Tips for Celebrating the Holidays in an Uncertain Economy

• Consider connecting virtually with your family and friends instead of making expensive travel plans. Not only do you save money, but you also avoid the hassle of traveling. If travel is essential, consider if you can be flexible with your plans or if Space Available is an option for you.
• The people who truly care about you would prefer that you be present, in-person or virtually, instead of receiving an expensive present from you. Sometimes a thoughtful gesture or a handmade item may be a better gift than spending lots of money.
• Consider free holiday events, such as going to see holiday lights. Plan travel and food. Perhaps you can share cocoa while driving around the neighborhood to look at lights, and build memories or a tradition.
• If mailing presents, plan early and send them in time to avoid expensive express delivery.
• If you do take on debt to fund your holidays, have a plan to pay back the balance within a reasonable time. Once you’re done with paying off high-interest debt, consider saving monthly for planned expenses, such as annual holiday spending.

• Space Available