🌞 Summer’s almost here! 🌞 Time to get your budget ready for all the fun (and expenses) that come with the season. Think about those extra childcare costs for summer camps, road trip expenses, eating out more often, and even potential medical bills from outdoor adventures. These can add up fast, but a little planning can save you from financial stress.
💡 Pro Tip: Your emergency savings are super important, especially in summer. The average family spends hundreds more each month during summer, and the risk of unexpected repairs or income loss goes up too. Aim to save at least three months’ worth of living expenses in an easy-to-access account.
Here are 5 steps to get you summer-ready:
- Budget it out: List all your expected summer expenses and tweak your budget.
- Boost your savings: Start setting aside extra cash each month to build up your emergency fund.
- Plan ahead: Schedule and budget for summer activities now to avoid last-minute costs.
- Cut the fluff: Find and eliminate non-essential expenses to free up funds for summer fun.
- Check your insurance: Make sure your health and auto insurance are up-to-date and cover summer-related incidents.
Follow these tips and enjoy a stress-free, fun-filled summer! 🌴🌞
Did You Know?
Your employer sponsors this financial wellness benefit from Francis. The benefit connects you with down-to-earth financial planners who educate and advise on any money matters…without the sales pitch. We are exclusively engaged by employers like yours and have no investment products to sell, so you can feel confident that you will always receive objective advice.
Your financial planner will help you set priorities and achieve your money goals, without judgment or financial jargon. Know that all discussions are kept strictly confidential. This service is offered as an employee benefit with no per-session co-pays, so you can meet with a financial planner as often as you wish. Services are paid by your retirement plan or your employer.
Connecting with a financial planner is easy! Here’s how:
- Visit FrancisWay.com > Services > Participant Portal
- Call (866) 232-6457
Download the free mobile app (Search for Francis LLC)
