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6 Ways Summer Can Save You Money

May 30th, 2016 · No Comments · Saving

by Staff

6 ways summer can save you moneyTis the season for getting out, having fun with the family, and tackling new projects at home. Just don’t let it break the bank (or hurt your credit). In fact, find ways of using summer to save you money instead — good for your bank account (and credit repair efforts).

1) Stay out of stores and hit up yard sales instead

Whether you’re looking for something specific, or just shopping around, yard sales are a great way to discover gently-used, quality items at deeper discounts than anything you’ll find in the store. If you already know a neighborhood where there tend to be yard sale signs on every corner, start there. Or be more strategic about it, searching Craigslist for yard sales in your area, as well as the kind of items you can expect to find there.

2) Make a little extra cash off ridding out your own stuff, too

Go through everything in your home with a fine-tooth comb. If you don’t love it or need it, let it go! Host your own yard sale or try selling things online. Amazon, eBay, and Craigslist are good go-to’s for selling (or buying) pretty much anything. For clothes, though, try clothing-specific sites first, like Threadflip and Poshmark, especially for trendy items in good shape.

3) Add these authors to your summer reading list

These are personal finance experts whose books everyone needs on their shelves, from Suze Orman and Dave Ramsey, to Warren Buffett and Robert Kiyosaki. Check out this list of recommended titles, most of which you can find in audiobook form, if you prefer.

4) Only take vacations you can pay for with cash

Maybe it’s a day trip out of town. Maybe it’s a weekend getaway. Maybe it’s a week-long camping trip. If you need a credit card to buy you a few weeks until you have all the cash on hand for your trip, that’s fine. Just be sure to pay it off right away.

5) Play hometown tourist instead

You don’t have to get away to feel like you did. There are probably plenty of things to do right there in your hometown that you’ve either never done, or haven’t done in ages. Start at your local Chamber of Commerce. You may be surprised to discover things to do you never knew or have simply forgotten about, many of which are cheap or free, from museum tours to nature trails.

6) Tackle a financial project

Try this for a better budget. This to get your credit in check. This for creative ways to mind your money (e.g., journaling, positive affirmations, and vision boards). And this for smarter home energy use.

Any other summer saving tips you’d add to the list?