Summer fun: 5 wallet-friendly tips to enjoy the season
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Summer fun: 5 wallet-friendly tips to enjoy the season

Summer fun: 5 wallet-friendly tips to enjoy the season

Spending increases significantly during the summer season as people want to be out and about

Gulf Business
Make the most of summer with these wallet-friendly tips

Summer is calling! It’s time to embrace the carefree and adventurous spirit of the season while making every moment count. To make the most of the spectacular summer season without breaking the bank, here are five wallet-friendly tips, according to Dubai-based consultancy firm Hedge & Sachs.

Be mindful of your spending and track your expenses

It’s easy to be tempted to splurge during summer and it’s important to be mindful of unhealthy spending habits. Set a realistic budget and make a conscious effort to stick to it. Consider allocating specific amounts for entertainment, dining out, and other discretionary expenses. By being mindful of your spending, you can enjoy the summer season while maintaining financial discipline.

Tracking your expenses is an essential practice for effective financial planning. Use digital tools, budgeting apps or spreadsheets to monitor your income and expenses. By gaining insights into your spending patterns, you can identify areas where you can cut back, save more effectively and make informed financial decisions. 

Befriend summer discounts and sales

As the temperature rises, so do the opportunities for incredible savings. Summer is the perfect time to take advantage of the multitude of discounts, sales, and special offers spanning from malls to shopping centres. Whether you’re in search of stylish summer attire or vibrant home decor, be sure to explore the realm of seasonal discounts.

With retailers eager to attract summer shoppers, you’ll discover a treasure trove of enticing deals. From clearance sales to limited-time offers, the options are endless. Also remember to inquire about loyalty programs, exclusive discounts for cardholders, or digital coupons that can further enhance your savings. So, be on the lookout for summer discounts and sales, and let them be your gateway to a wallet-friendly season of style and indulgence.

Plan your summer travel: Book early, save more

If you’re planning to travel during the summer, it’s crucial to plan and book your flights and accommodations early. By doing so, you can take advantage of early-bird discounts and secure the best rates available. Planning not only saves you money but also ensures a smoother and less stressful travel experience.

Attend free or low-cost events and engage with different communities

From concerts to art and crafts workshops, the June-July period is filled with free or low-cost events happening across Dubai. Take a look at the local calendar and discover exciting activities that appeal to you and your loved ones and enjoy the summer fun without spending too much on costly outings. This can also be a way to socialise with others from different communities and walks of life.

Get creative with your entertainment: Fun without financial strain

Summer is the perfect time to explore creative and inexpensive entertainment options. Take advantage of nature’s offerings by going for a hike, strolling along Dubai’s beautiful beach fronts, organising a picnic in the park, or heading to the arcade with friends and family. By thinking outside the box, you can create memorable experiences without putting a strain on your finances.

“With a bit of planning, budgeting, and smart choices, you can unlock the full potential of the season without spending too much. Embrace the joys of summer while ensuring your financial well-being,” said Abhishek Jha, co-founder and board member of Hedge & Sachs.

Read: Revealed: A simple yet efficient guide to saving wisely

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