Money

Jingle Bells, Not Bills: A Guide to Holiday Budgeting

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2 minutes - Article

Christmas can get expensive, but with some planning, you can enjoy it without overspending. Start by setting a budget for gifts and activities and stick to it.

Remember, thoughtful gifts don’t have to be expensive—homemade items or pooling money with friends/family for a group gift can be meaningful and cost-effective. Look for sales, discounts, and coupons to stretch your money further, and don’t feel pressured to spend a lot just because others are. Sometimes just giving meaningful time to people is a gift.

If you want to make extra money, consider small jobs like babysitting or helping neighbors. With smart budgeting, you can have a fun, stress-free holiday season.

Here’s some tips for an affordable holiday:

  • Set a budget: Plan how much you can spend on gifts, activities, and food, and stick to it.
  • Think creatively with gifts: Homemade gifts or group gifts can be just as meaningful and cost-effective.
  • Look for deals: Take advantage of sales, discounts, and coupons to save money while shopping.
  • Don’t feel pressured: You don’t have to spend a lot —focus on thoughtful, meaningful gifts instead, or spend time doing a fun activity instead of gifts.
  • Make extra money: Consider small jobs like babysitting, dog walking, or helping neighbors with yard work or shoveling to cover expenses.
  • Save in advance: If possible, start saving a little before the holidays to avoid last-minute financial stress.