Have a Debt Free Christmas This Year

We can all relate to how frustrating it can be to start a new year with last year’s Christmas bills.  With Christmas being only a few more weeks away, we can be prepared for shopping season by planning ahead and creating a budget to work off of.

Here are a few tips to help you stay within your budget this Christmas:

  1. Create a Budget – if you shop without a list, it is easy to overspend or give in to impulse shopping.  Download our Holiday Gift Giving Planner that can help you get organized.
  2. Comparison Shop – starting Christmas shopping early also means you have more time to shop around and check prices at different stores.  Many online stores offer discounted prices or one day only sales.
  3. DIY Gifts- there are many gifts that you can make to give as gifts that won’t break your budget. You can tailor the gifts to the person you’re making it for – all the more thoughtful!

Careful planning can help you debt free – you just need to invest some time now to get organized.

How to Spend Wisely During the Holidays

Christmas is just around the corner and holiday spending may get in the way of your budget.  It is important not to get carried away with gifts and décor.  It may be helpful to create a holiday budget to keep you on track.

Start by setting an amount you are willing to spend this holiday season for items such as gifts and decorations. Remember, once you have your budget set – stay with it.

Holiday Budget Tips:

  • Try changing it up this year, instead of having a huge party, try having a small dinner with close friends and family. This will help you scale down on spending a lot on entertainment and decorations.
  • Also, on a future note, shop for gifts year round and avoid the holiday rush all throughout the winter months. In addition, search for the deals. Look through your weekly flyers for gifts and compare prices between stores.

Remember,  try not to get caught up in the holiday excitement and spend like crazy.  Always check back to your holiday budget and make sure you are sticking with it.