Fall is here! Summer spending is cooling down before holiday spending heats up in the winter, making fall the ultimate time to get your spending and savings right on track. While thereโs plenty of time left in the season, hereโs 5 tips to help you cut back on spending:
Partake in fall fun
Summer is filled with a lot of spending on entertainment and activities. But as temps cool down, your spending on entertainment can, too. Take advantage of fall recreational activities that donโt require much spending, like going on a hike, visiting a lake, having a campfire, or visiting a pumpkin patch. Many communities hold fall festivals that are filled with free or discounted activities, like live music, petting zoos, food trucks, and more. Itโs fun for all ages, especially kids!
Decorate on a budget
Fall is without a doubt a fan-favorite season to decorate for. Getting all those elements and decorations to bring your dream fall aesthetic to life, though, isnโt cheap. Instead, save money decorating your house with natural elements, like acorns, apples, and gourds to bring the warm colors of fall indoors. If youโre going more of a vintage fall style, head to a second-hand store for discount fall dรฉcor.
Turn off the air conditioner
Itโs time to give the AC a well-deserved break and let that crisp, cool fall air fill your home. This may seem like a no brainer, but sometimes the AC is a luxury you wonโt want to give up just yet. Not only will you be embracing the outdoors when you drop the AC, youโll be dropping the price of your electric bill, too.
Check on your New Yearโs Resolution
Was your resolution this year to get a gym membership? Evaluate if youโre taking advantage of it the way you promised, or simply not at all. If thatโs the case, itโs time to cancel the gym membership. If youโre hitting the gym regularly but ready for a change, take advantage of the beautiful weather and cool temperatures to take your workout outdoors. Truth is โ itโs never too late to start a new resolution.
Budget through the end of the year
As we approach Q4 of the year, itโs important to reflect on the budget you made at the start of the year. Compare your current financial situation to where you planned for it be, and compare it to your situation at this time last year. If youโre under budget โ get ahead on payments, put extra in the Christmas gift fund, or roll it into savings. If youโre over budget โ evaluate what areas thereโs overspending in and make changes to cut back.
As leaves turn from green to red, itโs important to make sure your finances stay in the green. For more savings tips, visit penncommunitybank.com.
