July 22, 2024
Travel
Finance
Int'l payments
Top 10 Personal Finance Tips to Save Money Summer 2024
Top 10 Personal Finance Tips to Save Money This Summer 2024
Summer 2024 is already here and even if you aren’t summer body ready, you can get your personal finance ready. A win is a win. So, relax, enjoy but also remember to check yourself before you… you know how this ends. With the way the economy is set up, can you really afford to be outside, outside? Here are a few personal finance tips you can apply to save money this summer.1. Create a Summer Budget
One of the most effective ways to manage your finances is to create a summer budget. Start by listing all your income sources and expenses. Allocate funds for essentials like groceries, utilities, and transportation. Don’t forget to set aside money for fun activities with friends or by yourself. A well-planned budget helps you track your spending and avoid unnecessary debt. But remember, having a budget for the sake of it wouldn’t help, you have to stick to it.2. Plan Staycations Instead of Vacations
Traveling can be expensive, especially during peak summer months. Instead of splurging on costly vacations, consider a staycation. Explore local attractions, parks, and museums. Enjoying your hometown can be just as fulfilling as traveling, and it significantly reduces expenses.3. Take Advantage of Summer Sales and Discounts
Many retailers offer summer sales and discounts. Keep an eye out for promotions on items you need. Utilize coupons and cashback apps to save even more. Shopping during sales allows you to get more for your money.4. Use Public Transportation or Bike More
Gas prices tend to rise during the summer. Reduce your transportation costs by using public transportation or biking. Not only does this save money, but it also promotes a healthier lifestyle and reduces your carbon footprint.5. Reduce Energy Consumption at Home
Cooling your home can be a major expense during the summer. Save on energy bills by using fans, closing blinds during the hottest parts of the day, and investing in energy-efficient appliances. Small changes can lead to significant savings.6. Avoid Money Transfer Fees and Send with Pesa
This tip should absolutely apply to all seasons and not just summer. If you need to send money abroad, to friends or family, why pay an extra fee when you can do it for free with Pesa at an even better rate? You get to save big and while also enjoying same day delivery. It’s summer, stay worry free with Pesa.7. Take Up Free or Low-Cost Outdoor Activities
Summer is perfect for outdoor activities. Instead of spending money on expensive concert tickets, host your friends and loved ones to a get- together party at home or even a picnic event. Maintain friendships and community while also having great food, music and conversation. These activities are fun, healthy, and budget-friendly.8. Review and Cut Unnecessary Subscriptions
Almost everything requires a subscription and there are some we just forget to cancel or some we just haven’t used in a while simply because we don’t need them. Review your monthly subscriptions and identify which ones you can do without. Cancelling unused subscriptions for streaming services, magazines, or gyms can free up extra cash. Reassess your needs and only keep what’s essential.9. Use Cashback and Rewards Programs
Maximize your savings by using cashback and rewards programs. Many credit cards offer cashback on purchases, and various apps provide rewards for shopping at specific stores. Accumulate these rewards and use them to offset future expenses. You can create your Pesa account and share your referral code with friends this summer to earn a little extra cash for you and your friends.10. Shop at Local Farmers' Markets
Shop for the best prices. It’s the smart thing to do. Farmers' markets often offer fresh produce at lower prices than grocery stores. Shopping locally supports small businesses and provides you with fresh, seasonal items. Plus, you’re likely to find unique products that aren’t available in supermarkets.Save Money This Summer with Pesa
Enjoying summer can involve a lot of costs and fees, particularly when making international payments. Traditional banks often charge high fees and offer poor exchange rates for international transfers. Solution? Open a Pesa account, you can send money to 35+ countries with zero fees and premium exchange rates. Whether you're traveling abroad this summer, enjoying a staycation, sending money back home or having a get-together with friends, Pesa ensures you get to manage multiple currencies while still experiencing easy, and seamless transfers. So, while you're enjoying your summer activities Pesa provides you a convenient and free way to manage your everyday expenses. Enjoy your summer worry-free, and let Pesa help you save money all season long.Other articles on international payments
The Hidden Costs of Sending Money to India from the UK
Find out if traditional banks are overcharging you to send money to India. Explore cheaper alternatives and learn how to save on money transfer fees
Travel
Finance
Int'l payments
Are Traditional Banks Overcharging You to Send Money to India
Find out if traditional banks are overcharging you to send money to India. Explore cheaper alternatives and learn how to save on money transfer fees
Travel
Finance
Int'l payments
What Are The Hidden Fees in Money Transfers to India from Canada
Uncover the hidden fees in money transfers to India from Canada. Learn how to avoid extra costs and find the cheapest way to send money from Canada to India.
Travel
Finance
Int'l payments
Never miss a
crucial moment.
Dowload the Pesa app
© 2024 Pesa LLC. All rights reserved.