Limit Summer’s Effect on Your Wallet

Try these tips to have fun for less this summer!

Try these tips to have fun for less this summer!

Summer is great. It’s also working against your wallet.


How? Days are longer, the kids are out of school and the warmer weather keeps us out and about. All of this results in more money flowing out of our checking accounts without increasing the amount that is going in. What are you to do?

The best solution is to have a plan of action. Here are five things you can do to reduce the amount of spending you do this summer.


  1. Get in the right mindset– Anna Newell Jones, author of the “And Then We Saved” blog, paid off $23,600 in debt in 15 months. How? One of her largest motivators was finding fulfillment without spending money. She wrote down three things she was thankful for every day as a way to teach herself to be content and to stop searching for “more” and “better.”  Take a page out of Anna’s book and try to focus on the great things you already have.
  2. Clear out your mind and your home- kick off your savings quest with a spring cleaning session, recommends financial writer Kali Hawlk. Not only will this help you in selling things you need and finding things you forgot you had, but it will also help you re-tune your wants.
  3. Try out “no-spends”- build up your savings account by trying out a days, weeks, or, if you can, months of no spending. While you may not hit your goal of spending nothing, focusing on spending less will help.
  4. Look for budget-friendly activities- church camps and activities put on by community organizations are often low in cost, so be on the watch for those. There are also plenty of festivals, outdoor parties and other events during the summer that may cost little or nothing for an evening of family fun.
  5. Do more of your own cooking- it’s so easy to “grab a quick bite to eat” somewhere or to take the kids out for dessert on long summer evenings. Instead, produce more meals at home. They are generally healthier, in smaller portions and more satisfying than $40 spent at a restaurant that can be too cold or too loud.


Most of all, be smart. Think about each purchase in terms of whether it is for immediate gratification or has long-term benefits for you.


We wish you good luck on your summer spending journey, and look forward to seeing you soon!


Raccoon Valley Bank, Member FDIC

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