Along with the warmer weather of summer in most cases also come extra expenses of summer. While you may budget your monthly expenses, it is also important to figure out what extra expenses you may have over the next few months and work them into your monthly budget instead of having to charge them.
Some examples of extra expenses are graduation and wedding gifts and other expenses, summer vacation and kids activities. Graduation and wedding gifts can add up and if you have a number of weddings to attend you may have expenses besides the gifts such as travel, and extra clothing costs.
Especially, this year with other costs such as gas and food prices going up it is more important than ever to make room in your budget for the added expenses of summer activities.
So with a little planning and tweaking of your budget, the activities of summer can be more enjoyable if you don’t have to worry about taking on more debt to cover them.