Skip Nav
Humor
This Reporter Was Not Given Proper Warning Before Going on the New Disneyland Ride
Consumerism
6 Secrets From Best Buy Employees That'll Change How You Shop
Wellness
10 Ways to Practice Self-Care This Weekend (That Don't Involve Spas)

Your July Financial To-Dos

We're thrilled to present this smart LearnVest story here on Savvy!

The weather is beachy, the sun is tempting, and your finances are still, well … your finances. So we’ll ask you to take a brief break from your chic garden parties and midsummer soirees to double-check that your money is pulling its weight—which, of course, leaves you free to enjoy summer to the fullest.

Here’s what to do for your finances in July:

Reassess Your Budget. Deadline: Tuesday, July 5

Go to the LV Budgeting Tool to make sure you’re sticking to your current budget. Vacation spending can throw it off, so make sure you reallocate for the coming months if you’re spending more during the summer. Adjust your numbers if your income, goals or lifestyle has changed.

Check Your Credit Score. Deadline: Monday, July 11

We recommend you do this once each season. This magic number helps lenders decide whether you’re worthy of their credit (as in, can they trust you with a credit card or a mortgage?). A big, sudden drop in your score can indicate a problem with your credit report—such as errors that can wrongfully weigh it down—so we recommend checking your score regularly. For instructions on how to do this, click here.

ADVERTISEMENT

Read on for more July financial to-dos.

Take Stock Of Your Energy Use. Deadline: Thursday, July 14

Sit down with your most recent electricity bill and figure out what you could do to reduce it for next month. We know it’s hot out, but that makes now the time to figure out ways to cool your home for less. (For an extra nudge, check out these eight ways to save on summer energy costs. Click here.)

Chill Out. Deadline: Friday, July 22

Look, it’s summertime. If you stress out too much over the things you have to do, you won’t actually enjoy the longer days and balmy nights. Taking a break isn’t just a nice thing to talk about—it actually helps you perform more efficiently at work and in life. So, this weekend, give yourself a bona fide break. Here’s why time off is so crucial.

Get Tidy Around The House. Deadline: Thursday, July 28

Whether or not you’re moving this year, take the opportunity to spruce up your home—fix and paint holes in the wall, touch up scrapes in a wooden floor or just switch out some of your home accessories to achieve a new look. (Learn here how to fix up issues like these in less than a day.) This low-key home makeover will go a long way, whether you’re trying to make your house look good for potential homebuyers or trying to make sure you get your security deposit back from your landlord.

What To Buy In July

  • Furniture: Retailers are clearing space to make room for new inventory.
  • Big appliances: Sales for these tend to follow holiday weekends, so consider going around Independence Day. Suits Buy spring suits in the middle of the summer, when the inventory is on its way out. 
  • Butter: Interestingly, butter production tends to be at its best during June and July, so prices are accordingly low—you can freeze butter to make it last for up to six months. 
  • Paint: When it’s hot out, no one feels like painting . . . which is why it’s cheap at this time of year.
Around The Web
Join The Conversation
Anna-Monette-Roberts Anna-Monette-Roberts 5 years
Woohoo! I need to implement this schedule for sure.
Financial Tricks
The Most Common Tax Scams
How to Earn Travel Credit Card Rewards
Healthy Latin Recipes
Best-Paying Jobs For Women
Ways to Appear Smarter During Meetings
Build Credit Without Using a Credit Card
Healthy Huevos Rancheros Recipe
Should I Take the Job?
Affordable Ways to Update Your Wardrobe
From Our Partners
Latest Afforable DIY & Organization
All the Latest From Ryan Reynolds