FORT KNOX, Ky. – There’s no sugar-cookie-coating it: the holidays can be very expensive.
Among the travel costs, family gatherings, office parties and, of course, loads of gifts, we’re all draining our already strained pocketbooks this time of the year. Be that as it may, I’ve discovered some resourceful ways to save money while still showing immense generosity and kindness throughout the season.
Planning ahead can be a crucial first step in helping to not spend so much. Taking the initiative to shop throughout the year, watch for sale prices and set a budget in advance can all lessen the financial burden over the holidays. Even if it’s late in the game at this point, thinking about those plans going into next year can help in the future.
Many banks will allow their customers to create separate savings accounts for dedicated purposes, such as Christmas funds. Setting money aside in such an account throughout the year can be another way to ensure extra capital is accessible come shopping time.
For those of us who weren’t able to get a step ahead this year…
Read complete post here: