There’s something about Fall that gets everyone excited. Maybe for you it’s the newly released pumpkin spice latte, or the change in scenery in front of your house with the colorful leaves. For me, who always is a sucker for a deal, it’s the different ways I will be able to save heading into the new season. As everything else begins to change, this is the perfect opportunity for your spending and saving habits to change for the better. Commit to your fall budget by following these 7 easy tips to help you save.
1. Use your rewards debit card
If you find yourself reaching for your credit card to make most of your daily purchases, this fall try to make the switch to your rewards debit card. At Radius, the rewards debit card offers 1.00% cash back on all “credit” transactions.1
2. Make room for fall
With the beginning of every new season, you should clean out what you won’t be needing for at least a couple of months. For fall especially, there are a lot of summer clothes you can put away or maybe even put up for sale. Now, apps like Poshmark and ThredUP are available to help you get rid of some clothes you won’t wear again. Instead of just piling everything in a box this fall, you could make some cash off clothes you don’t mind giving away.
3. Take advantage of frugal fall fun
The best way to celebrate the new season is to find some fall activities to do with your friends and family. Luckily, fall offers so many opportunities at a low cost to you – it’s the perfect time to take a hike and enjoy the colorful view or go apple-picking at a local farm. As 2020 is the year for social distancing activities, fall is the perfect time to stay outside and enjoy each other’s company.
4. Decorate on a budget
Whether you want several pumpkins on your front steps or just one, be smart about where you make your fall decoration purchases. Your first thought might be to head to your local home decorating store and take what you see, but this year try to think outside the box while still giving your home the fall look you have in mind. Taking advantage of the leaves that fall in your own front lawn, there are plenty of DIY fall decorations that could double as a fun activity and a cost-efficient solution to decorating.
5. Prepare for the winter
In some areas, the fall weather is a reminder to how cold it is going to get in the winter months. This means that you are going to have to prepare for home-heating costs, but there are steps you can take around the house to lessen this year’s bill. Clear your vents, replace the filters and check for drafts so you can stay away from touching your thermostat for as long as possible.
6. Cook at home
You might have spent too much money this summer on treating yourself to dinner on the town or take-out. Let’s make fall the season you prepare your own food. Finding different fall recipes can make staying in a bit more exciting and can change up your usual routine.
7. Cancel your gym membership
While the weather is still nice, find different ways to exercise this fall. Taking a few months off from your gym membership can save you some extra money for the holiday season. Thinking about making a gym at home? Read our blog post on building your own gym on a budget.
This fall’s budget tips will help you get a handle on your own money. Need to start planning for your shopping this winter? Take advantage of our personal financial management tools to make sure you’re able to save enough before the holidays.
1 The Debit Card Rewards Program (Cash Back Rewards) will provide 1.00% cash-back on all Qualified Purchases made by eligible Rewards Checking account holders if the account holder does any of the following; meet the requirements, is grandfathered in, or keeps an average balance of $2,500 or greater within the calendar month in their Rewards Checking Account, or receives total deposits of $2,500 or more in their Rewards Checking account via qualifying Direct Deposit within the month. Qualifying Direct Deposits are Automated Clearing House (ACH) credits, which may include payroll, pension or government payments (such as Social Security) by your employer, or an outside agency. Radius Bank may require documentation to verify that credits are Qualifying Direct Deposits. The value of this reward may constitute taxable income to you. You may be issued an Internal Revenue Service Form 1099 (or other appropriate form) to you that reflects the value of such reward. Please consult your tax adviser, as Radius Bank does not provide tax advice. Qualified Purchases include signature-based purchases made with a Radius Bank Debit Card tied to a Rewards Checking account enrolled in the Debit Card Rewards program. These are “credit” purchases that can be made in stores and online. To make a signature-based purchase, select “credit” rather than debit at point-of-sale kiosks. The “credit” option is most often pre-selected when making purchases online using a debit card. Online subscription payments may not be considered signature-based purchases. The payment transaction type (signature-based or other) is ultimately decided by the merchant and how the transaction is transmitted to Radius Bank at the time of processing. We reserve the right to determine if a transaction was a Qualified Purchase, and to establish additional types of Qualified Purchases that could be made available in a variety of ways. Any goods or services purchased with the Radius Bank Debit Card that are returned or otherwise credited to your Account are not qualified purchases. Unlawful purchases and purchases of currency, cash or cash equivalents (including, without limitation, currency from the U.S. Mint, Travelers Cheques, gift cards, Cryptocurrency, Casino Chips, Peer to Peer Payments, prepaid debit cards, account openings, loan payments, or other cash equivalents) made with your Radius Bank Debit Card are not Qualified Purchases. We may require you to provide documentation to validate that certain purchases are Qualified Purchases. Radius Bank reserves the right to modify or discontinue this program at any time. Your enrolled account must remain open, active, and in good standing to participate in the program, meaning: No NSF (non-sufficient funds) items during the preceding twelve calendar months in your checking account (regardless of the type of checking account). An eFunds check must show no negative history in the preceding twelve months and all monthly servicing fees must have been paid in full for the 12 preceding months. Radius Bank reserves the right to modify the description of “good standing” at any time. If you or the Bank closes your account for any reason before the end of the statement cycle, you will forfeit all rewards accrued through your linked Debit Card during that statement cycle.