Being on a fixed budget can sometimes take the fun out of life. If you’re feeling like you can’t take advantage of the warm weather and fun activities with loved ones this summer, it might be time for you to take control of your finances.
There are many ways that you can enjoy time with friends and family when you have a limited monthly income. It’s time for you to start thinking outside the box, because this warm weather won’t last forever. Here are some of the ways we recommend enjoying the summer when you have a fixed budget.
Visit Local Parks
Playing catch in a grassy field is a fun activity to do with your friends and family, and the best part is it’s free to visit your local parks. There are many activities you can do when you visit your park. Depending on the amenities in your area, you could play basketball, take your dog to play catch, or bring a book to read under a tree. Whether you’re looking for an activity to do alone or with some loved ones, the possibilities are endless. If there are national parks in your area, you should take advantage of the hiking trails they have to offer. Exploring your local parks has typically little to no cost and it provides you with a variety of activities for all ages.
Split Costs With Friends
Being vulnerable with your friends isn’t always easy, but if you feel comfortable talking to a few close friends about your financial situation it might make your summer on a fixed budget a little easier. If your friends have an understanding of the financial troubles you are having, they might be more willing to split costs of the activities you do together, or they’ll be open to doing cheaper activities together. This open communication will make planning easier, instead of letting your summer budget ruin your fun.
Related Article: How to Get Out of Debt With a Low Monthly Income
Search for Freebies
Having a fixed budget can actually be a good thing. Instead of looking at your budget as something that’s holding you back, look at it as a way of helping you live life without adding unnecessary stress. Set aside a little money each month to be used for some fun activities. However, if your summer budget is really tight, you don’t always have to spend money to have fun. Search the internet for some free events happening in your community such as car shows, farmers markets, or free music in local parks. Visit your local library or community center and ask if they offer free classes or events throughout the week. You might be surprised with all of the options for free activities that have been right under your nose.
How a Debt Consolidation Loan Can Help
If you have lingering debts, a debt consolidation loan is helpful because it has a lower interest rate than credits. This makes it easier to pay off debt faster. Debt consolidation loans help you create a better focus and save you money over time as you make your monthly payment. Your budget is a key factor in making it possible for you to pay off your debt; however, credit card companies do not take your budget into consideration. Loans for credit card debt work with your income, meaning your chances of accumulating interest fees on late payments is reduced. It is even possible to get a loan with bad credit. Eliminating your debt so that you can spend your hard earned money on more enjoyable things in life is possible with a debt consolidation loan.
If you have questions about debt consolidation loans, speak to our team of knowledgeable professionals. Our compassionate loan matchmakers will find the best terms tailored to your unique situation, with fast approval and rates starting as low as 3.84% for amounts up to $100,000.