Last summer, you *could* say I was caught off guard with extra expenses.
Family vacations… swimming and dance classes… day trips… summer camp… sporting activities… sacre bleu! If I had taken the time to clearly understand the costs of keeping kids entertained over summer, I probably wouldn’t have spent my “change jar” money on a pair of Stuart Weitzman sandals.
(Although, really, soo worth it.)
This year, however, I’m prepared. With summer vacation beginning in just a few weeks, I’m happy to share that I’ve budgeted and saved for the kids’ activities beforehand! But honestly, don’t feel bad if your saving game hasn’t been as stealth. I was right there with you last year! And according to a recent survey from TD, 71 per cent of Canadian parents with children under the age of 18 (who incur additional costs for their child during the summer) spend up to $999 per child. Put that in perspective, folks – an extra G just on summer activities!
It’s no surprise that half (51%) find budgeting for these additional summer costs stressful. …