Budgeting Guide for Sahel Season
You check the calendar anxiously, biting your lips, shuffling through your empty wallet, and muttering “summer" through gritted teeth.
We know that horrified face all too well, but it doesn’t have to be like that! Here’s how you can financially prepare for the summer season like a pro!
-Plan ahead
Start listing all your expenses for the holiday early in advance, so that nothing comes as a surprise! Writing down all the expected costs will help you stay in control so that you can know exactly what you need for the coming period. This includes checking the possible travel destinations, hotel prices, renting options, and other incurred costs that come with the warmer months.
-Determine your income
It’s an equation that doesn’t stop at analyzing expenses. You need to analyze all sources of revenue so you can measure what will be left off at the end after paying your expenses (your income!). By being realistic with the money that will be available for you, you can more accurately anticipate how your spending can go!
-Track your spending
As your summer getaway comes closer, start being aware of how your bank account is looking. Track how your spending is going so you can check if there is any unnecessary costs you can ditch in order to be good to go. Setting realistic expectations is key to smooth spending!
-Start budgeting
Now that you’ve calculated the available money, start allocating it to each category of the trip's expenses depending on their priority. This ensures that you won’t be surprised by how much you need as it approaches. Oh and please, let's beware of needs vs wants!
-Spend smart
Summer doesn’t have to be a burden on your paycheck! Look for discounts, cashback, and rewards programs to get all you dream of at a discounted price. (Take a look at Klivvr's partners while you're at it!)
-Have fun!
Money comes and goes but these sweet summer memories last forever! As long as you plan and spend cautiously, you can rest assured that summer 2024 will go as smoothly as ever.
