Financial Fitness Friday: Weekend Fun on a Budget!

Posted by Jess

Aug 29, 2014 3:42:30 PM

FFF_8-29Labor Day Weekend, I am SO HAPPY to see you! It’s been a long, exciting and eventful summer. To cap it off, I plan on roasting giant marshmallows around a bonfire tonight, rain or shine. Labor Day Weekend is a great excuse to enjoy yourself and (perhaps) bend your budget – so long as you stay in your “safe” zone.

Set a budget in advance. This afternoon, before you switch to full-on weekend mode, take a close look at your budget. Decide how much money you can comfortably spend. The key word here is COMFORT! Don’t push your financial limits to the point where bill-paying ability is compromised. And certainly don’t put “fun” money on your emergencies-only credit card!

Only bring cash to the store. Once you’ve settled on how much to spend, withdraw that money in cash. With your exact budget in hand, you’ll be hyper-aware of how you spend it. Whether you’re going out with friends, taking a special weekend trip or stocking up on supplies for a party, you’ll be less likely to overspend if you watch each dollar leave your hands.

Remember, the weekend won’t last forever. Right now, you’re on the cusp of a big, beautiful weekend. There’s so much possibility and fun to be had! However, the financial choices you make each day won’t wear off when the weekend is over. Keep your positive spending habits in mind as you set out on your weekend adventure, and come next week, you’ll remember this time with a smile instead of cringing at your empty wallet.

With these handy tips in mind, you’re ready to make the most of your Labor Day Weekend! Stay strong, keep your pocketbook closed when possible, and enjoy a memorable end-of-summer celebration!

Topics: Financial Fitness Friday

Welcome to Credit Union 1’s One for All Alaska blog! Each week, you’ll find a healthy mix of ways to reach-out to your local community, ways CU1 is helping change Alaska, and an every-Friday blog to improve your financial fitness. Enjoy! 

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  • A fresh perspective on financial health.

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