Summer Cash Savings Plan

5 Minute Read

Don’t Miss the Chance to Save Big This Summer!

Here are some easy money-saving tips to help you keep the summer fun going all season long. Mix and match ideas to create your own summer savings plan!

1. Keep $100 when you reduce entertainment expenses.

You can stockpile cash this summer without sacrificing fun. Simply make the most of free events like outdoor concerts, movie-on-the-lawn nights, and no-admission days at local museums. Save even more by borrowing free videos from the public library instead of spending oodles of money at the movie theater.

2. Pocket $400 by skipping the theme park and visiting a natural park instead.

The average one-day ticket price for a theme park ranges from $50 to $100. That means a family of four would have to pay anywhere from $280 to $400 for one day of fun! Keep your cash and visit a state park instead. Many parks are free or only charge a minimal entry fee per carload.

3. Save $500: Shop for insurance with the help of an independent insurance agent.

This is one of Dave's most popular money-saving tips because it's so easy to do. Maybe you've outgrown your current coverage or you qualify for new discounts. An independent insurance agent can research all your options to find the best deal on the policy that's right for you. Most people save an average of $500 when they shop around for insurance with the help of the agents we recommend.


Local experts you can trust.

Find an ELP

4. Earn $100 or more when you host a multifamily garage sale.

Who doesn't love a good garage sale? More importantly, who doesn't love the extra $100 you make from pawning your old stuff onto complete strangers? So go ahead and clean out the attic then invite a few friends to join you in hosting a multifamily garage sale. The money you rake in could go toward building an emergency fund or paying off debt.

5. Save $100 to $500 on camp fees when you create your own.

Just for this year, try a camp-free summer. The American Camp Association estimates the typical one-week day camp could cost $100 to $500, depending on your location. Multiply that by several children over several weeks, and the costs add up quickly. Instead, organize your own evening neighborhood summer camp. Pick a theme and ask your neighbors to be volunteers. Chances are your kids will enjoy this way more than an expensive camp!

6. Take advantage of a tax-free weekend and save hundreds on big purchases.

Check to see if your state (or one near you) offers tax savings for back-to-school purchases. If so, wait until the tax-free weekend to buy school supplies, computers and clothes. Use the money you save to take your family to the local zoo for the day.

7. Skip the car wash and save $60 to $100.

Skipping the car wash six times this summer could save you $60 to $100. Every week that you'd usually drive through a carwash, transfer $10 into your savings account.

8. Save nearly 20% on energy costs by caulking your windows and doors.

Your mom was right: There's no need to air condition the entire neighborhood. So seal your doors and windows to reduce strain on your air conditioner and keep energy costs down.

9. Earn $50 to $100 when you consign your old clothes.

Clean out your closets and take your pre-loved threads to a consignment shop or sell your clothes from the comfort of home through an online consignment store. Any money you make could be used to buy new school clothes for your kids.

10. Shop smarter to save $20 to $50 each week.

Compare weekly ad flyers from your favorite grocery stores and plan your food for the week around what's on sale. Then prepare a shopping list and stick to it. Want to save even more? Give generic brands a try, or visit the local farmer's market to buy your fruits and veggies.

11. Use coupons and save $300.

The coupon craze has simmered down lately, but those little savings slips are still as good as ever. The best coupons come from weekly circulars in the Sunday newspaper, but there are plenty of online options as well. Your local grocery store might even provide digital coupons through its app. Don't forget to use coupons at your favorite restaurants and fast-food joints too!

12. You can save $200 to $300 when you brown-bag your lunch.

Making your own meals is usually healthier and more cost efficient than dining out, especially in the summer when fresh fruit and vegetables are abundant. Instead of going out every day with your buddies, try making your own lunch two or three times a week. You could save $20 to $30 a week, which adds up to $200 to $300 over the course of the summer.

13. Skip the repairman and do it yourself to stash $150.

Plenty of online tutorials teach you the basics of becoming a do-it-yourselfer. Before you call a repairman, see if you can solve the problem yourself. You'll save money and gain a sense of newfound knowledge. That's a win-win for anyone!

14. Road tripping? Stock up on discount store snacks first to save $25 to $50.

If you know you're heading out for a road trip, stock up on affordable snacks from a dollar store first. Purchasing snacks ahead of time eliminates the need to buy overpriced goodies from a convenience store when you're on the road. Snag a plastic shoebox at the dollar store while you're there to keep all the yummies organized.

Now go forth and save!

See how fun saving money can be? Kick-start your summer savings by giving your insurance a thorough review, just like we suggested in tip #3! This could give you an easy $500 right out of the gate.

Get a free quote from one of Dave's insurance Endorsed Local Providers (ELPs) today!

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