Here are six simple ways to start preparing financially for Christmas now. Don’t go into debt during the holiday season – you can get ready for presents and Christmas day all year long!
Set aside an envelope, or even just a place in your budget, to save $50 per month. This will add up to $600 at the end of the year that you can spend on gifts!
As my children outgrow toys and clothes, we re-sell them on Facebook groups for our geographical area. I put this money aside to spend on future birthday and Christmas gifts.
There are so many ways to earn gift cards for Amazon, Target, and other stores that are easy to do! A family will save all of these up until the end of the year.
If you are feeling the need to spend more than your budget and income allow for, then you may need to reconsider your gifting habits (especially with your children).