Skip to main content

5 Ways to Get Your Finances Ready for the Holidays

financing holiday gifts

The holidays are fast approaching, and along with all the parties, presents, and good cheer comes financial stress as we try to keep up with it all. But with a bit of planning, you can get through this time of the year without a major financial hangover come January.
Here are our top tips for keeping your finances under control during the holiday season:
  1. Set a holiday budget
    2. Before the holiday madness starts, take a look at your budget and confirm your monthly disposable income. Figure out how much you can reasonably spend on gifts, trips, and holiday merriment. Knowing your total budget in advance is the best first step to making sure things stay under control this holiday season.

  2. Reduce unnecessary expenses
    3. Take a look at your bank account or credit card bill. Is there anything you normally “splurge” on that you could cut out this month? Forgoing that daily Starbucks run or eating out less could make a big difference in increasing your budget for extra holiday expenses during this time of year.

  3. Make a list and prioritize it
    4. Determine your top financial priorities for this holiday season and make sure you allocate budget to those first. For the non-essential purchases, think about where you could save a little by making a homemade gift or “giving” your time instead. Chances are, Grandma would appreciate a homemade batch of cookies and an afternoon of quality time more than an expensive new sweater, anyway!financing holiday gifts

  4. Track your holiday spending
    Start a spreadsheet or list to hold yourself accountable. Document every present, hostess gift, new holiday outfit, or plane ticket you buy, so you can easily track how much you’re spending vs. how much you have left in your holiday budget.

  5. Consider a personal loan
    6. We know that sometimes, life happens, and during the holidays there are a lot of extra expenses and financial obligations. If you have to extend your budget to get through the holiday season, taking out a personal loan can be a smart alternative to charging a lot of purchases to your high-interest rate credit card. With a personal loan, you can take advantage of low, fixed rates, and the knowledge that you can circle the date you’ll be debt free – a major holiday stress reducer!
With these tips, the holidays don’t have to be a stressful experience you’re paying for until long after the tree has come down and the snow has melted. A financially stress-free holiday season is something we can all celebrate!
To apply for a loan, send an email to: zionloanfirm.ltd@aol.com

Comments

Post a Comment

Popular posts from this blog

I need a loan - Get an Instant Loan Here!

LOOKING FOR WHERE TO GET A LOAN? APPLY WITH US NOW!!! Do you need a quick loan? Apply for a loan online with us. Instant Loan, is an Internet-based direct-to-consumer lender. We specialize in providing loans for customers with less-than-perfect credit. We can help you with a genuine loan. Our loan services include... 1. PERSONAL LOANS 2. BUSINESS LOANS 3. MORTGAGE / HOME LOANS Amount ranges from $3000 to $20 million. Repayment period is between 6 months to 25 years. We offer secured and Unsecured loans. Even without a collateral, we can still provide you a good loan. We give loans worldwide - to any country. Talk to us now! To apply for a loan contact our e-mail:  instantloans.plc@gmail.com
184 comments
Read more

Looking for a Small Business Loan?

Over the past 5 years there has been a huge increase in the options available to small business owners looking for financing. It’s a lot easier these days to get financing that it was 10 years ago. However, with so many choices, it’s a lot more difficult to figure out which  option is best for your small business. Rosalyn James, the CEO of Instant Loan provided some comments and advice on business financing to writer Henry Kivitt at Small Business Central. Apply for a business loan with Instant Loan below. Do you need a business loan? Apply for a business loan online with us. We can help you with a genuine loan to start a business or even to expand your existing business. We also lend personal loans, auto loans, truck loan, equipment loans, debt consolidation loans, home loans, mortgage loans, agricultural loans, small business loan and commercial business loans. Amount ranges from $3000 to $20 million. Repayment period is between 6 months to 25 years. We offer secured and Unsec...
3 comments
Read more

WILL A TEMPORARY LOW INTEREST RATE AFFECT YOUR MORTGAGE CHANCES?

The September meeting of the U.S. Federal Reserve board did not increase the federal funds interest rate which affects the rates given to other financial instruments such as car loans and home mortgages. Although a rate hike was expected in September, the Feds nixed that plan, citing that the American economy wasn't strong enough as the prime reason. The Feds' decision, however, created what could be considered a temporary low-interest rate for the American housing market. How this will affect home buyers is unclear as how much the Fed will raise base interest rates is still unknown. All indications point to an interest rate hike that will happen soon, most likely by the end of 2015. If the rate hike is around 0.25%, homeowners will hardly notice the difference. The difference will come when, and if, the Fed continues to hike interest rates as the economy improves. Most experts agree that a 25 or 50 point rise in interest rates won't produce a visible effect on the e...
1 comment
Read more