No matter what time of the year you’re reading this, now is the time to save for holiday gift-giving. Every part of the year has a few holidays, and if you want to make sure that you have everyone’s present picked out, you might want to do it early. Waiting until the official time of the holiday you want to give presents for will only lead to a lot of frustration. For example, if you have your heart set on doing a big Christmas, then you will naturally want to make sure that you get a great holiday by saving money ahead of time. Since these holidays happen around the same time every year, you can’t say that you didn’t know about them. However, with all the other things on your plate to remember, it just makes sense that it might be difficult to keep this in mind. Yet if you really do make it a goal to plan out your holiday gift-giving, then you really will have no problem building the perfect holiday on your terms.
Does this plan involve credit? Only if you want it to. In fact, if you really commit to saving as far ahead of time as you possibly can before a major holiday, you won’t have to rely on credit that much. There are ways to control your spending if you really think about it. For example, if you want the convenience of using credit without the fees and hassles, you may want to think about picking up a prepaid credit card. One of these cards can be used over and over again. As the name implies, you load the card with the exact amount that you want to spend. You can use this card to save the shopping money and keep it separate from other parts of your finances. If you plan on shopping online, you won’t have to worry about unauthorized charges, because there comes a point where they won’t be able to withdraw anything from the card. With a traditional checking account, you would have to deal with overdraft fees. That isn’t the case with a prepaid debit card — when a charge hits and you can’t cover it, the charge is simply denied.
So, given that news, where do you get started? Well, you can clip savings everyday — think about all of the purchases that you make without thinking about it, like that cup of coffee at a cafe or that candy bar you pick up from the gas station. Those little savings can add up big, but you’ll have to get started today!