You might think Christmas and all the holiday hoopla that surrounds it seem further away than the North Star, but you would be wise to start saving your Frankincense and Myrrh RIGHT NOW. We here at Fun on a Budget Blog bring you
Seven Reasons Savvy People are Saving for Christmas Now
1. Increase your Chances of Getting a Good Deal. Logic tells us that if we expand our time frame we typically increase the likelihood that an instance occurs. For example, I am much more likely to get a hangnail over a 10 year period than a 10 day period—might be the strangest analogy I have ever come up with, but I’m blaming it on a day spent with preschoolers. Anyhow, the same goes for a good deal—If you are looking for a stellar price and have the money ready to pay up front within a four month window, you are more likely to stumble upon a good deal than if you give yourself only one month to accomplish the task.
2. Faring well with Airfare. If you have money saved up months before the holiday season, you have the ability to not only start looking for the best airfare out there, but you also have the funds to purchase the best deal when you find it.
3. Avoid Last Minute Shopping Danger Zones. I have worked retail during the holiday season, and I had to see the holiday rush to believe it. Saving money early means you can wrap up your shopping early (yes folks, that pun was intended) and avoid all the craziness on Christmas Eve.
4. Unplanned Expenses Won’t Derail your Bank Account. Chances are if you are savvy enough to start saving now, then you are savvy enough to give yourself a little bit of a monetary cushion. While it would be a rough blow if some financial travesty hit you during the holiday season, it would be a terrible, horrible, no good, very bad travesty if it hit you during the holiday season and you did not have a fund set aside for holiday expenses—because now you are not going to have money (or as much money) for gifts, travel, food and parties AND you are going to be paying for a non preferred service/item. It will be painful. Having a monetary cushion ready for holiday season ensures you won’t drain your bank account.
6. Buff up your Leisure Spending. When it Tis the Season it is nice to have a little more money available for Yuletide cheer—a surprise gift here, an ugly sweater party there, how about a couple extra glasses of eggnog—done, done and done. When you start building your Christmas Savings now, you increase your chances of being able to partake in a few more reindeer games without being nailed in the face with a financial brain fart snowball come January.
7. Eliminate Unnecessary Stress. Stress sucks in general, but it sucks even more when it rears its ugly head during a time that is supposed to be set aside for thanks, love, good food, and peppermint mochas. Being strapped for cash during the holidays puts a huge stress burden on your shoulders, and something as simple as starting your holiday savings fund now can get rid of that burden completely.