The Best Ways to Save Money in Toronto this July
Every park and patio is filled to the brim and there are off-the-shoulder tops as far as the eye can see. It can only mean one thing – it’s officially #summerseventeen.
Once the temperature rises consistently above 25 degrees, it can be tempting to go into vacay mode and start treating yourself everywhere you go. Maybe a new pair of sandals today, a fancy mojito tomorrow. It’s totally understandable – we Torontonians have to endure a brutally long and cold winter before we can finally enjoy shorts-and-tank-top weather. However, if you’re watching your money, all those little summer indulgences can certainly add up.
But just because you’re on a budget doesn’t mean you can’t have fun! I’ve rounded up a few ways for you to still enjoy yourself this month without breaking the bank.
1. Check out a Fringe Fest show
Running from July 5-16, the Toronto Fringe Fest is the perfect way to enjoy some quality live entertainment this month without spending hundreds of dollars on a theatre ticket. This year, there will be 160 plays at 35 venues across the city. And the best part? Single tickets are only $12 and multi-show passes start at $47. Looking for even cheaper entertainment? There will also be over 50 free Fringe events at the Fringe Club at Scadding Court.
2. Shop Your Neighbourhood Flea Market
Need a present for a friend’s birthday? Or maybe you just want to spruce up your home with some unique finds? You could hit up one of the numerous boutiques Toronto has to offer, but if you’re looking for a dal, flea markets are where it’s at. The next Parkdale Flea Market is on July 9 and the Trinity Bellwoods Flea is on July 16. But if you’re not a west-ender, don’t worry. There are summer markets in Leslieville, the Distillery District, and many more Toronto neighbourhoods.
3. Take your Workout Routine Outdoors
Now that it’s summer, there’s no need to shell out your hard-earned cash on fancy indoor exercise classes. There are so many outdoor activities you can do that will help you work up a sweat for way less. You could join a running group, go on a hike in High Park, grab a friend for a round of tennis, the opportunities are endless! In fact, there’s even a website called Svveat which can help you find free workouts and fitness classes in the city.
Bonus tip: if you do have a gym membership, many places will let you pause it for a month or two so you can enjoy the summer sun this July and then return to the comfort of an air-conditioned workout studio in the fall.
4. Airbnb (or Sublet) Your Home
If you have a vacation coming up (lucky you!) and want to offset the costs of your trip, one option is to Airbnb or sublet your home while you’re away. Toronto is a popular destination for travellers in the summer so depending on your location, your pad could be in high demand. Of course, there’s always a bit of a risk opening up your place to a stranger and you’ll definitely want to get permission from your building management first but if you find a suitable guest, it could save you hundreds of dollars on rent and utilities. To start, try asking your friends and family if they know of any potential subletters, and then post in places like Bunz to get the word out.
5. Ride Your Bike to Work
This is a well-worn money saving tip but it’s an oldie-but-goodie for a reason. Especially in Toronto, with the ever-rising cost of the TTC and gridlock traffic, riding your bike can save you a ton of money and let you enjoy the summer weather at the same time. Plus, with the new bike lanes on Bloor Street, there’s never been a better time to dust off that helmet and two-wheeler and get pedalling. Check out the city’s Cycling Network to plan out your best route.
6. Dine Al Fresco On Your Own Balcony
After a long work week, what better way to unwind than with a glass of wine on a sunny patio? Of course, in Toronto, there is no shortage of trendy restaurants to choose from, but if you’re looking to save money, these probably aren’t the best bet. Instead, if you’re lucky enough to have your own balcony, you can pick up a bottle of vino from your local Wine Rack and recreate the experience in your own home for a fraction of the cost. In fact, with the money you save, you could even splurge on some fairy lights and plants to make your outdoor space extra cozy.
Summer fun doesn’t have to drain your bank account. With a little creativity, you can be well on your way to saving major bucks this month.
Featured Image: Instagram/@myburgher
Have any other tips to save money in Toronto this July? Sound off in the comment section!
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