Summer is the time for sunny vacations and travel with friends and family.

You'll have fun days out on the town and at the beach. But all of this fun probably comes with a cost. No matter how you spend your money, it's important to keep track of it. At the very least, you don't want to find yourself stretched too thin when fall comes around. Breaking down a budget can be difficult though. Here are a few easy steps to follow.

1. Assess your budget needs

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The first step is figure out how much you need to spend over the summer. Think of this as your daydream number. It might not be what you'll end up spending, but it will include all the things you want to do. Total up the possible expenses of all the trips you want to take and all the places you want to visit. Write this number down for later. If it seems high now, don't worry. This is just your daydream. You'll probably need to cut down on what you want to do in order to get amore affordable figure.


2. Figure out how much you can afford to spend

Examine your finances and figure out how much funds you'll have available. Include all the money you're willing to spend. This can include what's in your checking, savings, and maybe even the limits on a few credit cards. Be careful with the credit though. You don't want to overspend and have to worry about higher minimum payments later on. Once you've figured out how much you can afford to spend without going bankrupt, compare the number to your daydream number. If it's more than or about the same as your daydream, then you're golden. If it's less or you just want to save more money, then you'll need to think about cutting back on your summer plans.

3. Trim the fat first

Do you really need to visit three different cities? How many concerts do you really need to go to? Maybe you don't need to spend so many days at the beach. Get rid of the most expensive or least important items from your itinerary. This is up to your discretion. Maybe you definitely want to attend several different theatre shows. Prioritize that, but you'll also need to cut out something else if you want to stay inside your budget.

4. Consider your transportation options

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Another way to save money is by switching from flying to driving. You can also take public transportation at your destination instead of renting a car. If you're planning a lot of local beach trips, maybe you can carpool with a friend and split the gas costs instead of driving separately. However you want to do it, transportation is likely going to be your biggest expense. Any way you can bring that total down will help you stay in your budget.

5. Lastly, think about your food costs

Food is may be your next most expensive item. We all have to eat, right? But you can still cut this back by limiting restaurant trips and stocking up on groceries instead. Of course, you'll still want to go out with your friends, but you definitely don't need to eat out every week. Limit this to the most important restaurants or occasions to minimize the impact on your budget.

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Over two years into the most momentous event in our lives the world has changed forever … Some of us have PTSD from being locked up at home, some are living like everything’s going to end tomorrow, and the rest of us are merely trying to get by. When the pandemic hit we entered a perpetual state of vulnerability, but now we’re supposed to return to normal and just get on with our lives.

What does that mean? Packed bars, concerts, and grocery shopping without a mask feel totally strange. We got used to having more rules over our everyday life, considering if we really had to go out or keeping Zooming from our living rooms in threadbare pajama bottoms.

The work-from-home culture changed it all. Initially, companies were skeptical about letting employees work remotely, automatically assuming work output would fall and so would the quality. To the contrary, since March of 2020 productivity has risen by 47%, which says it all. Employees can work from home and still deliver results.

There are a number of reasons why everyone loves the work from home culture. We gained hours weekly that were wasted on public transport, people saved a ton of money, and could work from anywhere in the world. Then there were the obvious reasons like wearing sweats or loungewear all week long and having your pets close by. Come on, whose cat hasn’t done a tap dance on your keyboard in the middle of that All Hands Call!

Working from home grants the freedom to decorate your ‘office’ any way you want. But then people needed a change of environment. Companies began requesting their employees' RTO, thus generating the Hybrid Work Model — a blend of in-person and virtual work arrangements. Prior to 2020, about 20% of employees worked from home, but in the midst of the pandemic, it exploded to around 70%.

Although the number of people working from home increased and people enjoyed their flexibility, politicians started calling for a harder RTW policy. President Joe Biden urges us with, “It’s time for Americans to get back to work and fill our great downtowns again.”

While Boris Johnson said, “Mother Nature does not like working from home.'' It wasn’t surprising that politicians wanted people back at their desks due to the financial impact of working from the office. According to a report in the BBC, US workers spent between $2,000 - $5,000 each year on transport to work before the pandemic.

That’s where the problem lies. The majority of us stopped planning for public transport, takeaway coffee, and fresh work-appropriate outfits. We must reconsider these things now, and our wallets are paying

the price. Gas costs are at an all-time high, making public transport increase their fees; food and clothes are all on a steep incline. A simple iced latte from Dunkin’ went from $3.70 to $3.99 (which doesn’t seem like much but 2-3 coffees a day with the extra flavors and shots add up to a lot), while sandwiches soared by 14% and salads by 11%.

This contributes to the pressure employees feel about heading into the office. Remote work may have begun as a safety measure, but it’s now a savings measure for employees around the world.

Bloomberg are offering its US staff a $75 daily commuting stipend that they can spend however they want. And other companies are doing the best they can. This still lends credence to ‘the great resignation.’ Initially starting with the retail, food service, and hospitality sectors which were hard hit during the pandemic, it has since spread to other industries. By September 2021, the US Bureau of Labor Statistics reported 4.4 million resignations.

That’s where the most critical question lies…work from home, work from the office or stick to this new hybrid world culture?

Borris Johnson thinks, “We need to get back into the habit of getting into the office.” Because his experience of working from home “is you spend an awful lot of time making another cup of coffee and then, you know, getting up, walking very slowly to the fridge, hacking off a small piece of cheese, then walking very slowly back to your laptop and then forgetting what it was you’re doing.”

While New York City Mayor Eric Adams says you “can't stay home in your pajamas all day."

In the end, does it really matter where we work if efficiency and productivity are great? We’ve proven that companies can trust us to achieve the same results — or better! — and on time with this hybrid model. Employees can be more flexible, which boosts satisfaction, improves both productivity and retention, and improves diversity in the workplace because corporations can hire through the US and indeed all over the world.

We’ve seen companies make this work in many ways, through virtual lunches, breakout rooms, paint and prosecco parties, and — the most popular — trivia nights.

As much as we strive for normalcy, the last two years cannot simply be erased. So instead of wiping out this era, it's time to embrace the change and find the right world culture for you.

What would get you into the office? Free lunch? A gym membership? Permission to hang out with your dog? Some employers are trying just that.

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Did you hear about the Great Resignation? It isn’t over. Just over two years of pandemic living, many offices are finally returning to full-time or hybrid experiences. This is causing employees to totally reconsider their positions.

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