fathers-day

With Father’s Day just around the corner, your family faces the age-old question: what should I get dad? He doesn’t always make it easy. If he’s not dodging your questions about what he wants, he’s telling your kids that their love is enough. While that’s sweet enough to cause cavities, you can’t let his special day go by without any fanfare. The man in your life deserves a little spoiling, whether he agrees or not.

His gift-dodging isn’t the only barrier to his big day. Lackluster finances can make it hard to celebrate dad in the way he deserves. If you’re worried your family’s attempts at spoiling dad on Father’s Day will break your budget, follow these practical tips to find inexpensive inspiration.

Homemade gifts

Last year’s Father’s Day saw a record-high spending of $15.5 billion according to the National Retail Federation. The NRF expects this year to continue this upward trend, with most people treating dad to dinner, buying him a new wardrobe, or taking him to a ballgame. That averages out to about $130 per family — an amount that may not be in your budget.

Rather than spending too much on new clothes or a steak dinner, try having your kids make something for his big day. Homemade gifts are one-of-a-kind items, and the time they take to create proves just how much you care about him. Avoid the cost of a retail gift by organizing a craft day the next time he’s out of the house. Making gifts kills two birds with one stone. Not only will you make an inexpensive, thoughtful gift, but you’ll also spend quality time with your kids as you craft.

Treat him to a homecooked meal

While the rest of the country treats dad to brunch or dinner, you can avoid the cost of these expensive restaurants by making him a homecooked meal. Breakfast in bed can be a wonderful surprise on the morning of his big day, and it’s easy to pull off — even if your kids decide to help. Otherwise, you can secretly shop for his favorite meal the next time you visit the grocery store. Have your kids distract him out in the yard while you cook up something from the Food Network’s list of Father’s Day recipes.

Be prepared to go over

Even if you try to keep on budget, your gifts may stretch your finances. Maybe you end up burning the steak you bought for his special dinner, forcing you to spend more on a dinner. Hidden costs to his big day can leave your budget unprepared for other bills or repairs that might crop up this summer.

If you’re short when facing these emergencies, you can get an easy installment loan to bridge the gap. While traditional banks may take time to process your request for an advance, an online lender like MoneyKey offers responsive assistance that works best for time-sensitive bills. Unlike other short-term cash advance loans, installment loans allow you to pay them back over a longer period of time, so their repayment terms have less of an impact on your overall financial health.

Father’s Day is supposed to be a day when you and your kids celebrate all that he does for your family. It shouldn’t be the reason your finances go off the rails. Keep your costs low by using these practical tips, and you can spoil dad without spoiling your budget.