Hey all. Summer is a great season because school is out, and there is plenty of free time.But having plenty of free time, also means having plenty more opportunities to spend money. This summer, I have seen plenty of my friends spend most of the money they earned working on dining out, movies, and other fun activities. While it is important to have fun during the summer, it is also important to save money. Now this can be a catch 22, because obviously the less you spend, the less there will be to do, unless you plan accordingly. Sometimes I have denied going out to have fun with friends, just so I could save those extra dollars. Now I wouldn't exactly recommend this, because it might lead you to just sit around your house; going out once in a while is alright as long as you still save. A few of my friends have wasted all of their earnings on having fun this summer, so they left nothing to stick to a loan. With my family, I have gone out to a few movies, and out to eat once a week, but we use movie passes we received for gifts, and we use Restaurant.com for gift certificates when we want to eat out. We almost never go to a restaurant without having a coupon or gift certificate. In this way, we save at least $10 every time we go out to eat. I would say that the trick here would be to balance having fun, with sticking money into the bank. I have college loans I have to worry about, so I have put every cent I earned from work into that, and by the end of August I should have about $2,000 to pay of loans with. So my best advice here is to just make a plan, on how much you plan to save, and then how much you plan to spend. I know this seems simplistic, but likDo you have any great hobbies you love, or any struggles in saving money during the summertime?
- Your Frugal Friend Brandon
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About the AuthorI am a 19 year old teenager and my goal is to maintain a page for teenagers and college students to gain information from in order to save money and make a few extra bucks online. I also just want to share my experiences with spending and help others change their lifestyles. Archives
November 2012
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