Summer is here, and it's time to enjoy the season without breaking the bank.
Hedge & Sachs, a consultancy firm in Dubai, shares five wallet-friendly tips to make the most of summer while being mindful of your finances.
Track your expenses
Set a realistic budget and stick to it. Allocate specific amounts for entertainment and dining out. Use digital tools or budgeting apps to monitor your income and expenses. By understanding your spending patterns, you can identify areas where you can save and make informed financial decisions.
Take advantage of summer discounts and sales
Explore the multitude of discounts, sales, and special offers available during summer. From malls to shopping centers, you'll find enticing deals on summer attire and home decor. Look for clearance sales, limited-time offers, loyalty programs, and digital coupons to enhance your savings.
Plan your summer travel in advance
If you're planning to travel, book your flights and accommodations early. This allows you to take advantage of early-bird discounts and secure the best rates. Planning ahead not only saves money but also ensures a smoother travel experience.
Attend free or low-cost events
Check the local calendar for free or affordable events happening in Dubai. From concerts to workshops, there are plenty of activities to enjoy without spending a lot. It's also an opportunity to engage with different communities and socialize with people from various walks of life.
Get creative with entertainment
Explore inexpensive entertainment options. Enjoy nature by going for a hike, visiting Dubai's beautiful beaches, organizing a picnic in the park, or heading to the arcade with friends and family. By thinking outside the box, you can create memorable experiences without straining your finances.
Remember, with a bit of planning, budgeting, and smart choices, you can fully embrace the joys of summer while ensuring your financial well-being. As Abhishek Jha, co-founder and board member of Hedge & Sachs, suggests, make the most of the season without spending too much.
News Source: Gulf Business
