Summer Is the Perfect Time for a Financial Checkup

The bills of summer vacation are now on your statement, school’s about to start and the holidays are four short months away. August may feel like wasted “dog days,” but it’s the ideal time for an annual money checkup. Seize on this end-of-summer lull to improve your financial prospects for the seasons to come.

Get your budget back on track

If you’ve blown your budget with summer travel and activities, you’re not alone. A recent NerdWallet Harris Poll found more than 80% of parents planned to travel this summer and expected to charge about $1,000 on their credit card. If you’re making only minimum credit card payments, vacation expenses will linger long after your tan fades.

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