October 21, 2019

How to budget for the holidays

Christmas is 65 days away. Yes, 65 days away! It's time to start making your holiday gift list and with it, a budget to follow. I created my own system that worked for me. You can play with mine and tweak it to your liking to fit your budget. This is how I make my list for my holiday budget folder.

  1. Make a list of family and friends that you will be buying gifts for.
  2. Determine how much you will spend on each.
  3. Set realistic expectations.
  4. Budget based on your finances, not on whom it would impress.
  5. Set your limits and stick to them.
  6. If you don't already know, learn how to coupon and use online coupon codes.
  7. Start buying gifts early to minimize spending. 
  8. Avoid using your debit/credit card. 
  9. Use a cash envelope system like Dave Ramsey's and put all change into a jug.
  10. Give personalized gifts instead of expensive ones.

Download my Christmas Budget List here!

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