Forget about red, white, and blue. The Fourth of July is all about the green. If the lack of it in your wallet after the big day is anything to go by, freedom doesn’t come cheap. From backyard BBQs to elaborate fireworks displays, Americans have a habit of overspending on the festivities.
BBQ & Brews Breaks Budgets
When nearly 65% of all Americans attended picnics or BBQs, the worst culprit for overspending was food. The big day is all about hot dogs, burgers, and great cuts of steak, not to mention all of the classic sides that go along with them. As a result, the nation spent $6.77 billion making sure no one went hungry this 4th. According to the National Hot Dog and Sausage Council — yes, there is an official council for hot dogs — 155 million dogs were dressed and eaten on the big day.
Of course, there’s nothing greater than an ice cold beer to wash down that ballpark dog. According to WalletHub, Americans spent $1 billion on beer in 2014. Experts say a rising interest in craft brews and hoppy IPAs are pushing the cost of the average bottle in our hands — which suggests we spent even more on lagers in 2017.
A Pyrotechnics Display Leaves Savings In Ashes
What says the 4th like a late night fireworks display? Despite being the quintessential way to celebrate America’s birthday, amazing pyrotechnics come at a huge cost. Roughly 100 million people watched the night sky as 285 million pounds of fireworks were used. Over $1 billion was spent on these pyrotechnics, $755 million of which were purchased by consumers!
Direct Lenders & Pay Day Loans Can Help
It may be just one day, but the 4th can run away with your extra cash. If you ended up spending more than you anticipated on the party, you may be unprepared for other bills and repairs in your future. Use a pay day loan to cover these cash shortages until you recover from the big day. Ranging from $200 to $1,000, they’re perfectly sized to help with these summertime indiscretions, like one too many fireworks.
Depending on your lender, they can also be a practical solution for when that surprise bill needs to be paid sooner rather than later. Direct lenders like the folks at MoneyKey have streamlined their processes to allow for the fastest working loans possible. They have eliminated much of the typical bureaucratic red tape that can slow down a loan from a conventional lender. As a result, you may be able to receive your cash advance in one business day.
The 4th of July may celebrate how the founding fathers signed the Declaration of Independence, but the only ones that matter are the ones who feature on your bills. If you find yourself low after you supplied the beer and burgers at your neighborhood’s BBQ, consider contacting a direct lender for help. A personal loan can be a practical way to cover cash shortages this summer.