It’s that time of year which is beloved by so many – summer. With the temperatures increasing, it’s one of the only times of the year where we can get outside and enjoy the weather. Unfortunately, it’s also a period which can get very expensive – especially if you have kids.
According to one study, each child staying at home for the duration of the school holidays sets parents back about an extra £126 per week. Therefore, for the average family, they could be looking at an additional cost of as much as £1,500 for the summer.
Fortunately, this period doesn’t have to be completely extortionate – there are lots of little ways you can help cut the cost. Here are six of our favourites.
Summer doesn’t have to be heading from one expensive event to the next. In fact, there are lots of free events available. From museums to libraries, you’d be surprised at just how much fun you can have without spending anything.
It’s also worth checking in with your local council. Usually, they have good events lined up.
Finding activities to do in the summer isn’t that difficult. Finding these at affordable prices though requires some digging. Fortunately, with enough investigation, you can find bargains to reduce the cost during this period. From deals on accommodation to bargain tickets, it’s all available if you know where to look.
It would be a shame to not take advantage of the nice weather during this time. From hikes in the countryside to park runs, it’s a great opportunity to get some vitamin D. Still, if you’re near a local park, you may wish to see if they offer a free tennis scheme.
Even if they don’t, a trip into the great outdoors should keep you and your family busy for a few hours.
If you’re doing more exercise outdoors – combined with a few hikes or sports – it’s worth asking if you need a gym membership during the summer. After all, the average gym fee is around £40 a month. Therefore, if you can put this on pause until the winter, you could save yourself a few quid.
Drying clothes in a tumble dryer costs about 35p per load which, ultimately, isn’t much. However, a family using this on a regular basis through the summer could see the cost of their energy bills increase for no good reason.
As the weather can get very hot in the summer, it’s even possible nature can dry clothes quicker than the dryer. As a result, unplug the dryer through the summer and hang clothes out instead. It’s a small saving – but might just pay for the cost of your next meal out.
If you’re lucky enough to be going on holiday this year, it’s worth considering what you should do with your home while you’re away. Although you could leave it vacant, you can turn to websites such as Airbnb to get a temporary tenant. Reportedly, if you do this while you’re on holiday, you could make an average of around £69 per night.
Go away for a full week and you could earn almost £500. Of course though, this will depend on the location and state of your home.
Although summer can be an expensive time, it doesn’t have to be. With the right planning and budgeting, you could save money. Still, even we know that this sometimes is just not possible.
No matter how hard you try, sometimes your finances can become unmanageable. In this situation, we may be able to help through a debt solution known as an IVA.
For more information, get in touch today. Hopefully, we can help cut make summer a lot more affordable.