Float Through Summer Without Sinking Into Debt

Summer carries a notion of freedom, fun and relaxation. It’s good to grab a cold drink, lay out the beach towel and soak in some much needed Vitamin D… But not at the expense of your financial stability!

When the sun comes out, so do our wallets. Whether it’s that cool swimsuit you MUST have, drinks on the rooftop bar or that beach trip you just can’t go without, the question is, how can you create these memories and get that new look without going into debt? Below, we’ve accumulated a list of summer hacks that can help subsidize your summer splurge.

Dinner Club

Instead of overspending at the latest restaurant, get your closest pals together and host a small gathering in the backyard. That way, you can control the guest list, enforce social distancing and spend some time with trusted friends. It’s also the perfect opportunity to show off your favorite summer dishes!

Clothing Swap

This spring, we all stayed inside. We also did a lot of spring cleaning. If you’re anything like us, you ended up with a huge bag of old clothing that’s just sitting in your closet. Ever heard the saying, “One man’s trash is another man’s treasure”? Well, it’s never been truer than it is right now. In fact, a clothing swap with close friends can be a great way to breath new life into your wardrobe. Instead of ordering that new swimsuit, get your friends together for a little fashion show. Who knows, you may discover the perfect outfit for next weekend’s BBQ!

Budgeting

When was the last time you reevaluated your budget? With apps like Mint, QuickBooks and NerdWallet, creating easy-to-track budgets is as simple as pushing “download.” Instead of watching that 20-minute Netflix episode, pull out your phone, link your bank account, plan your budget and watch the app do the rest.

Skip the Vacay for a Staycay

Cancel that beach trip. Right now isn’t the best time to be traveling anyway. Think of your missed opportunities this summer as an investment for next year. By pocketing your vacation money, you make a huge dent in any existing debt. Instead of buying your flight, go on that hike, pick some fruit or tan in the park. Look at your surroundings through a new lens and find new adventures outside your door. No matter how long you’ve lived in one place, a refreshing walk will always uncover something new. So, get out there and explore. Take your camera and find new angles on familiar surroundings. Anything can happen when you leave your front door. Who knows, you may have the adventure of a lifetime.

Help Out a Local Business

If you do find yourself spending extra cash this summer, do your best to keep it within the community. Buy groceries from your local farmers market instead of the grocery store or shop at a boutique instead of a giant retail chain. Right now, small businesses are having a harder time than ever before and there are so many ways we can help. It also just feels good to know that you’re helping out a fellow neighbor instead of a big corporation.

Beware High-Interest Credit Cards

In an ideal world, budgeting all summer would be easy. The truth is, sometimes you just need a little fast cash. In those situations, don’t turn to high interest loans and credit cards. Instead, come visit us at Heights Finance. Our personal loans are crafted to fit your specific situation and your specific needs. We’ll help you apply for a loan within minutes and get you on your way. At Heights, we pride ourselves on fast, friendly, reliable service… Always with the respect you deserve! So stop paying bills with a credit card and give us a call. If you plan on making big purchases, secured personal loans are a safe way to avoid high-interest and extra fees.

It may seem like a buzzkill to constantly monitor your summer spending, but with a little planning, you could have the most memorable summer ever. Every situation poses new opportunities. Even on a budget, you can find fun in the sun at every turn. Don’t board yourself up inside. Gather a close group of friends, enjoy the summer sun and bask in the simple pleasures of life. With a little discipline and a good outlook, you can float through summer without ever thinking about sinking into debt.