Holiday budgeting tips

For many of us the holidays can have us feeling a bit of a financial pitch.

We checked in with a financial advisor on some tips to make sure you stick to you holiday budget this season.

The first tip is to actually set a budget and plan not to go over that.

The second tip is to leave your credit cards at home, that’s an easy trap to some unwanted debt.

If you’re traveling this season, keep that in mind when purchasing gifts.

“If you keep tabs on what you spend this holiday season you’ll know what to expect for next year divide that up by 12 put that much into and envelope in the sock drawer, savings account–something like that. Do it on the first of the month for 2019 you’ll go better prepared next year than this year,” said financial advisor Tom Miller.

Miller says it’s never a bad idea to get creative with some gifts.

 

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Don't Miss