Family vacations, summer camps, higher food bills, updating wardrobes and high electric bills can do some damage on your account but it doesn’t have to!
The beautiful weather puts all of us Minnesotans in a great mood and it’s when we want all of those fun outdoor toys. We wanted to create a blog post dedicated to suggesting money saving tips for the summer season. Because we are community focused business, and we want the best for everyone that banks with us and to be able to keep more but still get just as much. It’s hard for families to keep everyone happy but still stay within budget.
- Cook outside. Using the stove or baking in the oven can create a lot of excess heat that has nowhere to go except in your house.
- Dry your laundry outside if able.
- Replace air conditioner filters or better yet, turn it off, especially if you aren’t home.
- Avoid using your car when possible, you’ll save gas and burn some calories in the process.
- Take the kids out to a national park and enjoy the nature with a picnic, way cheaper than seeing a movie!
- If on vacation, always check if kids eat and stay for free, as many brand name hotels are in on the great deal.
- Check out what’s going on for free in your city, there is sure to be free concerts, parades or festivals.
- If visiting theme parks is on your horizon, search the Internet for online coupons or deals before committing, there is bound to be promotions online. Also, look for bundle packages if available!
Something that is really important is to plan your spending ahead of time! Decide what is a priority as far as what you and your family wants to do in the summer. Feel free to contact us if you need some help budgeting.
How we are an active part of our communities: http://www.mn-bank.com/community
We all know how unpredictable Minnesota weather is, we think it’s safe to say that spring is finally here! For most people, this marks that it is time for that daunting but much needed task: spring cleaning. Though it can be very tiresome, spring cleaning gives you an opportunity to throw open the windows, let some fresh air in, and make your home clean, happy and spacious inside and out again. What most people don’t realize, though, is that spring can also be a great time to tidy up your finances. Spring cleaning your finances is a bit like going to the dentist – we don’t particularly like to do it and should probably do it more often. However, the more regularly you do it, the less chance there is of a painful surprise.
One way to do this is to get rid of clutter. Just as you do around the house, spring is a good time to go through your finances and toss out things that no longer fit your life, such as a cable or magazine subscription. Another way to reduce the clutter is to sweep away those winter bills. If those holiday bills are still haunting you, this is a good time to get rid of them. Some great ways to make some extra money is to plan a garage sale, sell stuff online or even volunteer for overtime at work.
Another great way to spring clean those finances is to begin organizing for next year’s taxes. Create a folder, paper or on your computer, to hold all valuable information including all of the charitable deductions you make throughout the year. The same can be done with your spending. By keeping track of every penny, it will give you some perspective on how much money you can or can’t spend at any given time.
Spring time, especially in Minnesota, is a time of renewal and rejuvenation. It is a time to clear out the old and prepare for the year ahead. By spring cleaning your finances, you can weed out finances holding you down, organize your present situation and set yourself up for an easier, more relaxing future. Enjoy your spring everyone!