03 Dec Tips for Enjoying a Financially Stress-Free Holiday
With the holidays coming up quickly, we want you to be ready, so let’s plan accordingly this season. Each year it’s easy to be overwhelmed with a mix of joy and anxiety as the costs add up, family comes to stay and planning out the perfect holiday meals. If you are feeling the pressure, these financial tips are helpful to ensure you have a stress-free and joyous holiday!
Shopping in One Day
The easiest way to avoid stress is to plan ahead of time. If you create a list of everything you need, try to purchase all of those items in one-day. This saves time and money because you will be less inclined to buy things that aren’t on your purchase list. Your checklist is one of the essential keys to a financially stress-free holiday!
Plan for Credit Usage
You can use your credit card during the holidays but we advise you not to go overboard resulting in debt. Prepare to start budgeting your money wisely, so you can afford your gifts without putting yourself in a financial hole. Many people look to using their credit options which include: credit cards, personal loans or other lines of credit. Be wise and arrange a budget ahead of time.
Make Purchases in Advance
There are two ways to make purchases, online and offline. For offline, before you buy anything in person, to go to the store without your credit card and write down a list. This will help you to cut back on anything you may want verse what you need.
For onliners, online shopping carts are a great way to avert the urge to just freely buy items. Before you complete your online purchase, you can take a look at your basket and delete the unnecessary items. These two options are great ways to save money! Make sure to use any coupons or online promos before they expire; you’ll be surprised by how much you can save.
You can manage stress during the holiday season by saying no. If you usually make the costumes for your child’s school play, it’s okay to say that you are not able to this year. If you usually host a Christmas party, ask if another member would like to host this year. It’s important to cut things out of your life to help you de-stress and save. You don’t have to take on everything yourself. Having a less stressful holiday will be more enjoyable.
If you have any questions or would like to open up a savings account with us, please don’t hesitate to call us at 843-549-2265. Let’s make this holiday season the best one yet! From all of us here at Bank of Walterboro, we wish you and your family a safe and happy holiday season.