3 Ways to have a perfect holiday budget
Yes, the holiday season is fast approaching. Just other moms around, you might now be thinking of the gifts you’ll be preparing for your friends, family and loved ones. You might also wonder about the food you’ll serve on the holiday feast. But the biggest thing you’ll consider during this time of the year is your expenses, right my dear. Below will dig on how to properly manage you’re expenses and not go broke after this season of sharing.
Ways to plan your budget
- Set a budget and stick with it
Create a budget. Set a percentage of your savings or income of what you can afford to expense for gifts and another set for the food you’ll serve. Having two sets of the budget makes it easier for you check if the amount you have can still cover the needed expenses. If you’re a thrift gift buyer, you can save some and be able to pull in an extra amount set on the food budget.
- Make a list
Before spending your bonuses and go shopping try to list down your needed things or planned gift. You should also have a list to which you’ll be giving those gifts. This way it will be less stressful during shopping plus you’ll be having less time in searching what to buy because you already have the checklist.
No credit cards
When you shop for gifts and groceries make sure you only have the available cash you’ve set in for the two commodities. Bringing credit cards will make it easier for you make additional spending because you know you have extra bucks in the form of a card. This mostly implies for an impulse buyer. But if you’re the one who can control swiping out payment on your purchases not bad to still take it with you.
- Do some DIY’s
Nowadays there are lots of blog and video tutorials which will make your gift personalize. You can find a lot of ideas here. If you’re planning to do these DIY gift ideas, you should by now collecting things needed for this and get started. Doing this will give you more time to prepare and be able to finish project gifts just in time for gathering. Giving a gift that you create makes it more valuable because it has your personal touch.
The holiday season is definitely the most wonderful time of the year. With gift giving, sharing stories and eating delicious food with friends, relatives, and family.
It can also be stressful if you’re unable to plan a budget ahead of time. So as early as today set the amount you’ll spend on gifts and foodstuff.
List down names of the person you’ll be sending with gifts and what kind of present you want for them.
Finally, learn to create “do it yourself” project gifts, this way presents are customized plus you can save extra cash.
But whatever your gift maybe it will cherish by the person you’ve given as you’ve remembered him/her this holiday season. As saying goes “it’s the thought that counts”.