Fabulous Financial Facts – Spending Strategy for the Holidays
Fabulous Financial Facts – Spending Strategy for the Holidays
During the holiday season, shopping for presents can bring on two things: emotional and financial stress! Over spending and running up large balances on your cards can lead to high interest charges in addition to your holiday purchases. It might also mean that you don’t end up paying off these charges until the spring or summer.
Start by thinking back to your holiday shopping patterns over the last 5 years. Choose a year that you bought gifts for everyone on your list, but spent a reasonable and affordable amount. Add the approximate charges for these gifts and then divide the amount by 12. The end number should be the amount you set aside every month. If you have no idea how much you have actually spent yearly over the last 5 years, sit down and figure out right now what you can comfortably afford monthly and start putting the money aside.
Take the time to develop a budget that works for you year after year, allowing you to actual enjoy the holidays and still stay within your budget. It is important to plan ahead, make your lists and stay within your established yearly budget.
Learn how to control your holiday spending so you can relax and enjoy them!
Thanks,
AZ
httpvh://youtu.be/T4ZoTa6_7dY
Related Posts
H is for Happiness Starts from Within
Many of us place happiness at the top of our goals list. The only constant in life is …
A is for A to Z Guide to Self-Care and a Happier You
Everyone needs a little extra care sometimes. And self-care is the best way to create a healthier and …
B is for Baffling Social Security Decisions
If you’re nearing the age of 62, you would greatly benefit by doing some homework to figure out …
C is for Charitable Giving and Choosing Well
Giving to charity can be rewarding and satisfying. And especially so when you know that your hard earned …
How to Keep Your Assets Confidential
How to Keep Your Assets Confidential? …
D is For Diminished Identities Of Women Need To Be Rewritten
As a women entrepreneur, I have witnessed many moments where a woman’s worth is based mostly on having …
E is for Inspiring Ethics In The Workplace
Entrepreneurs start with a creative idea. Then a dream to take their business or product to a level …
F is For Facebook Is Not Concerned with Your Privacy
Face it, we’ve all heard the breaking story of a firm taking the personal information of 50 million …
G is for Getting the Most Out of Your Credit Card
To reap the benefits of using a credit card make sure you choose a credit card with paybacks. …
H is for How to Choose the Right Beneficiary for your HSA
Do you have a beneficiary for your HSA (Health Saving Account)? You’ll want to choose carefully so that …
Search
Categories
- Answers from A to Z (531)
- Chicks Chat and Change (347)
- Divorce (186)
- Estate (25)
- Events (1)
- Exciting News from AZ (4)
- Family $ (3)
- Guest Articles (8)
- Interviews and Media (28)
- Invest (33)
- Kids $ (36)
- Need to Update (25)
- Protect (72)
- Retirement (29)
- South Dakota Trust (13)
- Tech (12)
- Uncategorized (6)
- Videos (59)
- Widow (7)
- Women $ (55)
- Women, Money, and Divorce (352)