It's the Most Wonderful Time of the Year—for Shopping! | First Volunteer Bank

The holidays, much like the back-to-school season, seem so far away until—BOOM! There it is, staring us in the face.

Our team First Volunteer Bank want to help you be better prepared for the holiday season by starting to think about your holiday budget now rather than later!

Although we are just now starting to get back into the school routine, the holiday season will be here before we know it. Therefore, it’s time to start thinking about how you can put yourself in a better financial position this holiday season. Start here:

Start a Holiday Budget

When you think of a holiday budget, it isn’t just about the gifts. You want to make sure everything holiday-related is included in the amount you want to spend this holiday season, including:

  • Gifts
  • Decorations
  • Travel
  • Holiday parties

Establish an amount you feel comfortable with spending this holiday season. Then take that amount and divide it by the number of paychecks you have between now and the holidays. That final number is what you will want to set aside each paycheck for the holiday season!

Think of Gifts From the Heart

Not that store-bought gifts can’t be thoughtful, but if you are looking to trim not just the tree but your holiday budget, too, then consider making some homemade gifts.

The saying It’s the thought that counts is so true—these gifts can be just as special while saving you money!

Create a Potluck Holiday

Does it seem like one person in your family or group of friends is always in charge of the holiday meals? Why not share the responsibilities so that the cost of the gathering doesn’t fall on just one person?

Plus, it can be a wonderful way to share some of your favorite holiday recipes with your loved ones! And the person in charge doesn’t have to be stuck in the kitchen cooking, but can be out there enjoying the company of friends and family since everyone pitched in and brought a dish!

Are you ready to start saving for the holidays? Contact the team at First Volunteer Bank today to learn about our Holiday Savings account!