August 2026 Basecamp Newsletter

Welcome to Basecamp, the monthly newsletter from P1FCU! Each month, we'll bring you free tips and strategies to improve your financial well-being, plus some insight into all the resources you have access to as a P1FCU member. Welcome! Become a subscriber below.

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Community events have a special way of bringing people together. They create traditions, support local businesses, and give families opportunities to make memories that can last for generations. But beyond the fun, food, and entertainment, events can also have a meaningful impact on the communities they serve.

On this episode of Making Sense of Money, we sat down with Greg, the interim manager at the Walla Walla Fairgrounds, as they celebrate their 160th year of this event. We will look at the positive impacts that events like Walla Walla Fair and Frontier Days have on the community and the economy, and offer some financial tips and tricks.

The Impact of Community Events

When thousands of people come together for events, the impact can be seen far past the venue or event center that hosts the festivities. Visitors may stay in local hotels, eat at nearby restaurants, and shop at small local businesses and vendors.  

For Walla Walla, the impact that the Fair and Frontier Days has on the community is significant. With over 90,000 attendees during Labor Day Weekend, the community sees a spike in hotel bookings, bringing increased business to local restaurants, food vendors, and other businesses.  

One of the most significant impacts is seen at the Walla Walla Cattleman's Association sale, which can bring in around $850,000. Greg explained that, with these funds, the majority goes back into the community, supporting kids raising those animals. 

"It's a large impact on our community over Labor Day Weekend," he shares.  

This example shows how everyone can have an impact on their community by being intentional about where they spend their money. By supporting local, our communities can keep money circulating within the places we call home.

Budgeting for Community Events

While community events can benefit local economies, they can also have an impact on our personal budgets. Admission, food, parking, activities, and souvenirs can quickly add up to a high expense. Before heading to an event or planning a trip, consider setting up a spending limit and plan for any extra or unexpected expenses.

One way to help with budgeting and planning is to look for free or discounted activities and special offers. At the Walla Walla Fair, for example, Greg notes that the first day offers free admission until 3 pm, with opportunities to enjoy activities at no extra cost.

A little planning and research can help everyone enjoy experiences, all while keeping the budget on track.

Want to keep reading about how community events impact our economies? Click below to continue.

How Community Events Impact Local Economies

Listen to Making Sense of Money

We took the podcast on the road and met with Greg Tompkins live on site at the Walla Walla Fairgrounds. Listen or watch our newest episode here. 
 

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Enter to Win!

Want a chance to see Cheap Trick live at the Walla Walla Fair and Frontier Days or just attend the fair? Click below to learn how to enter on our Facebook and Instagram.































What Your Financial Institution Will Never Ask For

Scammers are becoming increasingly clever and convincing. They may know your name, phone number, or your financial institution's name, making it difficult to determine whether a call is legitimate. With this in mind, there are certain things that a legitimate financial institution will never call and ask you for.  

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This is for educational purposes only and not financial advice.