The holidays are a joyous time full of family and celebration, but they can also bring financial stress if you're not prepared. Whether you're shopping for gifts, planning meals, or traveling to see loved ones, the costs can add up quickly.

The good news? A little planning now can go a long way in easing your financial burden later. PB&T has put together four practical holiday budgeting tips to help you start saving today so you can enjoy the season without stress.

1. Set a Realistic Holiday Budget

Start by figuring out how much you can comfortably spend this holiday season – without dipping into emergency savings or relying on credit cards. Break your budget down by categories such as:

  • Gifts
  • Travel
  • Food and entertainment
  • Decorations

Once you have a total number in mind, stick to it. Consider opening a dedicated holiday savings account to keep your funds organized and separate from your everyday spending.

You can set automatic transfers into a Christmas Club Account, which earns interest, so your money grows while you plan. Saving just $20 a week starting now could give you over $400 by the time the holidays roll around!

2. Make a Gift List

And check it twice! Write down everyone you plan to buy a gift for, along with a spending limit for each person. Taking this step can help you avoid impulse purchases and ensure your budget stretches further.

Pro Tip: Don’t forget to include the smaller expenses, like stocking stuffers, gifts for your child’s teacher(s), or holiday cards. Use a spreadsheet or budgeting app to track your spending as you go.

3. Start Shopping Early and Look for Deals

Shopping in August, September, and October means:

  • More time to find sales and use coupons
  • Avoiding last-minute markups
  • Spreading costs over several months

PB&T’s People’s Reward Checking account offers a high return of interest and other perks when you use your debit card for everyday purchases. This allows you to earn while you do your holiday shopping!

4. DIY When You Can

Homemade gifts, baked goods, or personalized crafts can be more meaningful, and more affordable, than store-bought items. Get the whole family involved in a fun and festive activity that saves money and creates memories.

Final Thought

Holiday budgeting doesn’t have to be overwhelming. With a little planning and the right tools, you can enjoy the season without a financial hangover. PB&T is here to help, with checking and savings options designed to support your goals, whether you're just starting out or looking to maximize your rewards.

Ready to start saving smarter? Explore PB&T’s checking accounts and find the one that fits your holiday game plan.

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