![]() ![]() When creating a holiday budget, the important part is to set a threshold on where the spending will stop. Weddings, baby showers and “just because” gifts add up we recommend putting a line item in your budget for gifts to make your life easier.) (Heads up: gifts aren’t only for the holiday season. ![]() That way, you’re not overextending or taking funds that should be set aside for bills. If you haven’t set aside a monthly amount for gifts, it might be helpful to dip into your “entertainment” budget. ( Learn how to set a budget.) Once you get your overall budget in place, determine how much money you have leftover for gifts and other purchases. Set a budgetĭon’t have a budget yet? No problem! We’ll help. While we can’t protect you from all holiday stressors-like the “So, are you seeing someone special?” questions or the electric turkey carver that went oh-so wrong-we can protect you from overextending yourself financially. Follow these simple holiday budget tips to have a (financially) stress-free holiday season. You don’t have to drain your bank account on gifts, but you also don’t have to forego the fun of gift-giving. Much like everything finance-related, it’s all about balance. Wanting to buy presents to show your closest friends and family how much you love and care for them is only natural! But, trying to do so without breaking the bank can be, well, tricky. ![]() The holidays can be both the best and most stressful times of the year. Snow is falling, holiday music blares through the radio, houses are lit up with decorations, you’re bundled up on the couch in front of the fireplace. ![]()
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