Well, it’s Christmas Eve which means basically no one is thinking about, or preparing for, anything other than Christmas. So where will you find yourself 2 days from now? Tired? Disappointed? Broke? All of the above? Christmas happens the same time every year, but so many folks rush out at the last minute to buy something for someone they forgot, or something, anything, budget be damned! If this sounds like you, then you were not prepared!
Parents will spend an average of $271 per child this Christmas and average planned spending per household to exceed $900. Remember, only 29% of Americans have more than $1000 saved and 21% have no savings at all. It’s too late to do anything about it now, but will you find yourself in the same place next year? Will you be one of the 39.4 million Americans still be paying for this Christmas next year? Christmas can be a fun time of year, but we all have this preconceived idea of what it should be like and kill ourselves to try to duplicate that image in our head often just to wind up exhausted and depressed; time to break the cycle.
So for Christmas 2019 try this: save for it! If you get paid every other week, save just $35 per pay check towards Christmas and you’ll have $910 CASH to buy gifts worry free. No stress, no mess, no debt.
Hope for the best, prepare for the worst!