The heat isn’t the only thing that climbs each summer – expenses can too.
It is so easy to overspend during the summer. With more spare time, and the hope of keeping everyone entertained, your money can dissolve like a popsicle in a toddler’s fist.
You CAN be a summertime superstar
Try these three tricks to become a Summertime Superstar and curb summertime spending:
Bring back “You Pick 2”
We suggested it for Spring break and you all loved it. What about doing it over the summer? This approach will surely appeal to all of the Money Personalities in your household. Savers and Security Seekers get their limit and their list. The Spenders, Risk Takers, and Flyers get to spend, have adventure, and have “together” time. Click here to learn more about the “You Pick 2” approach.
Know your child
Not every kid wants to go somewhere every day. Some kids are happy to stay home and play with friends. But some kids do crave more adventure and enjoy outings that cost money. Plan ahead and create a balance. Talk through the fun things you have planned for this summer scheduling a mix of free and not-so-free activities. For you Saver inspired folks, check out Mr. Free Stuff’s list of 120 Free Things To Do with Kids This Summer.
Check in weekly
If you set expectations with each other on Sunday night before the week starts with a quick “check in,” it will be easier to stick to your spending plan that week. The stay-at-home types will be able to gear up for the planned outings, and the adventurers of the bunch can anticipate how epic the next big thing will be.
Here’s to a stress free, fight free, glorious summer!!
Make it Happen!
Scott & Bethany
The Money Couple®
Creators of The 5 Money Personalities™
Here’s some additional resources to help you create a stress free, fight free, glorious summer:
Scott & Bethany Palmer are regulars on national TV and radio and speak internationally about The 5 Money Personalities™. To learn more about your Money Personalities, get FREE resources, and take the free, scientific assessment, visit TheMoneyCouple.com or pick up a copy of their book The 5 Money Personalities: Speaking the Same Love and Money Language.