Summer camps can be a great way for kids to stay active and entertained during the summer months. Whether it’s a camp that your kid visits for a couple weeks or only during the day, it can be a rewarding experience. But how do you cover the costs? Let’s look at how to budget for summer camps.
Determine If Your Family Qualifies for Discounts
Many summer camps offer discounts based on income or some other qualifier. Visit the website of the summer camp and check for any information on discounts. If you can’t find any information, contact the camp and ask. It never hurts to ask and may provide you with information on obtaining an application to apply for the discount.
There are also sometimes discounts for enrolling more than one child. Some camps also offer discounts for enrolling your child year after year or for multiple sessions during one summer.
Take Advantage of Tax Breaks
Did you know that you can qualify for tax breaks when sending your kids to summer camp? The parents or caretakers of children under the age of 13 or disabled children of any age that are a dependent can receive a tax break. Speak with your accountant to determine the benefits for your financial situation and to see if you qualify.
Consider Sponsored Summer Camps Rather Than Private
Sponsored summer camps can be more affordable. Some may even offer financial aid to those who qualify. Check with local organizations such as the 4H Club, the Salvation Army, etc. You may even want to check with the department of social services to gather information on affordable camps.
Pay Early to Save Big
Another great tip is to enroll your child early. Paying ahead of time can save you money if they offer an early enrollment discount. If you have the money to do so, pay in advance.
Look Into Day Camps
Last, but not least, if you can’t afford a weekly or monthly summer camp option, look into day camps. Day camps can be fun for your children and more affordable. This allows your kids to be home in the evenings but still allows you to work during the day.
Summer camps have been a tradition for many families for generations. If you want to continue that tradition, or offer your kids something you never experienced, try these tips to help you budget for it. Whether it’s a day camp or a camp that lasts for a few weeks, the expense is well worth it.