Skip to main content

The signs of summer are beginning to appear: Air conditioners are humming, pools are opening, and gardens are just starting to show some activity. Nature is unfolding and temperatures are rising—along with the temptation to spend money.

Here are 3 ways to keep summer spending under control:

1. Ride your bike instead of driving your car.

Fuel prices typically rise during the summer with peak prices hitting the pumps in May. Companies producing summer-blend gasoline generally push up prices. Winter-blend gas evaporates more quickly, which equips cars to start easier and more quickly during cold months. The summer-blend fuels produce less smog and emissions. The transition drives prices higher.[1]

Motorists spend on average nearly $9,000 a year to maintain their vehicles, which includes paying for gas. Using your bicycle a couple days of the week translates into big savings and better health. You can also use your bicycle to run short errands.[2]

2. Improve your air conditioner’s efficiency.

Cooling our homes in the summer can get expensive. According to the U.S. Department of Energy, heating and cooling our homes consumes nearly half of the energy we use.[3] You can trim your monthly expenses by improving your air conditioner’s efficiency. Here are some simple tips:

Plant trees or shrubs to shade your A/C: Shade will help keep your unit cooler and could increase your system’s efficiency by 10%.[4]

Install solar window screens: By decreasing the heat coming into your home, your A/C doesn’t have to work as hard. Solar screens can block nearly 70% of the solar energy from entering your house.[5]

Raise your A/C temperature at night: Simply making your house slightly warmer at night can save you up to 15% on your air conditioning bills each month.[6]

3. Cut down your water bill

Believe it or not, there are a few solutions to keeping your yard nice and green this summer without having to pay an enormous water bill. Here are a few items to look into:

Invest in a smart irrigation system: This may reduce your water bill by up to 50% while keeping your garden healthy

Use drought resistant plants in your garden: There are plenty of beautiful plants that fall under this category to look into

Add mulch to your lawn: A simple process that can add more nutrients to your lawn and reduce water use at the same time.

Pull the weeds more frequently: This may be a pain to many people, but you don’t want your water to be wasted on weeds!

Many people also enjoy a nice cold shower during those hot summer days. While they sure feel nice, they can also increase your summer water bill. Low-flow showerheads cut water use by more than half. Older showerheads can use nearly 5.5 gallons of water per minute while the low-flow ones use about 2.5 gallons. That means you can cut your monthly water bill by more than half. People who take showers typically use about 35 gallons of water per shower. Using low-flow showerheads and switching to 5-minute showers can save you more than 25 gallons of water per shower.[7]

A few simple lifestyle changes can save you money during the summer. If you’d like to learn more about ways to manage your finances, we’d be happy to talk.








Important Disclosure Information

Please remember that past performance may not be indicative of future results.  Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Dechtman Wealth Management, LLC [“DWM”]), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful.  Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions.  Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from DWM. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. DWM is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the DWM’s current written disclosure Brochure discussing our advisory services and fees is available for review upon request or at

Please Note: DWM does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to DWM’s web site or blog or incorporated herein, and takes no responsibility for any such content. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

Please Remember: If you are a DWM client, please contact DWM, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services.  Unless, and until, you notify us, in writing, to the contrary, we shall continue to provide services as we do currently.

Please Also Remember to advise us if you have not been receiving account statements (at least quarterly) from the account custodian.

Join our newsletter

"*" indicates required fields

This field is for validation purposes and should be left unchanged.