Regardless of your spending habits, there are lots of ways to Feed the Pig. While the savings from changing a single habit may not seem like much at first, making changes in a few areas of your life can add up to big bucks within a single year. Here are some of our favorite financial tips.
Weekly Savings Tip: Over the River and Through the Woods…
May 18th, is National Visit Your Relatives Day! Even if you can't get together with family, you likely have some type of reunion or get together on the calendar during the upcoming summer months. Weddings, graduations, summer BBQs, etc. are all great opportunities to gather with family and friends, but it can be easy to forget the cost of these fun events when budgeting for the summer. Take some time today, or this week, to estimate your costs. Here are a few items to keep in mind:
- Be creative with your travel. Driving often seems like it might be the cheapest, but if you have to stay in a hotel and eat restaurant meals along the way, it may actually be less expensive to fly or take a train. Reconsider if you'll need a rental car for your entire visit and explore other means of transportation at your destination – public transit, bike sharing and even local shuttles can help you get from place to place in many cities.
- Be a Weekday Warrior. If your travel dates are flexible, avoid the weekend rush when you can. Plan midweek adventures, since everything from amusement parks to golf outings are usually less crowded and less expensive mid-week. Very often hotels and rental cars are also discounted during weekdays.
- Be FREE. When choosing accommodations for your vacation, consider the following to reduce costs: Does the hotel offer complimentary transportation to the airport, restaurants or local attractions? Does the rate include breakfast? Having a meal included can save you a bundle, especially on longer trips.
No matter what your summer plans, estimating the costs today can help you avoid unnecessary credit card debt down the road. And if a trip to visit family just isn't in the cards, remember that sometimes a phone call can mean just as much.
An archive of some of our most recent Weekly Savings Tips.
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