The holidays are a beautiful time. Yet, sometimes they can be strenuous financially. You shouldn’t have to miss celebrating, giving gifts, or enjoying this special time because of money. We’ll help you think of your budgeting and saving a little bit, so you can enjoy the festivities the way you should. Start now with intention, and you’ll reap the benefits later.
Save $5 dollars a day. If you do this, by Thanksgiving you’ll have $300. Have more wiggle room? Try $10 a day and you’ll have $600. Now you can buy those bigger items, or contribute to the meal, or whatever your budget allows.
Use your skills. Are you an artist? Can you make/ create something well? Skilled at some service/process? If so, consider selling some for some extra cash for the holidays. Also, you could make specific, heartfelt gifts for people. The feeling of being gifted something that took time instead of money is never lost. Make someone feel seen and cared for in the personal gift you give.
Eat out less. This is a simple one that makes a big impact. Help yourself at the grocery store by buying meat or products you use often in bulk. While you’re at it – invite some friends over and share the warmth of Thanksgiving, Christmas, or whatever you celebrate. Ask them to bring a side, bread, or dessert.
Request or create a new tradition. Sometimes family and friends mean well, but they may have a pricey tradition. If you want to be part of their plans – try thinking of something more financially accessible. By speaking up, you may be helping out your other friends or family who would benefit from this change as well.
Say no to some things. We all know what we do out of obligation. Try to skip those things, along with activities that are expensive. This will also be a nice break and allow you some breathing room during a busy time. Take some time to relax and just be with your family.
Cancel the subscription for a bit. Whether it’s a box service that comes to your house, manicures, whatever luxury that isn’t needed – trim it for now and use the extra cash. You can always restart it later, but for now – enjoy the extra.
We hope these feel like practical ways to save well for the holidays. We want you to enjoy what matters – the memories! May these items give you some motivation to celebrate and have less financial stress!