Well here we are again at that time of year, when you want to have some summer fun yet do it on the cheap! How am I going to do it? Well after a certain meeting two weeks ago my income level is uncertain as of August 1st so I plan on doing an experiment. First I took radical steps to cut my costs: got rid of the land line because we are never home especially during the summer. So we now have one cell on a decent plan…$45and all the minutes this mom needs.I got rid of the Internet as well and will be blogging for free from cafes and the library. So after rent and bills it leaves me with $450 to go everything with. So what are my plans? How am I going to cut costs in Toronto this summer and even have money to go away with?
The Cheap Summer Experiment
1. Take advantage of the FREE stuff to do here in the city. From public pools, libraries, and free events there is plenty to do here in town.
We will only TTC to one event per week, the others we can walk or bike too. The first event we will hit is Luminato.It was so worth going to last year and we had a blast! It starts June 6thand is a great way to start off your summer with a bang.
2. Use the money jar approach to spending.
Our jars are $4o for groceries per week, $7.50 for laundry, and $12.50 for other–all clothes are bought so there is no need for new stuff.
3.When shopping utilize coupons, points collection(ie SDM), and flyer shopping to get the best prices you can find.
UsuallyI can spend $40 on meat for a month ( we eat meals that include meat about 4 times a week). Usually2 big bags of chicken pieces and a big club size of lean ground beef that I can stretch with TVP does us.
4. Have a garage sale of all that stuff you don’t need- use this money as summer fun money or use it for something you need. Other great ways are to utilize Craigslist or Kijiji to make a sale.
We are doing this and Roo especially is clearing out stuff as she becomes a preteen on a mission of a new room design which is one of our other summer projects.
By doing this well will have enough money to do what we really want late in the summer and that is take our first family vacation ever. We are headed to Nova Scotia and PEI for a couple of weeks. Roo will get to spend time with her cousins and grandma. For our trip we are using the train to get there, and have FREE places to stay so we should be okay going with $500. We can’t wait and are getting excited about our first real chance to travel.