A quick guide
School is out for children, and the weather is warm, which means the summer can be the most expensive time of the year for many people. Between paying for extra summer activities, daycare, vacations, higher electricity bills, and more, the summer means you may be spending more money than usual.
However, that doesn’t always have to be the case!
For us, the summer months are actually some of our most affordable months. We are already fairly frugal people, but there are many things that happen in the summer that make it even more affordable for us; such as, better weather for fun outdoor activities and free festivals to attend.
Enjoy the outdoors.
In many places, the summer can be a great time to enjoy the outdoors.
Getting outside is always a great way to save money in the summer, no matter where you live. There are plenty of outdoor activities that you can enjoy, like going for a hike, setting out for a camping trip, walking your dog, riding your bike, going for a swim, going on a run, having a BBQ, and more!
The options are endless.
Combine your errands.
I’m the type of person who regularly combines all of my errands, no matter what the season is. If I need one thing, I will wait until there are more things on my to do list. This is good because it saves me valuable time, and I’m not wasting money on transportation.
Ride your bike to do errands.
If you have errands to run, you may want to ride your bike to complete them. This is a great way to save money in the summer because you can get in a good workout, enjoy the weather, and complete an errand all at the same time.
Cancel your gym membership.
If you aren’t using your gym membership, then you may want to think about canceling it and saving your money.
There are many summer activities that can provide a great workout. And, if it’s too hot to go outside, you can still work out in your home for free. Plus, that AC you are already paying for will keep you cool! For some people there are positives to paying for a gym membership, but the majority of those with a gym membership do not get their money’s worth.
Travel on a budget.
Summer is a popular time for most families to travel because children are out of school. Before you think that you have to break the bank in order to go on a fun family vacation, here are some tips for saving money in the summer while traveling on a budget:
- Be flexible with your flights.
- Travel in the mid or off season.
- Use Travel Reward from your credit cards.
- Stay in an Airbnb for budget travel.
- Look for online discounts
- Find free campsites.
- Eat like a local.
- Buy groceries and eat out less.
Turn your AC up a few degrees.
The summer means it’s hot outside for most of us. But, you may be able to save a little on your utility bills by turning your AC up just a few degrees. To save money, I recommend setting your thermostat at 23 to 24 degrees when you are home. When you are going to sleep, or if no one is home, then you may even want to raise it a few degrees more.
Doing this can save you around 10% or more on your next electric bill.
Get rid of cable.
The average monthly cable bill is around $120. Instead of paying for high cable bills, you may find it easy to save money in the summer by cutting your cable and heading outside for less expensive entertainment.
Shop second hand.
The summer means it’s garage sale and flea market season, so if you are looking for something to buy this summer, you may want to first search around at garage sales, flea markets, and more.
This can also be a fun way to spend your morning while allowing you to save money in the summer on the things you need and want to buy. I have many friends who love going to garage sales and flea markets, and because things are so cheap, it may be worth it to you.
Find free fun.
Free fun is probably the best way to save money in the summer. I recommend checking out your town’s calendar and website to see what free attractions and events are offered. In many towns, there may be free festivals, free concerts, or perhaps take a drive to the PNE.
How are you saving money in the summer? Do the summer months tend to be expensive for you or not?