7 June Budget Expenses You’re Probably Forgetting
June is coming – it’s next week at the time of writing! If your kids aren’t out of school yet, they will be soon, and with that comes lots of extra expenses, as well as holidays, fun family activities, and so much more.
Even if you don’t have kids, there are many summer only expenses that happen in June that you don’t want to miss!
Here are some June budget expenses you’re probably forgetting:
Father’s play such an important role in our lives, and one day doesn’t do the contributions they make to our families justice, so make sure you’ve set aside some money to celebrate Dad. Ask the Father’s in your life how they would like to celebrate, determine how much that will cost, and then add that amount into your budget as an expense.
With summer comes some really awesome opportunities for family fun such as local and state fairs and carnivals. These can be so much fun – as long as you have budgeted to spend money having fun there. These can be a bit hard to budget for, but consider the following expenses associated with fairs: ride tickets and armbands, shopping at the vendor tents, food, and even pictures. It may be wise to budget for armbands for every child, a per-person budget for shopping, and then a family budget for food.
If you have kids, then chances are they’re going to want to go to a summer camp (or three) during summer break. With school letting out within the next month or two, it’s time to either put deposits down on those camps or pay them in full – registration deadlines are coming fast!
Make sure to add a line to your budget for these camps and tighten up your budget in other places, if needed, to fit the added expense into your budget.
Again, this is mostly if you have kids. Summer means lots of activities: the pool, camps, meeting up with friends, community events, etc – which means you will need to budget for extra gas. Add that to rising gas prices, and it’s incredibly important to increase your gas budget during the summer.
Graduation Gifts & Parties
Everyone knows someone who is graduating – between cousins, nieces, nephews, and those kids that you’ve grown up going to church with, expect to buy your fair share of graduation gifts. And, if you have a child who is graduating, you’ll have the added expense of throwing them a graduation party. Set aside a set amount for a gift per graduate, be it $10 or $50, and then you will be prepared when all of those invitations start showing up in your mailbox.
June is prime wedding season, so even if you haven’t received any physical wedding invitations, if you’re anticipating attending weddings during the summer start setting aside money for those now. Make sure to consider travel expenses, new clothing if needed, and of course a gift. Some weddings may also request that you not bring children, and if that’s the case remember to add an expense for childcare.
4th of July Weekend
Yes, I know that the 4th of July is not until July, but it’s the first weekend in July, which sometimes turns into a long weekend starting in June. Regardless, I don’t want you to be surprised by the cost of celebrating Independence Day. Save some money in June so you can have a relaxing, fun (read: no money stress) with the family.
Making a budget for the warm weather months can be challenging, I’ll admit, but it is absolutely possible to be prepared. It is important to think through all aspects of these months so that you can enjoy them guilt-free and debt-free!
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