Summer on a Budget

Who says creating those core summer memories needs to be expensive? If you are concerned about rising interest rates or finances in general, know that you can still have an epic summer on a budget.  

Start with creating a summer bucket list, especially if you have children.  If you list everything important to each family member to do over the summer, then budget and plan accordingly. Setting these intentions together will help you fulfill family expectations without overspending.

If you normally book a cabin or cottage rental in a popular summer destination, why not consider camping instead? Camping in a trailer or RV can be cheaper than a cabin or cottage rental, but camping in a tent is even less expensive and can build lasting memories.

Another fabulous option for summer vacations is to consider a house swap. If you and a friend in another area swap homes for a week or weekend, whatever it may be, it will save you money and still provide that incredible holiday. Make sure there is some overlap so you can catch up too.

Packing a picnic and going to the beach is a cheap way to enjoy the hot summer days. If you aren’t near water, go to a pool, or inflate one in your yard or deck. Even a small one for your feet can be a great way to enjoy the evening.  

Don’t forget to check out what your local community is doing to celebrate. Your city or town likely has a celebration or festival that would be inexpensive to partake in; you can even check out neighbouring towns.

Potluck and themed BBQs are great ways to gather without breaking the bank. Take turns hosting with your family or friends, or make it a potluck.  

Other things like taking road trips instead of flights, vacationing nearby instead of far away and my personal favourite - extending your summer. Instead of competing with other like-minded tourists in hot spots like the Island and Okanagan in the summer, take your holidays just before or just after to enjoy a cheaper shoulder season and fewer crowds.

For more tips to help you with your finances, see Keeping an Eye on Your Credit…