Don’t let the summer fun and distractions blow your July Budget! Here are eight things to add to your July budget!
Remember, budgets are NOT constricting but instead give you FREEDOM to be in control of your money, rather than your money in CONTROL OF YOU!
Whether you are an excel nerd (like myself) or prefer pen and paper, I’ve got you covered.
1. Fourth of July Food & Decor
Don’t let your budget hold you back from celebrating the 4th of July with your friends and family. Budget in food for the bbq as well as fun decor if that’s your thing!
2. High Electricity Bills
July is often the hottest month of the year, which means you are constantly running your air conditioner almost 24/7. Look at last year’s electric bill to set the amount for this July’s electricity budget.
Summer vacations are amazing and will create memories to last a lifetime for you and your kids, but don’t let them bust your budget. Use this vacation budget template to create a vacation budget. There is nothing worse than coming back from vacation with the stress of maxed-out credit cards and spending way more than you planned.
4. Back To School Clothes
July is known for summer clothes going on clearance! Make a list of the clothing items needed for each child and search out the deals. This is also a great time to stock up on bigger sizes as your kids grow; depending on where you live, you could be wearing short sleeves into November!
5. School Supplies
In the middle to end of July, you will start to see back-to-school supplies go on sale. Be prepared to buy notebooks, pencils, pens, and glue… but don’t be sucked into buying more than your kids need just because it looks fun and flashy!
6. Back-To-School Physicals
Plan ahead for your child’s physicals for back to school and sports. Don’t wait for the last minute in August when the doctor is booked up and can’t get you in!
7. Start saving for Christmas
You may think I’m crazy for this one since Christmas is six months away but trust me, it will be here before you know it! If you start saving now and save just $83 a month, you will have $500 saved by Christmas, or if you save $167 a month, you will have $1,000 for Christmas! Make this Christmas a debt-free Christmas!!
8. In Season Produce
Buying in season produce is a great way to save money on your grocery budget. Here are the top produce items on sale in July:
Kohlrabi (German Turnip)