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Summer's Over


Aug 21, 2018

By Jo Leonard

Summer time is always so anticipated by everyone, but our routines of the weekly hustle & bustle are sometimes just as awaited. The kids are ready to go back to school and see their friends, and we are ready to stop spending so much money!  With everyone home for the summer, it seems to cost more than ever to get by on the weekly budget.  And what about the back to school clothes and supplies for the classroom? That’s an additional cost we always have too.
 

Maybe we can set up a system to conquer these problems. We can find a solution that could help not only this year, but in the years to come. And maybe it could help with the holidays too - wouldn’t that be great? 

First thing we need to do is figure out how much we need for this upcoming season.  Clothes, schools supplies, holiday spending, etc.  Hey, why not include a small vacation for the family?  Or a trip to the local museum, aquarium, or amusement park?  These thing can be very expensive and need careful planning.

Next, we need to decide what we can afford. Make a list of everything and the approximate cost. An example would be:

Clothes – $200

School supplies – $150

Family vacation – $500

Amusement park – $200

Holiday spending – $500

 

…that’s $1550.00 per year. With a BayPort FexLine account, you can do this!  You can borrow and repay the loan…and then borrow again, AND repay again, as many times as you need. The trick is to always repay MORE than the minimum payment. This way, it gets paid in full every year & you can re-advance for the next summer’s spending, back to school spending and right into the holidays. Hello, life hacks! So, no stressing over the end of summer – just look forward to the months to come.

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