The countdown to summer is on.
The warmer weather can bring expenses like summer camps or family trips. In other words, summer can be expensive.
Vacation and budgeting mode activated
Track and set limits. If you don’t have a summer budget, it may be time to create one. Planning a trip? Adjust your spending accordingly. You may have already booked flights and a place to stay, but have you budgeted for everyday spending, activities, and excursions?
Hit pause. Look for spending you can cut back on. For instance, if you’re going to spend less time indoors this summer, do you really need all those streaming services?
Plan for the fall. For some, summer is the only time they can take a vacation. But if you have some flexibility in your schedule, traveling in the fall can be less expensive and just as enjoyable.
Please understand that this information provided is general in nature and shouldn’t be construed as a recommendation or solicitation of any products offered by SoFi’s affiliates and subsidiaries. In addition, this information is by no means meant to provide investment or financial advice, nor is it intended to serve as the basis for any investment decision or recommendation to buy or sell any asset. Keep in mind that investing involves risk, and past performance of an asset never guarantees future results or returns. It’s important for investors to consider their specific financial needs, goals, and risk profile before making an investment decision.
No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this content.
Communication of SoFi Wealth LLC an SEC Registered Investment Advisor
SoFi isn’t recommending and is not affiliated with the brands or companies displayed. Brands displayed neither endorse or sponsor this article. Third party trademarks and service marks referenced are property of their respective owners.