Summer is here, and with it comes a lot of expenditures like summer camps, trips, and various other activities and entertainment. Vacation days can be stressful not only for us, but our wallets as well! Families can often lose control of spending in the summer months, which affects them all year-round.

With summer vacation starting, so too does over-spending for many families in Israel. How well prepared are you for the summer vacation? Did you set aside some funds for summer fun? Did not you prepare in advance? No matter the case, there are things you can do to help the summer months pass with minimal costs.

Surviving the expenses of the summer vacation

Everything begins and ends with precise and detailed planning. Planning what to do during vacation allows you to designate the amount of money that can be allocated towards each activity so that you can monitor expected costs versus actual spending. An organized plan and clear rules will help all family members understand what is planned and when or what activities should be postponed.

How do you manage budget during summer vacation?

Tracking your summer vacation budget can be easy! All you have to do is set a budget, track expenses, check expenses against the budget, and update the activities plan if you exceed the budget.

Set a Budget for July and August

  1. List the activities you plan to do in the summer months in the table or an Excel spreadsheet.
  2. Estimate spending per activity.
  3. Summarize all the above expenses and examine whether there is enough financial resources to cover the costs.
  4. Are the expenditures higher than the funds available? Adjust the activities accordingly (Note: beyond special expenses for summertime, monthly expenses like water, electricity and food can also increase during these months)

Track Expenses

  1. Print out a calendar of July and August
  2. On the page, write down the total budget you’ve decided on for the month
  3. Record activities you participate in, as well as the cost of each activity, on a daily basis. Do not forget to include additional unforeseen expenses spent such as buying water bottles, popsicles, candy, clothing, or gifts.


Checking Expenses again the Budget

  1. Once a week, sum up the expenses you actually paid.
  2. Examine and compare expenditures against the total budget you’ve allotted.
  3. Have you spent more than you planned? There is still time to get back on track! Cancel more expensive activities so that you can meet your budget

Tips for Saving Over Summer Vacation

Are you having trouble reigning in expenses? Between covering the costs of trips, shopping, entertainment, and having some pocket change, it’s hard to stay on top of everything. Get help by downloading Paamonim’s self-help tools.

Related Post

30 Free Things to do This Summer
30 Free Things to do This Summer

Summer vacation means more free time, but... Read More about 30 Free Things to...

10 Free Activities to do this Summer
10 Free Activities to do this Summer

Summer vacation means more free time, but... Read More about 10 Free Activities...


    Password Reset

      Not registered? Fill in the fields below
      Sign up and be one of thousands of our members, we commit ourselves suitable content customized for you, you'll also respond to on the site and send stories

        Choose your role
        Paamonim answer
        Service "Paamonim reply" at your service at any time, providing answers to questions and general information on the subject of family economy.

        Please complete the form below and a representative of "bells answer" will be happy to answer your question.

        Please note that the information and the answers given are general and incomplete and do not come to replace professional personal advice based on the applicant's personal data. If you decide to act on the basis of this information, you bear full and sole responsibility for your actions and results and shall no responsibility for organizing bells or his representative.

          You can get answers to your questions on family economic management from "Paamonim Answers".
          Please ask us about anything that is bothering you about household economics in Israel. You do not have to disclose any of your personal details or any information about your economic situation.
          The service is given by a professional team, highly experienced in the area of family economic rehabilitation.

          Please note, the information and answers are of a general nature, and not comprehensive. They are no substitute for professional personal counseling, based on the particular details of the applicant. If you decide to take any action on the basis of the information you receive from "Paamonim Answers", you take complete and exclusive responsibility for your actions and their consequences. No responsibility falls on the Paamonim Organization or on any of its representatives.

          Contact US / Fill in the fields below