The #FridayFive: Last-ditch Holiday #SavingsTips

Each week, the #FridayFive brings you the top five tweets highlighting important or trending topics from the Twitterverse. While we hope that you're already a regular follower of @AmericaSaves on Twitter, we want to be sure that you're getting the week’s top tweets on personal finance, savings, and financial news.

We’ve hit the threshold, folks! Hanukkah is underway and we’re less than a week away from Christmas Day. (Did I just rhyme?) On the blog, social media, and in digital conversations with partners & friends, America Saves has been sharing helpful tips for making a holiday plan, prioritizing expenses and gift-giving, building a budget, and being a savvy holiday shopper and even savvier holiday saver. ICYMI, here are five of the best last-ditch tips for holiday savings:

1. Keep your holiday spending in perspective. Prioritizing your gift-giving and being savvy in your spending can help keep your budget in check and avoid swaying under any pressure to overdo for everyone.

 

 

2. Check in on your credit report(s). While identity fraud is an issue to be wary of year-round, make it a point to check your credit report(s) and verify that all the activities are a result of your choices around the holidays and not someone else's use of your information!

 

 

3. Spend carefully. Credit cards offer great consumer protections, especially with online shopping, but spend carefully or it'll be "Happy Holidays, you're in debt!"

 

 

4. Resist the urge to impulse purchase. We might be coming down to the wire, but don't sacrifice your budget or your savings to buy on the fly.

 

 

5. It's never too early to plan ahead. Keep an eye out for heavily marked-down decorations and holiday extras to get ahead on your 2015 holiday season budget!

 

Thanks for joining us for this week’s #FridayFive! We'll be on a hiatus during the holidays, but we'll see you in the New Year. Happy 2015!

Have you come across a savings-focused article or blog that is a must read? Share it with us on Twitter (@AmericaSaves) using #FridayFive or send an email to This email address is being protected from spambots. You need JavaScript enabled to view it. with #FridayFive as the subject.

Take the Pledge

I pledge to save money, reduce debt, and build wealth over time. I will encourage my family and friends to do the same

Take the America Saves Pledge

Tip of the Day

  • Written by Katie Bryan | November 18, 2013

    Save for #presents rather than relying on #credit http://ow.ly/pV4nN

Saver Stories View all »

Getting Out of Debt

Written by Katie Bryan | October 28, 2013

In 2004, Tonya Shelton was facing financial ruin. Barely making more than minimum wage and having lost her home to an unexpected family crisis, Shelton and her family were forced to live in a rundown hotel.

Read more...

The Gift of Homeownership

Written by Tammy G. Bruzon | August 5, 2015

Quaneka Willis, a single mother of three children, was receiving rental assistance through the Housing Authority of the City of Milwaukee when she decided to take control of her finances. So, in September of 2013 she attended the Make Your Money Talk program and pledged as a Wisconsin Saver. In less than 12 months, she had maximized her savings and was beginning the process of purchasing her first home.

Read more...

Another Dream Realized

Written by Tammy G. Bruzon | November 7, 2014

Mary Brown was already a disciplined individual when she came to Wisconsin Saves coordinator Wisconsin Women’s Business Initiative Corporation (WWBIC) in last summer. She had successfully completed her bachelor’s degree with the assistance of her husband and son, and was now ready to tackle her next big dream – homeownership.

Read more...

Receive Updates

Sign up for Texts

Written by Tammy G. Bruzon | July 15, 2014

Sign Up

Sign up for Emails

Written by Super User | September 16, 2013

Get Emails

Take the Pledge

Written by Super User | September 16, 2013

Start Saving