How would it feel to have your Christmas spending all paid for before you’ve even got the presents set out under the tree? It may sound like a pipe dream, but there’s still plenty of time left to prepare and save up.
Here’s how to do it:
This interactive budget calculator walks you through setting a simple Christmas budget. Once you have your budget, the form will figure out how much you’ll need to save each week in order to have Christmas paid for in advance.
(By the way, my son thought you’d like to know that this form doesn’t save your information – it’s completely anonymous and for your use only.)
If you use budgeting software (I really hope you do! See how we do it easily.), after you’ve set your budget, enter the amounts into your software. Or just keep a running list of your purchases.
As you shop, keep track of your transactions so you can stay within your budget. Buying early will help you avoid last minute overspending (been there, done that).
2 Easy Ways to Save on Christmas Shopping
After you’ve figured your target weekly savings goal, here are some ways to make your Christmas dollars stretch even further.
- Shop through Ebates and get cash back on your online purchases.
- Buy discounted gift cards (here’s how to do this) (especially great deals on Starbucks, Home Depot, and Home Goods)
9 Weeks Left until Christmas!
Now is the perfect time to set a Christmas budget and start funding it. You’ve got time to discuss it with your family and plenty of time to shop and prepare.
Come January when the Christmas music has faded and the New Year is upon us, you’ll be glad you’re not paying off a credit card bill loaded with Christmas purchases.
What’s your weekly savings goal for Christmas spending?
Photo by Pixabay
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