Manage your holiday spending for a stress-free 2019!

The best plans are those made early in advance and that applies to both festive and financial planning! Here are four great tips to ensure you and your finances stay merry and bright all holiday long!

1. Start gift shopping now!

Make a gifting list and make sure you get your shopping done with plenty of time to spare. This way, you can avoid the last-minute dash and scramble, and reduce the likelihood of overspending on impulsive buys. It can also ensure that you get truly meaningful presents for those near and dear to you!

2. Create a budget (and stick to it!)

Draw up a realistic budget of how much money you can afford to spend this holiday season. Include the additional expenses on food, drinks and socialising, as these can amount to quite a bit! Stick to your budget as much as possible to reduce the possibility of accumulating debts.

3. Wine, dine AND save!

Planning to host a celebratory meal? The cost of entertaining can skyrocket at this time of year. Here is one way to lighten the load: consider having your festive party potluck-style to reduce the strain on your wallet. Home-cooked or store bought, it’s the thought that counts in this time of togetherness!

4. Swipe your card wisely!

It is always a good idea to review your credit card statements before you go ahead and get your Christmas shopping done. Don’t get swept away by the extravagant spirit of spending - be on the lookout for good card deals and rebates.

It’s the most wonderful time of year so be sure to make it so with a good festive financial plan. Speak with our financial services consultants to find out how we can help you start 2019 on the right foot!

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