5 Tips for Creating your Summer Budget!
Happy Monday + Holiday Week!
Summer is here. Duh.
As women who value health, wellness, travel, adventure, and self-development, it's crucial to manage our finances effectively to make the most of this time of the year.
Check out the list below to create a summer budget that aligns with your passions + allows you to enjoy life to the fullest without breaking the bank.
1. Set Your Intentions: Before diving into the specifics of budgeting, take a moment to reflect on what you hope to achieve this summer. Consider your health + wellness goals, trips/adventures, and the areas of self-development you want to focus on. By clarifying your intentions, you can allocate your financial resources more effectively.
2. Prioritize Your Passion Points: Determine which areas are most important to you, whether it's attending retreat getaways (we have a couple), exploring new hiking trails, investing in personal development workshops, or planning that dream vacation. By identifying your priorities, you can allocate your funds accordingly.
3. Research and Plan Ahead: Look for travel deals, wellness packages, adventure activities, and self-development resources that align with your budget and aspirations. Take advantage of online platforms, social media, and community groups to discover hidden gems, discounts, and local events that cater to your interests. There's loads of FB groups with tips n tricks!
4. Embrace the Power of Saving: Saving is not about restricting yourself; it's about empowering yourself to pursue what truly matters. Find creative ways to save money without compromising your summer experiences. Consider setting up automatic transfers to a dedicated summer savings account, reducing discretionary expenses like Ubereats or finding cost-effective alternatives for your wellness routines. Small sacrifices now can lead to incredible rewards later.
5. Seek Out Free or Low-Cost Activities: There's loads of low-cost (if not FREE things to do in your area if you look). Think yoga in the park, farmers markets, outdoor concerts, hiking trails and simple drivable destinations.