The “S” Word

SAVING

To be able to fund the items you allocated money for in your “B” word, you’ll probably need to do a little saving.  If you save:

Not to frighten you but Christmas is 12 weeks away and while you should have been saving all along, I realize that some haven’t prepared AT ALL for the holiday.

How can you avoid the panic next year?

Direct Deposit

Have a certain amount sent each pay period to a dedicated Holiday Account at your bank.  A simple checking account works well.

Easy Savings

Most banks offer a Way 2 Save or Keep the Change type program.  Use it!  We have $600 saved up in ours and it’s only October.

#CashOnly Change

We’re on a cash only system (no debit cards allowed!) and use bills only to pay for purchases.  We rack up the change in a mason jar or large container that’s dedicated to holiday spending.

Part Time Job

Can you pick up babysitting one night a month or sell crafts at Spring and Fall Festivals?  Try to find light or seasonal work where you can bank the cash without a ton of hours spent away from your family.

Monday’s post was about budgeting for those unplanned holiday expenses, and later this week I’ll dive into the #CashOnly system a little more and show you ways to find cash in hidden places!