Holidays, Finances, and the Stress of it All!

The following post comes from the Military Saves Blog.  Follow them on Twitter and Facebook.

By James Lander, Military Saves Director

November 21, 2013

Celebrating the holidays should be the most wonderful time of the year…unless you’re feeling stressed! 

If you are reaching your holiday breaking point, here are a few ideas to help you lessen holiday financial stress:

Create a Holiday Budget

Creating a holiday budget is a very good way to prevent overspending and lessen the stress through the holidays. Once you have a spending plan, stick to it! Taking time to plan your gifts and organize holiday expenses instead of random and last-minute spending, you will be surprised at how much you can actually achieve while potentially enjoying the process.

Taking control of your holiday budget and creating a spending plan can make your holidays go a lot smoother.  Explore creative ways to share the joy that is this time of the year, relieving much of the stress during this season and avoid the dread of unexpected January bills.

Beware:  Online Holiday Shopping Traps – Phony Shopping Websites 
It doesn't matter if it's the day after Thanksgiving or New Year’s Eve, cyber criminals don't take a holiday. Thieves are in the business of stealing money and, especially during the holiday season, online shoppers can be vulnerable preyLearn more here.

Create a Shopping Strategy & a Specific Dollar Amount.

This time of year Military Saves has a number of excellent news articles including how to Avoid Post Holiday HeadachesFive Tips for Making an Afforable Thanksgiving Dinner, and Tips for Saving before the holidays. They include information about make a holiday list and ways to save for the holidays.

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Tip of the Day

  • Written by Administrator2 | January 14, 2014

    To minimize interest charges, limit credit card purchases to those you can pay off in full at the end of the month. In the end you'll have more for emergency savings. http://ow.ly/FJyVP

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