12 Ways to Save Money for Christmas

The easy answer to this problem is to set a budget for your holiday spending and start saving earlier in the year. Of course, if budgeting were that easy, no one would ever need budget advice!

12 Ways to Save Money for Christmas

Set a Christmas Budget

An easy place to start is taking a cold, hard look at what you spent last year. Go over your gift-giving and bank statements.

Open a Separate Savings Account

That way, you’re not tempted to spend it, and it’s not confused with your regular savings.

Automate Your Savings

You have the bank take out a certain amount every payday before you even get a chance to spend the cash.

Try a  “Savings Challenge.”

One idea is to work backward, depositing $52 at the beginning of the year and lowering it by $1 per week.