Search

7 Ways to Stay on Budget This Summer

Between indulging in the summer lifestyle, travel and trendy new clothes, we all know the costs can seriously spiral upwards. These tips will help you plan your budget this summer.
7 Ways to Stay on Budget This Summer
7 Ways to Stay on Budget This Summer

Summer is here! Although the winter wait seemed like forever, we’re all glad that longer days and warmer nights are here. 

But, let’s be honest, as exciting as this new season is, it can get very expensive. Between indulging in the summer lifestyle, travel and flirty new clothes, we all know the costs can seriously spiral upwards.

We’re not even going to start talking about how expensive summer weddings are. But thankfully, you can stay on budget and even save a few coins — with these seven tips. 

Peek Through Your Finances 

The first step to budgeting this summer is to track your spending and assess your financial situation. In case you haven’t already, look through your previous bank statements and see if your spending has decreased or increased in any particular area.

If you have some exciting summer plans just around the corner, see if you can cut down expenses and save a fixed amount to bring your summer plans to life.

Anticipate, Save and Replace

Anticipate all the expenses you will be taking on this summer. The best part about summer savings is you can cut down on a lot of winter expenses like you won’t have to blast your heat or turn the lights on at 4 pm, also you don’t have to splurge on holiday shopping—unless you want to, of course. 

Play around with the numbers and your spending categories to see where you can free up money for summer expenses. Once you’re down on saving the winter expenses, you can spend it on your summer bucket list. 

Also Know : Protect yourself from Rainy day unexpected emergencies

Break Up Your Expenses 

Break up is not a happy word. But when it comes to budgeting it’s a wise word.

Summer does fly by, but being intentional with your plans, money and your time will do you and your wallet some good. Breaking up your plans is budget-friendly, it will help you prioritize expenses and prevent you from maxing out your funds.

Don’t Buy It, DIY It

When you’re tempted to shop for a new wardrobe each season, see how you can make use of what’s already in your closet. There are a ton of DIY styles you can create with what you already have. This summer you can look cool and cute without spending a dime. 

Earn Rewards and Cashback 

Stretch your wallets by earning rewards through your credit cards or other loyalty rewards programs. Earning cash back for everyday spending can be cashed in to help fund additional summer expenses. You can also use rewards points to sponsor your summer travels.

Summer Side-Hustle

Hustle hard this summer and up your budget by bringing in some extra cash flow. You don’t need to work your entire summer away, but there are some easy things you can do to make money on the side. You can babysit, or even tutor students over the summer, walk a neighbor’s dogs, mow lawns, deliver packages and so on. You can even land a job at the restaurant and pick up a couple of extra shifts per week, which would leave you with a few hundred dollars extra per month.

Go On A Spending Hiatus

Trying to tighten those purse strings? Consider a no-buy period. Other than gas in your car and groceries in your fridge and other absolutely necessary purchases for your home, try a no-spend week every month. The extra money that will accumulate in your bank account might surprise you.

Conclusion

Yes, it’s important to maintain a budget. Oh no, we used the most-dreaded “B” word! But seriously though, as important as it is to cut back on expenses you don’t need to sacrifice your plans or summer fun. You can still travel, eat out, entertain yourself, and even shop.

Was this helpful?

Did you like the post or would you like to give some feedback? Let us know your opinion by clicking one of the buttons below!

👍👎

Author

Picture of Shirlene Grace Isaac

Shirlene Grace Isaac

Shirlene puts words on the Internet because she loves to do so and also for the money! She is a singer, songwriter, occasional poet, artist and muser — all in the body of a 20 something. She's a taleteller of sorts often looking for opportunities to narrate stories untold.

Editor

This page is purely informational. Beem does not provide financial, legal or accounting advice. This article has been prepared for informational purposes only. It is not intended to provide financial, legal or accounting advice and should not be relied on for the same. Please consult your own financial, legal and accounting advisors before engaging in any transactions.

Related Posts

Brigit Alternatives
Apps Like Brigit – Top 15 Best Cash Advance Apps of 2025
While Brigit offers beneficial features like expense tracking and quick, no-interest loans, acknowledging its limitations is necessary. You can step up your financial game with Beem, the ultimate alternative to Brigit.
Apps like FloatMe
Best 14 Apps Like FloatMe For 2025
This comprehensive guide navigates through a selection of apps akin to FloatMe, highlighting their distinct functionalities and security measures.
What Is the Cost of Living in New Hampshire?
What Is the Cost of Living in New Hampshire?
What Is the Cost of Living in Washington?
What is the Cost of Living in Washington State?
To many outsiders, Washington will always be associated with 'House of Cards' and other political thrillers. But what is the cost of living in Washington State? Read on to know more!
New Cash Advance Apps 2025
5 Best New Cash Advance Apps: Top Picks for Instant Money Access in 2025
Cash Advance Apps That Work with Chime
Cash Advance Apps That Work with Chime: Top Picks for Quick Access to Cash
Explore cash advance apps that work with Chime. See detailed features that enhance financial flexibility. This comprehensive guide aims to tell more about it.
Features
Essentials

Get up to $1,000 for emergencies

Send money to anyone in the US

Ger personalized financial insights

Monitor and grow credit score

Save up to 40% on car insurance

Get up to $1,000 for loss of income

Insure up to $1 Million

Plans starting at $2.80/month

Compare and get best personal loan

Get up to 5% APY today

Learn more about Federal & State taxes

Quick estimate of your tax returns

1 month free trial on medical services

Get paid to play your favourite games

Start saving now from top brands!

Save big on auto insurance - compare quotes now!

Zip Code:
Zip Code: