Eight Tips for Smart Holiday Spending
With a little planning you can make this year’s holiday shopping merry and bright.
- Develop a holiday budget. Decide how much you can comfortably afford to spend this holiday season. A good rule: If you can’t pay your holiday budget off within a reasonable amount of time, it’s probably too high.
- Create a gift list. Determine an amount to spend for each person on your gift list. Then make a list of gift ideas that fit within the spending range. Don’t forget to account for cards, wrapping paper and shipping costs, etc.
- Pre-shop to catch discounts and sales. Do an online search for coupons and sales at stores selling items on your list. If you start early, you’re bound to find some great deals.
- Make your own gifts. Save by making baked goods, candies, crafts, photo collages and more for a fraction of the cost you would spend buying gifts.
- Pay cash, if possible. Look at your gift list and take out the exact amount of cash you budgeted for each person. Then, see if you can make it stretch!
- Save your receipts. Put every receipt from your holiday gift spending in an envelope or folder. Once the holidays are over, you’ll have a realistic guideline for next year’s holiday spending.
- Start a Christmas club account. If you’re a Credit Union of Ohio member, we can help you save with an interest-earning account that builds up all year and gets deposited into your savings account in October. Not a member? Become one today.
- Take advantage of our Holiday Loan Special. If you plan to take a few months to pay off your holiday expenditures, our holiday loan special may be a better option than your credit card. Get details and apply today.
Simple tips to follow to maintain spending during the holiday season.
Now, more than ever, it is very important to protect your identity. Follow these 8 tips to help prevent ID Theft.
Credit doesn't have to be complicated. Here are 6 tips to follow for an almost perfect credit score.
There is a lot to think about when it comes to buying a home. Here are 5 secrets that first-time homebuyers need to know.
Planning for college isn't easy, so we've come up with 8 tips to help parents and teens stay within their budget.
The best strategy for back-to-school shopping is to start with a plan. Make a list of supplies you will need before you start shopping. Here are tips that will help cut down on expenses.
How to plan a close-to-home vacation on a budget.
It’s hard to cut back on your wasteful expenses when you don’t even know what they are. How can you figure out new ways to save? Start by setting and monitoring a budget that works with your lifestyle. Check out these budgeting tips and start saving now!
Improve your finances with six simple steps. Everything from understanding your credit score to creating monthly budgets are easy ways to get your finances in check.
After graduation, you don’t want to be drowning in student loan debt on top of all the new expenses of starting out. It is important to find a loan that is best suited for your needs, so start your research now! We put together a student loan survival guide to help you get started.
Setting a budget is important, but making sure you’ve included all of your expenses is crucial. Want to be sure you don’t go over budget? Include costs that cover all aspects of like, not sure monthly bills and weekly grocery trips. Check out these elements that are usually forgotten when setting a budget to ensure you don’t make the same mistake.
As summer approaches it’s time to start planning that summer vacation. Whether you are driving or flying there are always ways to save. Check out these tips to make your summer travel a breeze.
Your financial health cannot be measured by a single factor, instead it’s determined by a number of elements. How financially healthy are you? Look at these questions to get a feel of your current financial health. If your answers are unclear, it might be time to develop a new financial plan.
Wouldn’t it be nice if you could easily get rid of debt? Well, it might be easier than you think! Check out the Snowball Effect approach and learn how to melt away your debt.