When it comes to holiday spending, it’s better to be proactive instead of reactive! What I mean is, the earlier you can start planning, saving and preparing for the holidays, the better. I don’t know about you, but I want the holidays to be a fun time, not a stressful, anxiety-inducing time. The best way to make the holidays fun and stress-free is to start planning. In this episode, I’m sharing a few things you can do to prep your budget for the holidays and keep your spirits (and bank account balances) high! I’ll even be sharing a few tips to help you make the most of your holiday spending.
Here’s a glance at this episode:
- [01:52] Saving for the holidays about 8-12 weeks early is my sweet spot for a financially stress-free holiday season.
- [03:25] Already have automatic savings transfers? Temporarily repurpose that savings to help you cover holiday spending and expenses.
- [06:10] Old Raya would use Black Friday as an excuse to shop for herself! Don’t let greed creep into your holiday spending plans.
- [08:30] Going into debt for holiday spending is not worth it. Hide your credit cards as we move into the holiday season.