Managing your money is key to your financial health.
The pressure to create memorable experiences can be tough on your wallet. But with some planning and money management, you can enjoy the season without compromising your financial stability.
Budget wisely
Create a well-defined budget for all your holiday needs. Don’t forget to include gifts, decorations, travel and other holiday expenses. By setting aside specific amounts for each category and sticking to your plan, you can gain control over impulse spending and pave the way for a stress-free season.
Shop savvy
Make the most of sales, discounts and special offers by appropriately timing your holiday shopping. You can also score some great deals by using the Publix Discount Program. This empowers you to find thoughtful gifts that won’t break the bank.
Try a new tradition
Suggest a gift exchange with your friends or family to reduce the number of presents you need to buy. Set it up with a predetermined budget to ease everyone’s financial load.
Make meaningful memories
Celebrating doesn’t have to mean lavish overspending. Shift the emphasis from material gifts to homemade presents and shared experiences to focus on the true spirit of the season. Plan activities like a potluck dinner, a cozy movie night or an outdoor adventure to create cherished memories that hold just as much — if not more — sentimental value without straining your finances.
Be flexible
Continually review your budget and monitor your spending as the holidays unfold. If you’re surpassing your budget in an area, make the necessary adjustments to get back on track. By making these tweaks as needed, you can steer clear of avoidable stress.
Join Financially Fresh
To become more financially savvy, join the Financially Fresh program. The free program, provided by Publix Employees Federal Credit Union (PEFCU), focuses on a theme every month. For December, it’s debt management. Publix associates participating in the program may be eligible for extra perks like special loan packages and prizes. To get started, log in or create an account, and take the money personality quiz. Learn more about the Financially Fresh program on PEFCU’s website.
