Tomorrow is my second payday after Christmas. And tomorrow, I will write a check and poof! All my Christmas bills will be paid off. My holiday situation wasn’t always like this – like many people, I used to have credit card bills from the holidays that would take me months to pay off.
But I finally got smart and figured out a better way to do it. As I shared in a post last month in my Debt free Christmas post, I found a better way. I finally came to grips with the fact that Christmas is going to come around every year just as regular as clockwork. And no matter how many times I swear that this is going to a “low-budget” Christmas, it’s about as likely to happen as my annual New Year’s Resolution to get back into my “skinny” jeans.
Sometimes, I think it’s better to be realistic about yourself and start acting accordingly. I was reminded of this last week when I made my teenage son shave off his “beard”. He was absolutely convinced that the collection of 10 or so scruffy, scraggly hairs he’s been growing for the last couple of months was going to turn into a beard, if we would just let him try it long enough.
In some cases, wishful thinking just doesn’t get the job done. You have to face the facts and find a way to go under them, over them, around them, or through them. So, that’s why I started my Christmas Club account, and I’ve already got two deposits made towards next year’s Christmas spending spree.
Christmas Savings Plan
What about you? Christmas will be here in just 50 more weeks – that’s only 25 paydays away, if you get paid bi-weekly. Ugh! Doesn’t that just freak you out? But just think – if you put away just $20 a week in your own Christmas Club account, you’d have $1,000 free and clear to spend for next year. And $20 bucks a week, that’s not much. Give up a pizza, or a fast-food run for the family once a week and that will usually save you $20 bucks.
Even if you spend a bit more than $1,000 (and I’m not perfect. I did put a few gifts on credit, but less than in previous years), you can have it paid off in just a couple of weeks instead of months and months.
Other posts you may enjoy:
Teach Your Teen to be a Smart Shopper
10 Secrets of Women Who Always Have Money
Organize Your Bill Paying System