June Budget Tool Kit

Happy Friday, Friends!

It’s the end of the month, so ya know what that means… It’s time to budget for June! 🤸‍♂️

I’m determined to go into summer intentionally, so I am so stoked to do a little mid-year goal-setting. While we can’t plan for everything, we can plan for some things!

What to Include in June’s Spending Plan 📝

  • 🧔🏻 Father’s Day. Maybe this is where Wednesday’s deep dive on affordable household tools could come in handy, or you might go with the tried and true new socks and tie. But don’t forget about making plans to honor those dads in your life on June 20

  • 🎁 Amazon Prime Day. Just because it’s Prime Day doesn’t mean you HAVE to buy something! But if you have made the effort to identify items you actually need now, and the sale is real, Prime Day can be worth planning for. 

  • 🏖️ Summer vacations and activities. From road trips to pool passes to 4th of July plans, now is the time to take a look at our summer schedule to make sure nothing catches us by surprise!

  • 🩴 Seasonal clothing. Take inventory of what you already have and make a list of any winter clothes you’ll need in a few months–you might luck out on some great secondhand deals as everyone turns their closets over!

What’s on Sale in June? 📢

  • 💪🏻 Activewear. June tends to bring on a new sense of urgency to focus on fitness before the summer season, and with that comes sales on activewear.

  • 👩‍🍳 Dinnerware and cookware. June is a big wedding and graduation season and we can take advantage of that! Turns out, retailers respond to an increase in registry lists by dropping prices on common registry items like dinnerware and cookware!

June’s Big Money Move 💸

Set up a retreat to talk about your 90-day transaction inventory–let’s call it a solo-retreat for us single friends or a couples retreat for you partnered folks.

Block off some time, get cozy, and settle in to answer a few questions: 

1. What can I/we celebrate about our progress this month?

Example: I’m on track to spend less at restaurants this month than I averaged during my 90-Day Transaction Inventory.

2. What are the directional activities I/we are taking toward implementing change?

Example: I’ve been going on walking dates instead of restaurant/bar dates to avoid spending unnecessarily.

If maximizing your credit score to get better interest rates on those big purchases, like a car or a home, is on your radar – check out SmartCredit and try it for $1! Jen explains how it can help you in this video.**

3. What are some challenges I/we have faced this month that I/we would like to improve moving forward?

Example: I need to improve directing more of my paycheck to my high yield savings account). If you need a new suggestion, in addition to our known fav try Betterment! **

Put your money to work in a high-yield cash account with up to $2M in FDIC† insurance through program banks.

Get started today, with as little as $10.

What to Cook 👩‍🍳

Some of my favorite produce is back in season, like blueberries, mangoes, cherries, and carrots. Here’s three recipes using seasonal ingredients I can’t wait to try!

On Tuesday, Jen and Jill are joined by a guest to cover a topic I’ve been obsessing over as I realized I’m well into my 30s with very little saved: How Much Cash Should You Have Saved? with Brian Preston of The Money Guy (Ep 410). 

Today, they bring the subject of this newsletter to life as they dig deeper into What to Budget for This Summer (Ep 411), including pointing out something I totally forgot about: higher summer utility costs!

Tune in wherever you get podcasts and let us know what you thought of the episode over on our latest Instagram post!

Talk soon,

⭐️⭐️ P.S. Want to share all this goodness with your friends AND earn cool Frugal Friends merch?

**Means this is a sponsored or affiliate section. We may earn a small fee or commission when you choose to try one of our sponsor or affiliate partners. But opinions are still 1000% our own.

More To Explore