Money Hacks: Ways to Spend Less this Summer
Here, are your helpful tips to make the most out of your money this summer and beyond.
Know When to Rent vs. Buy
Yes, it may be tempting to buy new camping gear or power tools during the more outdoorsy months. But, before you purchase a new pair of hiking boots or paddle board, ask yourself, “Is this a one-time-thing or am I going to be using this purchase often?” If the answer is a
one-time-thing, it’s time to rent.
Entertain More
Who said staying at home had to be boring? With the weather being great for barbeques and cookouts, throwing more get-togethers is a fun way to spend time with friends and family without breaking the bank. Plus, you don’t need to spend a fortune for your guests to have fun. That’s a win-win!
Plan and Budget Your Activities
Summer can trigger overspending. With more things to do and places to travel, it can be difficult to really know how much you’re spending. A good trick is to write down what you
plan on doing and how much it will cost. This way you can better manage your budget and still have fun.
Still Need Help Managing Your Finances? Contact Us Today
If you need a financial advisor to help you organize and manage your finances, don’t hesitate to reach out to First New York FCU’s Investment Services. Put our decades of experience to work on your financial goals and dreams.
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