Heard on the radio yesterday: “Hey people, there’s only 3 paychecks left until Christmas!”
The Holidays are coming! Black Friday ads are already being leaked. The new mantra is “Why not just buy it now?” You hear a lot of scolding about all the consumerism in response, but the malls always end up packed no matter way. Perhaps the best way to deal with this annual event is to simply budget for it? It’s not like these are surprise expenses – should it really matter how many paychecks are left?
The other day I was reading about a tiny credit union that my wife’s company partners with, and they offered a “Christmas account”. It’s just an extra savings account where you can put in regular deposits each month. My cynical side thought “How quaint… like anyone does that anymore.” Kind of like how layaway no longer exists.
Or does it? Here’s a poll exploring how people deal with the expected expenses of the winter holidays. Decorations, travel, food, gifts…
By Jonathan Ping | Budgeting | 11/9/07, 6:04am