Monthly Finance Message:

Summer Saving Tips

July 2013

Barbara O'Neill, Ph.D., CFP®
Extension Specialist in Financial Resource Management
Rutgers Cooperative Extension

Want to save money this summer for vacation expenses or other financial goals? Consider these summer savings tips. Each one provides a small step toward improved cash flow by reducing household expenses.Want to save money this summer for vacation expenses or other financial goals? Consider these summer savings tips. Each one provides a small step toward improved cash flow by reducing household expenses.

Food

  • Stock up on seasonal produce (e.g., blueberries) at reduced prices and freeze it for later use
  • Plant a garden to grow fruits, vegetables, and herbs inexpensively
  • Pack lunches and snacks for vacation day trips instead of eating out at restaurants
  • Use coupons in newspapers and Entertainment Books to save money on restaurant meals
Travel
  • Take advantage of discounts for AAA and AARP members and coupons in local travel guides
  • Contact state tourism departments for free vacation guidebooks with money-saving coupons
  • Make sure that your tires are properly inflated and your engine tuned to maximize fuel economy during vacation trips
  • Follow "The Rule of Three" and compare at least three airlines, rental car companies, and/or hotels on vacation trips
Utilities
  • Dry clothing outdoors to save on energy bills or laundromat charges
  • Use fans, instead of air conditioners, to cool your home
  • Have your oil or propane tank filled now, instead of the fall, to save on fuel costs
  • Replace an aging air conditioner with an energy efficient model; inquire about rebates from your electric company
  • Water your lawn at night; you'll use less water than during the day because there is less evaporation
Other
  • Plant trees or use window treatments to shade your house from the sun
  • Check out neighborhood garage sales and flea markets for inexpensive clothing, housewares, and tools
  • Wash your own car instead of taking it to the car wash
  • Take advantage of free or low-cost public services including outdoor concerts, pools, parks, and summer recreation programs
  • Use moth balls or cedar blocks to protect winter clothing from damage


  1. Rutgers
  2. Executive Dean of Agriculture and Natural Resources
  3. School of Environmental and Biological Sciences