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 Administrator2 | January 6, 2014

    First saving strategy: Pay off high-cost debt http://ow.ly/sj3vP

Saver Stories View all »

Transforming “I Can’t Save” to “I Will Save”

Written by Guest Blogger | January 13, 2016

You will not believe what it took to completely change my life. About three years ago, the HR Administrator of the corporation where I worked (as a temp with no benefits) forwarded an email to me. Fifteen seconds. One small act of kindness. That's it - that's all it took!

Read more...

Taking Back Control Over Finances

Written by Virginia Saves | August 5, 2015

After becoming a Virginia Saver and getting help from BankOn classes and coaching, Nadine Bialo took back control over her financial affairs.

Read more...

Inspired to Build Savings By Starting Small

Written by Great Lakes Michigan Saves | April 19, 2016

With little-to-no money in the bank and living on a limited income with her adult daughter, Sharon wasn’t sure if building up savings for her future was even possible. “At my age, to put debts behind me would be a relief,” she said, but she wasn’t quite sure how to even get started with a savings plan. That all changed when Sharon attended the Great Lakes Michigan Saves Pay Yourself First Saver’s Summit during America Saves Week.

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