Whether you and your family stay close to home, enjoy winter recreation activities or plan a sunny get-away, Christmas and the winter holiday season can be an expensive time of year. Starting in mid-November and all the way through New Year’s, holiday shopping is at its peak.
Saving money, planning ahead, making New Year’s resolutions and being a savvy shopper will help you to survive and thrive financially. Here are money management tips you won't want to miss!
Jump to the section you want to learn more about:
- How to Plan Your Christmas and Holiday Shopping
- Planning Ahead and Setting Financial Goals
- Gift Giving Ideas and Strategies to Stick to Your Budget
- Looking Forward to the New Year
How to Plan Your Christmas and Holiday Shopping
A clever take on a traditional favourite; a new story, including tips to help avoid holiday debt.
Regardless of which time of year it is, before you buy online from American retailers, make a list of pros and cons. Then let your budget be your guide.
Shopping online is one thing, but your budget might need to change if you’re heading South to shop in person.
Planning Ahead and Setting Financial Goals
When you’re stressed and busy, it can be easy to make poor spending choices. Lowering your level of stress so that you don’t max out your credit cards is one of the best ways to manage your budget.
Before you get caught up in the hustle and bustle, some expenses not to forget about include winterizing your vehicle and preparing your home for the cold.
A short plan is better than no plan and will help you not feel like a Grinch. As you choose your priorities, make sure that you and your family are outfitted for the season, including festive as well as winter wear, and that you have the gifts you need.
The list of names, the anticipation… How time flies!
Gift Giving Ideas and Strategies to Stick to Your Budget
Don’t underestimate how important it is to be organized. Before you head into the mall, take a few minutes to look over your list. Even with an army of elves, Santa needs to check his list too.
Shopping with a list of what you need and how much you want to spend helps you stay on task as well as on budget. Not sure how to make a list that works? Download our one-page planner and get started.
Survey results show that most Canadians face post-holiday debt. What can you do to keep your holiday season affordable?
Happiness from tangible gifts rarely lasts so rather than buying traditional gifts, or resorting to cash or gift cards, many families give alternative gifts for holidays, birthdays and special times. Here are 9 alternative gift ideas to get you started.
Looking Forward to the New Year & Resolutions That Stick
Shedding debt is like shedding pounds. Change your resolutions to solutions that shed your debt weight and improve your financial health.
Christmas will be here again before we know it. While this year’s memories are still fresh in your mind, jot down what you want to include next year and what you want to change.
When you start planning early, you’ve got time to save, co-ordinate plans with family and friends, and shop around for deals and discounts.