunities you could consider as well. Are you a crafter? Sell your crafts on Etsy. Do you have a lot of items around your house that you don’t use or need anymore? Host a yard sale or list the items for sale on a community marketplace site like Facebook marketplace. Use cashback apps and extension browsers such as Fetch Rewards, Ibotta, Honey, and Rakuten when shopping for necessities. Then, use the extra money you earn to pay off debts. Recognize you do have the power to change things.

9. Keep your Master List with you throughout the day. Each time you’re about to make a purchase, glance at the list and reflect on your bills and financial goals. Ask yourself if you truly need what you’re about to purchase. Allow yourself to feel proud about this new routine.

10. Record your thoughts and feelings about the changes you’re making. It’s a challenge to try to change something about yourself, and how you manage your finances is no different. Write down how you’re feeling about adjusting your spending habits. It also helps to write about your financial goals, why you are trying to pay down your debt, why you’re trying to save money, and what are the financial goals you’re working towards. Be optimistic that you can and will change your financial situation.

If you consistently find yourself running out of cash and struggling to pay your bills, vow to follow these strategies to change your spending behaviors. You have the choice to alter your financial habits in powerful ways. You can do it!

Thank you for stopping by and checking out our Top 10 Budgeting Strategies To Help You Curb Overspending! Which tip was your favorite? Any other tips you'd like to add? Be sure to let us know in the comments below!

If you enjoyed this post, we’d be very grateful if you’d help it spread by emailing it to a friend or sharing it on Twitter and/or Facebook. Don't want to lose this? Pin it on Pinterest so you can get back to it later!

Have a great day!

Other Krazy Deal Daze Post You May Be Interested In:

Most Recent Post

Monday, June 21, 2021

Tips on How to Budget for a Great Summer

Thursday, March 18, 2021

Top 10 Budgeting Strategies To Help You Curb Overspending

Top 10 Budgeting Strategies To Help You Curb Overspending

However, all hope is not lost and you can reduce this stress and get back on track with your finances by reevaluating and altering your spending habits.

Try these budgeting techniques:

Popular Posts