Seasonal expenses typically occur each year, but they can still come as a surprise if there’s no extra room in your budget. It becomes especially difficult to manage cash emergencies when you’re living paycheck to paycheck.
If you’re frequently in need of fast cash for unplanned expenses, it may help to create a list of seasonal expenditures that come up each year. From car repairs to a fun getaway with the family, stashing money away in a special savings fund can help you accomplish what you want.
Results from a recent study suggest that the summer may be the second most expensive season, but can you guess what’s even more pricey than fun-in-the-sun? We’ll walk you through some of the most common (and costly) seasonal expenses that you might not have considered to plan for in your budget!
1Davant, J. (2019). Potholes cost U.S. drivers $3 billion annually.
2Leonhardt, M. (2019). The average parent expects to pay almost $1,000 for child care this summer.
3Ross, S. (n.d.). Here’s How Much the Average Wedding Guest and Attendant Spend.
5Brown, M. (2018). A Study of Seasonal Expenses: Do We Spend More During the Summer?
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