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.

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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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