The school summer holidays are just around the corner, and for many parents, this can be a time for stress and money worries. The cost of keeping the kids entertained for six weeks can be extortionate, but with a bit of organisation and planning, you can start saving for summer holidays.
In this blog post, we will give you our top tips for money-saving tips for the summer holidays, so you can have a fun-filled break without breaking the bank.
Saving For Summer Holidays – Start Early!
The sooner you start saving for summer, the better. If you leave it until the last minute, you will end up scrambling around trying to find the money to cover all of your costs. By starting early and putting a bit of money away each week, you will be surprised at how quickly your holiday fund starts to grow. You can either put the money into a savings account or a dedicated holiday bank account.
Money-Saving Tips – Make A Budget
Saving for summer holidays comes down to two things: budgeting and saving. Work out how much you need to spend on essentials like food and bills, and then see how much you have leftover for activities and holidays.
Budgeting will make a big difference to your spending and savings. Set up direct debits from your current account into your savings bank account.
Fair for You can also help your budgeting with our flexible repayment scheme. Browse through our online catalogue of appliances and apply for a manageable loan today. We can help you spread the cost of essential household items – from microwaves to washing machines. Keep your finances under control and stay on budget.
Cheap Activity Ideas to Save Money
Just because you are on a budget doesn’t mean you can’t have fun. There are plenty of free or cheap things to do during the summer. Take advantage of free concerts, festivals, and outdoor movie screenings. Visit museums and galleries that offer free admission days or pay-what-you-wish hours. Many discount websites offer deals on activities, attractions, and events.
Summer Holiday – Look For The Best Deals
Everyone needs a holiday from time to time. Research different tour operators for your next holiday, and make the most out of comparison sites or travel agents. It’s also worth checking whether an all-inclusive package can help you save money on holiday expenses and control your spending.
Book your holiday in advance and look out for any early booking discounts. Another way to save is to be flexible with your dates; if you can travel outside the school holidays, you will find that prices are often lower. For example, flying to Europe in the spring or autumn can be cheaper than flying during the summer. Sign up for newsletters from travel comparison websites and airlines to be among the first to hear about special offers. You can also find deals on accommodation by booking in advance or during the off-season.
Holiday Costs – Saving Tips
Once you have saved up enough money for the summer holidays, it’s time to start thinking about how you can make it last. One way to do this is to look for free or cheap activities that the whole family can enjoy. Another way to save is to cook meals at home rather than eat out all the time – we know how tempting it can be to make the most of your day and stay out for dinner, but those extra trips soon add up!
Start with what you can afford
You don’t have to save up every last penny to have a great time during the summer holidays. Start with what you can afford and build your bank accounts from there.
Find Out More
If you or anyone you know is struggling to afford the essential items they need to furnish their home or support their family, then Fair for You is here to help.
As mentioned, we look to offer essential goods to those on a low income, but in a way, that’s different to the companies that set out to do so for massive profit at your expense. Instead, Fair for You is on your side, and we strive to offer our stock at the lowest price possible in line with retail value with a flexible payment schedule. Our focus is on people, not profit.
Check out our online shop to view our products for sale, including beds, laptops, sofa, dining room furniture, children’s beds, hoovers and much more.
Interested in more money-saving content? Follow our blog for finance tips and the latest updates at Fair for You.