What if we told you that you could lower your financial stress EVERY holiday season? Whenever it is you start thinking about your holiday savings, this might be something you should consider.
On too many different occasions, people begin to feel an immense amount of pressure as the holidays approach.
Unfortunately, not too many people understand when they should start thinking about their holiday savings. It turns out that it’s different for us all.
We know it’s a long ways away, so not all of us are hearing the jingle bells start to ring. Meanwhile, some are sweating over the thought of holiday music being cued up on every grocery stores playlist.
To avoid the extra stress that comes with long checkout lines, we’re here to help you determine when the best time is for you to start considering your holiday savings.
Establish Your Spending Limit
Remember, you don’t have to break the bank to make ends meet when thinking of significant others. The first thing is to establish what you’re willing to spend and what it’s going to take to get you there.
Once you determine how much you want to spend, divide it by how many months there are until the holiday season has arrived. Save that amount every month, and you’ll be surprised by how easy it is once you’ve made a plan.
Where Will You Keep Your Savings
We suggest creating your holiday savings account so that you can immediately start keeping track of your savings.
One of the unique savings options DEXSTA offers is the Holiday Club. Here, you’ll set up an account where the entire balance is transferred to a shared account on the First Banking Day in October. If you withdraw at any point, we’ll close the account and pay you the full amount.
More Time to Focus on What Matters
The reality is that no matter what time it is in the year, it’s always a good time to start your holiday savings. Most importantly, you’re able to focus on the things you want to enjoy rather than wondering if you can afford the costs that come with the holiday season.
This fact alone makes starting to save for the holiday season a genuinely great idea. What’s better is that DEXSTA is joining you on the journey.
So, contact DEXSTA Federal Credit Union today and begin your adventure towards a stress-free holiday season.