As summer winds down, it’s the perfect time to hit the reset button, not just on routines and structure, but on your finances, too. Between back-to-school expenses, rising costs, and an unpredictable economy, it’s easy to feel off-track when it comes to saving money. But the end of summer can be a powerful opportunity to refocus and supercharge your savings before the year’s end.

Here are smart, actionable ways to boost your savings, even in uncertain times:

1. Review Summer Spending & Reset
Start by looking back at your summer expenses. Did vacations, weekend getaways, or seasonal splurges stretch your budget more than expected? That’s okay—awareness is the first step. Review your bank and credit card statements to understand where your money went. Then, use that insight to reset your budget for the fall with more intention.

Tip: Many budgeting apps connect directly to your accounts and can automatically categorize your spending, making this process quick and painless.

2. Cut the “Subscription Creep”
Between streaming services, food delivery subscriptions, apps, and memberships, it’s easy to lose track of what you're paying for each month. End of summer is a great time to audit your recurring charges. Cancel anything you haven’t used in the last 30 days.

You might be surprised how much you’re spending on services you no longer need, and every canceled subscription is money back in your pocket.

3. Reevaluate Your Utility Bills
As temperatures begin to cool, so should your energy bills. Adjust your thermostat, seal drafty windows, and switch ceiling fans to rotate clockwise to circulate warmer air. If you haven’t done so recently, shop around for competitive rates on internet, insurance, or cell phone plans.

Small changes in monthly bills can add up to big annual savings.

4. Set a Fall Savings Challenge
Sometimes a short-term challenge can be just what you need to build momentum. Try a 30-day no-spend challenge, or commit to putting all “found money” (cash gifts, rebates, refunds, or extra income) into a separate savings account.

You can also aim to increase your automatic savings deposit by bumping it up by 1% this month. It may feel small, but over time, it adds up without drastically impacting your daily spending.

5. Take Advantage of Back-to-School Sales for Yourself and Your Family
Retailers often offer deep discounts on office supplies, electronics, clothing, and home goods during back-to-school season. Use this time to buy items you’ll need anyway in the coming months, especially if you’ve had your eye on something you can get at a discount. Just be sure to stick to your list so savings don’t turn into overspending.

6. Start a Holiday Savings Fund Now
Yes, the holidays are months away—but they’ll be here before you know it. Begin setting aside a small weekly amount now, and you’ll thank yourself later. Even $10 a week starting now means an extra $150 saved by Thanksgiving. Designate a separate account for your holiday fund to keep it out of reach and easy to track.

7. Lean into Low-Cost Fun
With kids back in school and vacation season slowing down, look for ways to enjoy the season without draining your wallet. Take advantage of free community events, fall festivals, library programs, and outdoor activities. Slowing down your entertainment spending without sacrificing fun is a win-win.

8. Visit Your Local Bank 
Don’t underestimate the value of financial guidance close to home. Community banks often offer free financial advice, savings, or budgeting advice tailored to your unique situation. See numerous resources available at Andover Bank.

In times of economic uncertainty, small, intentional steps can make a big difference. The end of summer is more than a seasonal shift—it’s an ideal time to pause, reflect, and take control of your financial future.

Use these tips to reset your spending habits, refocus your financial goals, and supercharge your savings—so you can head into the fall and upcoming holiday season feeling more prepared, confident, and financially strong.