Preparing for the Holidays: Budgeting Tips

Preparing for the Holidays: Budgeting Tips

Oct 25, 2023

The holidays are approaching, but is your wallet ready? FamilyMeans Financial Solutions is here to offer advice for holiday budgeting! Whether you are tight on money or just looking to save some pennies, take a look at our tips and tricks to save this holiday season and get you on the right path of money management!

Stick to your holiday budget: Sticking to a budget can be hard, especially during the holidays. Creating a budget and sticking to it will help your wallet in the long run. Looking ahead at the items you want to purchase will help figure out how much you are looking at spending.

Decrease impulse buying and shop around for deals: Stores are designed to tempt you to buy more than what you came in for. Online retailers aren’t much better with all the emails and sales during the holiday season. Rather than purchasing right way or purchasing more than you intended, spend some time and shop around for deals. Often, we purchase an item on impulse and find it at another store for $5 less. Those smaller amounts can add up quick!

Consider homemade gifts: Homemade gifts can be a great option if you are sticking to a tighter budget this holiday season, plus, people appreciate the special thought and time that went into making them. Check out this list of great homemade gifts!

Plan for the new year: After the holiday celebrations, we roll right into the new year. Don’t forget about monthly bills (mortgages, rent, utilities) while preparing your budget.

This list was curated with help from FamilyMeans Financial Solutions, American Bankers Association, and First State Community Bank.


Looking for help in preparing a holiday budget or want to start the New Year off on the right financial foot by paying off debt? Set up a free budget and debt counseling session and get started today! Visit for more information.