holiday budget

It’s easy to overspend in the holiday season and further distance yourself from your financial goals. We have spending pressures from every angle; gifts, dinners, parties and of course travel and accommodation.

After the holidays, when the financial hangover becomes apparent, we look back and wonder where it all went wrong. Stop overspending in the holiday season by creating a holiday season budget beforehand.

Creating a holiday season budget

Decide on a budget that fits your financial goals and stick to it. Track holiday purchases and ensure they fit within your budget.

Categories your Christmas budget as follows:

  1. Gifts.
  2. Travel and accommodation.
  3. Food, dinners & parties.