Friday 10 August 2012

How to reduce your outgoings this summer

Summer family jump
The summer holidays can be an expensive time of year for many individuals and families alike. The nice weather of the summer months encourages many people to get out of their house and enjoy time traveling, being with family and friends and more. While this can be an entirely enjoyable time of the year, many of your summer outgoings can cost you money. The last thing you want is to enjoy the summer months now and regret spending so much money when the autumn months roll around. So how can you reduce summertime spending and still enjoy the summer holidays?

Plan Affordable Gatherings With Friends

Part of the fun of summer outgoings is to spend time with family and friends. When you are constantly the person being invited to different events and venues, however, you lose some control over your spending. While you can also decline an invitation, you really don't want to miss out on the fun that everyone else is having. When you make the plans, however, you can have more control over where your group of friends heads to and what the cost of those plans are. For example, rather than meet at an expensive restaurant you can choose a more affordable restaurant to dine at. The key is to be the one making the plans and inviting others to join rather than to be an invitee.

Schedule Group Activities

Many venues provide you with group discounts when you visit with a large group. For example, you may enjoy discounts on admissions to theme parks, museums and more when you buy tickets to these venues in bulk. It can take some effort to coordinate such a large group gathering, but the money you can save can be significant as well. If you are planning on visiting a popular venue this summer, continue researching if the venue offers group discounts. Then, consider inviting friends or family along so that you can save money while making new memories with others.

Host a Garden Party

You can go out to have a good time during the summer months, but you can also have a great time when you stay at home. For example, you can host a garden party in your home, and invite all of the people you love spending time with. To save money on the cost of the gathering, ask guests to bring their own drinks as well as a dish to share. Your cost for hosting this event may be minimal at best, but the fun times enjoyed by gathering together your best friends and family members can be considerable.

The cost of going out with friends and family members over the summer can be immense, and nobody wants to empty their wallet to have a good time. While spending time with those who you enjoy being with can be expensive, you can still have a great time this summer without paying a fortune. You can put some of these great ideas to use today to start planning an affordable summer to remember.

Sarah writes on behalf of a number of successful businesses in the South West including Drummond

LLP, Drummond LLP strive to deliver excellence and their service extends to the South West region. If you need a bookkeeper in Devon or Cornwall – Trust Drummond LLP to take care of all of your accountancy needs.

Photo By Evil Erin on Flickr License By http://creativecommons.org/licenses/by/2.0/deed.en

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