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When a banana is starting to get soft, you could make banana nut bread. Or, for a great summertime treat that doesn't involve turning on the oven, you could make a milkshake! Peel the banana and place it in a sealable plastic bag, then stick it in the freezer. When it is frozen, put it in the blender with a little bit of milk, some vanilla extract, and a touch of sugar for a frosty treat. Yummy, and frugal too!