Creating a Holiday Budget: The Most Wonderful Time of the Year

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While the holidays are great for spending time with family, friends, and giving to others — it can also be stress-inducing when it comes to your bank account.

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Holiday Spending Statistics

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As you begin saving for the holiday season, you should create a budget to help you stay on the right financial path. Going into debt and overspending is not a great way to go through the holidays and start off the upcoming new year.

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Determine where your spending will need to go this year:

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Figure out your spending limit for this season

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Start saving for holidays separately

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Swipe up now for more financial tips!

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Creating a Holiday Budget: The Most Wonderful Time of the Year

While the holidays are great for spending time with family, friends, and giving to others — it can also be stress-inducing when it comes to your bank account.

Holiday Spending Statistics

As you begin saving for the holiday season, you should create a budget to help you stay on the right financial path. Going into debt and overspending is not a great way to go through the holidays and start off the upcoming new year.

How To Create A Holiday Budget

Determine where your spending will need to go this year:

Start a record of where you know you’ll be spending money. Keeping a tally can help you determine where to allocate savings and when you might need to start saving.

How To Create A Holiday Budget

Figure out your spending limit for this season

Once you know where you’ll be spending money and what the holiday expectations are, you can set your spending limit.

How To Create A Holiday Budget

Start saving for holidays separately

If you are afraid of keeping track of saving in your current accounts, open up a separate savings account that is strictly for the holidays.

How To Create A Holiday Budget

Swipe up now for more financial tips!

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