Christmas Savings

Any tips on how to save up for some extra Christmas cash?

At my job we get two big checks and a little check based on our pay periods so I based my budget on my little check and use only that amount per check and stash away anything left over into my savings

Cool! A lot of jobs gives Christmas bonus but not my job… And my daughters birthday is Xmas eve

My tip is to start in January. If you plan to spend $220 then divide that amount by 11 months (or less if you like to do your shopping early). This way you have a much more manageable amount to save each month. In this example you would need to save just $20 per month from January to November to have the $220 you need for Christmas in December.

Have you tried just setting a side a little something extra into a Saving acct that you do not touch for the year until it is time to do your XMAS shopping? Even if you had $5/$10 directly taken out of your pay check and deposited into say "Christmas acct."

I have not tried anything yet but thats a great idea I just started saving like im supposed to since i been on this site.

Good idea

Just save anything you can $5 -$10 will go a long way. This year i finally started in January and it has helped. Next year I fully intend to take a portion of my taxes to start my Christmas fund.

I try to put aside every $5 bill I get back in change.

Good ideas

The idea of starting in January and continuously saving a small amount through the year is resonating with me. I'll give that a shot.

I divide my spending amount by 11 and put it into a savings account each month. Some years we've funded it from our tax refund.

OK COOL…

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Right now iv separated all of my funding in to payments/ from their what ever is left over I split in half then I take one and put it in to the savings the other I use as basic needs & wants that way the money I see is the only money I work with

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