Summer with your kids can be great without breaking the bank! Because summer camps, childcare, and sports leagues can get expensive, it’s helpful to remember a few tips to save money and still have fun this summer.
Before the summer gets into full swing, make a financial plan. Create a budget and determine how you will allocate money for summer activities. Depending on your child(ren)’s age(s), you can discuss the budget with them as you make the plan. This is a great opportunity to teach them about money, and it may even be a good time to talk with them about doing summer work for an allowance.
Vacations are great, but they can get very costly. As an alternative, consider staying home for vacation this year. You can still have a fun week by experiencing everything your town or a neighboring town has to offer.
- Pack a lunch and go to the park.
- Check to see if there are any local free outdoor movie nights.
- Go to the library for free kids programs.
- Visit a summer festival or a museum.
- Turn on the sprinklers in the backyard for your kids or send them on a neighborhood scavenger hunt.
If your kids tell you they’re bored, encourage them to use their imaginations.
- Keep craft items on hand like Popsicle sticks, pipe cleaners, glue, and glitter.
- Ask your kids to put on a play and create their own props and costumes from what can be found at home. If they like to write, ask them to write a story for you. If they like music, request that they prepare and put on a concert for the family.
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Categories: Budgeting, Finances, Spending