Monday Dec 23, 2024

21 Mini Money Management Bootcamp - Sick of post Christmas debt? Try this simple holiday money management strategy

Hi Friend!

In this episode I discuss being strategic with holiday spending. I share my personal experiences and provide practical tips on how to approach holiday spending with a game plan to avoid post-Christmas debt. I outline two methods for setting a holiday budget: choosing an amount based on affordability and analyzing previous years' spending. I also emphasize the importance of tracking your spending and planning gifts in advance. Additionally, I encourage you to reflect on your past spending habits to better prepare for future financial commitments. The episode concludes with a weekly challenge to analyze spending trends and plan accordingly.

 

01:56 Mini Money Management Bootcamp: Holiday Spending

03:35 Setting a Holiday Budget

04:38 Tracking and Adjusting Your Spending

07:03 Practical Tips for Holiday Spending

10:09 Weekly Step and Conclusion

11:13 Final Thoughts and Farewell

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