Escient Financial

Saving Tips for the Remainder of the Summer

Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA
07/18/2023 08:11 AM Comment(s)



As the warm summer months continue on, many of us continue to enjoy the season of sunshine, relaxation, and fun-filled adventures. However, the summer can also bring about increased expenses, from vacations and outdoor activities to higher utility bills due to the need for air conditioning. And if you're working in the movie and/or television industry, you may have been adversely affected by the ongoing WGA strike and the new SAG-AFTRA strike that has shut down hundreds, if not thousands, of productions around the country.


But fear not! With a little savvy planning and smart decision-making, you can still enjoy a fantastic summer while keeping your wallet happy. Below are some practical and effective tips to help you save money during the summer without compromising on enjoyment, and also help you keep from running out of cash if you're currently out of work.


From clever ways to stay cool to cost-effective entertainment options, let's dive into these budget-friendly strategies that will make your summer a memorable and financially responsible one.

      • Plan outdoor activities wisely: Look for free or low-cost outdoor activities such as picnics in the park, hiking, or visiting local beaches instead of costly amusement parks or tourist attractions. Summer months also brings free concerts in the park in multiple locales and cities.
      • Use fans and natural cooling methods: Instead of relying solely on air conditioning, use fans, open windows during cooler parts of the day, and make use of natural shading to reduce energy costs. You can also take advantage of other locations that may be air conditioned, such as coffee shops and libraries.
      • Opt for homemade meals and snacks: Take advantage of fresh produce and plan your meals around seasonal fruits and vegetables. Cooking at home and packing your own snacks for outings will save money compared to eating out.
      • Shop sales and use coupons: Take advantage of summer sales and use coupons to save money on clothing, outdoor gear, and summer essentials.
      • Use public transportation or carpool: Save on fuel costs by utilizing public transportation or carpooling with friends or colleagues when commuting or going on road trips.
      • Find free or discounted entertainment: Look for free or discounted community events, concerts, movie screenings, or festivals happening in your area. Check local websites, newspapers, or social media for updates.
      • Save on utilities: Use natural light instead of artificial lighting during the day, unplug unused electronics, and adjust your thermostat to conserve energy and lower utility bills.
      • Host budget-friendly gatherings: Instead of expensive outings or parties, organize budget-friendly gatherings like potlucks or BBQs where everyone can contribute a dish or activity.
      • Utilize loyalty programs and discounts: Make use of loyalty programs, discount codes, and membership perks to save money on travel, accommodations, and recreational activities.
      • Take advantage of free resources: Borrow books, movies, or board games from your local library, explore free online courses or educational resources, and make use of public parks and recreational facilities for exercise and entertainment.


Remember, saving money during the summer doesn't mean sacrificing fun. With a little creativity and planning, you can enjoy the season while keeping your finances in check. By implementing these money-saving tips, you can navigate the summer season without breaking the bank. From making the most of free and discounted activities to being mindful of energy consumption, each suggestion serves as a stepping stone towards financial responsibility while still embracing the joys of summer.


Remember, saving money doesn't mean sacrificing fun; it's about finding creative and cost-effective alternatives that align with your goals and priorities. So go ahead, plan those picnics in the park, indulge in homemade treats, and take advantage of the numerous free resources available to you. With these tips in hand, you can savor every moment of summer while keeping your finances in check. Here's to a season filled with unforgettable experiences and a healthy bank account!


Of course, if you still think you need help with organizing your finances and finding ways to spend less and save more, Escient Financial is here to help you. Feel free to...

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This content is developed from sources believed to be providing accurate information. The information in this material is not intended as investment, tax, or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Digital assets and cryptocurrencies are highly volatile and could present an increased risk to an investors portfolio. The future of digital assets and cryptocurrencies is uncertain and highly speculative and should be considered only by investors willing and able to take on the risk and potentially endure substantial loss. Nothing in this content is to be considered advice to purchase or invest in digital assets or cryptocurrencies.






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