Summer holidays can be tough on parents. On top of all the usual childcare costs like food and clothes, you will also need money for getaways and extra childcare as well as trying to maintain your job. After all, they are not in school, so it is down to you to keep them occupied and cared for throughout the weekdays. If you are worried about financially surviving the next summer holiday, use these tips to make it through.
Save Throughout the Year
Parents tend to save for Christmas, but what about the summertime? While you may not need to fill the living room with presents, there are still many summer expenses to pay for. By saving bit by bit throughout the year, you ensure that by the time the summer holidays roll around, you have enough cash to see you through and enjoy some of the activities summer has to offer, and could even afford the option to send your child to summer camp.
Consider a Short-Term Loan
The summer holidays can creep up on you, and if you are not financially prepared, you could find yourself stuck for cash. Whether you need an extra bit of money for childcare, a few days away, or to fill your fridge up for a barbeque weekend, consider using a short-term loan from Growing Power. Just make sure you can pay it back on time!
Look at Budget-Friendly Summer Camps
While children get six-weeks off during the summer, most adults are not that lucky. This means that you will need to find childcare for your little one while you are busy working, which can quickly add up. One solution is to find a budget-friendly summer camp, as this will likely cost you less than full-time childcare. Plus, your kid will have the time of their lives making new friends and doing fun activities. You both win!
Book Holidays Early
If you are planning on jetting off to a country with a little more sun, you might want to consider booking your plane tickets and hotel bookings early. Usually, you can find much better deals by getting in there early, plus there will be more options to choose from. Have a look at Love Exploring for holiday booking tips.
Create an Overall Summer Budget
Rather than taking it day by day, set your family a budget for the entire summer holidays. Make sure to cover food, clothes, getaways and childcare, and allow some extra cash for emergencies or last-minute days out. After all, summer is the time for a little luxury!
Search for Cheap Days Out
Fun summer days out do not have to involve expensive meals or costly tickets. Sometimes, a picnic at the park or a stroll around the local free museum is enough to keep the whole family occupied without costing too much money. There is usually plenty going on in the summer, so keep an eye out for free or low-cost days out to prevent boredom.
Sell Old Items
Summertime is perfect for having a clear-out. Instead of taking a bag to the local charity shop or the tip, consider selling some items for cash. The cash injection will greatly help you over the summer, whether you need more cash for summer clothes, day trips, or childcare. With enough planning, you can make sure you get through the summer without burning a hole through your wallet.