1. Take a vacation.
2. Purchase season passes to a local museum, recreation center, or attraction in or near your hometown.
Season passes allow you unlimited visits to whichever venue you choose. This can be especially fun if you have small children and the venue offers a lot of “kid-friendly” activities. And the best part of it is this is something you can start doing right away.
Oftentimes, when you purchase season passes, you also have certain privileges that other one-time visitors don’t. For example, you may be allowed into the attraction at an earlier hour than everyone else. You may also qualify for discounts for food or souvenirs bought at the attraction, and many of the activities which would normally require a small fee may be free.
3. Give the money you save on insurance to your favorite charity.
You may have wanted to do this for a while, or you may have had to stop donating. Now that you have extra money coming in, it’s possible to do this. One way you can do this is by increasing the amount you give each week or month to your religious organization and designating the extra amount to the particular outreach program (such as a rescue mission or similar organization) that your church or denomination supports. Or you can make the donation yourself.
4. Buy something the whole family can enjoy like a home theater, pool table, or similar item.
Not only will this give your family something new, but it will provide a means of spending more time together. Of course, you could always do something practical like increase your savings, start a college fund for your children, or even get extra coverage on your insurance plans.
No matter how you decide to use the extra money, whether you save it or splurge on something, no one is going to say no to having more money for the same coverage. Look into updating your insurance today!