By Jake Serfas
With the holidays rapidly approaching, it’s important that you don’t get thrown off track financially. Here are five great tips to stay on financial track this holiday season, while also setting yourself up for a great 2017.
Did you know that 78% of people overspend and go over budget during the holidays?! It’s critical you don’t become one of them. Before you start splurging, it’s important to take a look at how much you have saved and what you were planning on spending. Build a budget and write it down! If you write it down you are 50% more likely to follow through with it then if you just made a mental checklist. There are a number of online resources available to assist you throughout your planning process. Inside of your overall holiday budget create a “micro-budget,” designed for how much you want to spend on people you are shopping for. This may help make a tremendous difference so you don’t end up going over budget like most people do. The more specific you can be, the better. [Read more…]