You can accidentally blow your budget when you’re spoiling dad on his big day. If you want to make sure you celebrate Father’s Day without breaking the bank, check in with these practical tips for money-conscious families.
Spend time together
One of the most common mistakes a family can make is assuming a gift overshadows anything else you can do for Father’s Day.
This is especially true when the family in question is short on time to share with one another — buying something is simply easier than finding room in your schedule.
Avoid putting too much emphasis on the presents he can unwrap on the big day. There’s no greater gift than time spent together — particularly if you rarely spend quality time with each other, thanks to your busy schedules.
Sit down with your kids and help them brainstorm how they can celebrate their dad through an experience.
If you’re having trouble getting started, try using some of these popular ideas as inspiration:
Between another novelty tie and a mug that says “#1 Dad” in bold typeface, there isn’t a lot to be desired in the stereotypical Father’s Day gifts.
Though these are often the presents left for dad on the big day, they’re rarely something he wants.
Homemade gifts, on the other hand, are a thoughtful and unique way for your kids to show their dad they care. Organize a craft day during a time when you know he’s going to be out of the house, and make one (or more) of the following homemade Father’s Day gifts.
Know your emergency plan
Despite your best efforts, sometimes an afternoon at the game stretches your finances.
Maybe you spent more than you planned by making sure everyone had a hotdog and packet of peanuts. If this accidental overspending leaves you unprepared for other bills or repairs you need to make this spring or summer, an instalment loan is a practical stopgap until your budget balances again.Traditional loans can be a challenge to secure for young families.
When the bank doesn’t provide the help you need, an online lender can be there for your family. Online lenders like MoneyKey offer instalment loans online, quickly and conveniently.
As you can see, when you visit Moneykey.com, they’ve removed many of the complexities and barriers that can stop you from getting the cash that you need from conventional sources.
Because they do everything online, they operate on a faster schedule, so you can hear word regarding the status of your application quickly.
Father’s Day is the one day of the year when it’s all about dads, but don’t forget about your budget in the meantime. If you use these tips to help organize the celebration, you’ll spoil dad without feeling like you’ve compromised your finances.
BA, MA Psychology (and Conflict Resolution), University of Cambridge (2007). With a decade of trial and error in psychology and 33 years of navigating my own complex (that's one word for it!) relationships with family, friends, co-workers and men, I hope I have some useful knowledge and skills to share with my readers about making sense of relationships and trying to become a better person every day.