By Gordon Chavez, Financial Advisor
With summer approaching, it’s time to prepare for increased expenses—but did you know you could potentially save over $16,000? Let’s explore practical ways to trim costs while ensuring your family enjoys a fun-filled summer.
1. Managing Childcare Economically
Childcare costs can spike during summer break. Instead of relying solely on babysitters, consider local summer camps offered by Oceanside’s Parks and Recreation. These camps not only keep kids engaged but may also reduce childcare expenses. My wife Anahi Chavez (one of best money savers I know) shares, “If you still need a babysitter, finding a family member or a close friend of the family that is trustworthy can be cheaper than going to a daycare.”
2. Budget-friendly Travel Tips
Living in North San Diego County offers a treasure trove of cost-free, healthy activities. Take advantage of local beaches, hiking trails, parks, and community events like outdoor movies and museum visits. Enjoy the outdoors without breaking the bank on travel expenses. Check your city’s website for free local events.
3. FAFSA Is Due by June 30
For families with high school seniors, applying for FAFSA (Free Application for Federal Student Aid) by June 30th is crucial. On average, students received $16,360 in financial aid for the 2024–2025 academic year. Seek guidance from your child’s school to ensure a successful application process.
4. Planning Ahead for Savings
Again, explore your city’s website for summer camp options and financial aid resources. Oceanside’s Parks and Recreation Department provides scholarships for activities like skateboarding, surfing, and more. Visit this link for a list of camps in Oceanside: https://www.flipbook.thesaucecs.com/OceansideSummerCamps/mobile/index.html.
You can also plan budget-friendly activities such as picnics, nature walks, and local cultural events to stretch your entertainment budget further.
This summer, embrace opportunities to save while creating lasting memories with your family. From affordable camps to local adventures and financial aid planning, proactive steps can significantly impact your summer budget. Start early, stay informed, and make this summer both enjoyable and financially smart.
