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'Tis the season of twinkling lights, festive music and... checking your credit union account with slight trepidation. Let's be honest, while the holidays bring joy and celebration, they can also be a source of financial stress.
But here’s the good news. A holiday budget isn’t about limiting the fun; it’s about making the most of these special moments. Think of it as a roadmap to a stress-free celebration where you can focus on creating memories instead of worrying about January’s credit card bill.
Our team at PFCU wishes you a happy holiday season and shares a few useful tips for celebrating on a holiday budget.
Plus, establishing a holiday budget helps create realistic expectations for the festive season and ensures the whole family is on the same page when it comes to spending.
DIY gifts like photo books and personalized items are fun budget gifts. You can also make eco-conscious gifts by giving items you no longer use or giving gift experiences rather than material objects.
Make the most out of your holiday budget by finding meaningful ways to celebrate. Some of our favorites include:
With a savings club account, saving year-round is easy. You can set up a small, automated contribution each month and gradually build a nest egg for the holidays.
PFCU can help you enjoy the holiday season just as much for less. Thanks to our club savings accounts, our members can start saving with as little as $5 and watch their nest egg grow with automated deposits.
Our club savings accounts don’t have any monthly fees, and you’ll earn interest as soon as your balance reaches $100. Plus, your nest egg is easy to transfer once you’re ready to spend, and you’ll be able to track your spending closely with our mobile banking app.
Learn more about opening a club savings account here.
'Tis the season of twinkling lights, festive music and... checking your credit union account with slight trepidation. Let's be honest, while the holidays bring joy and celebration, they can also be a source of financial stress.
But here’s the good news. A holiday budget isn’t about limiting the fun; it’s about making the most of these special moments. Think of it as a roadmap to a stress-free celebration where you can focus on creating memories instead of worrying about January’s credit card bill.
Our team at PFCU wishes you a happy holiday season and shares a few useful tips for celebrating on a holiday budget.
Creating a Holiday Budget
Sticking to a budget during the holidays might not sound fun, but knowing exactly how much you can afford to spend on gifts, food and activities has advantages. It allows you to truly enjoy these special moments while making the most out of your holiday savings and avoiding holiday debt.Plus, establishing a holiday budget helps create realistic expectations for the festive season and ensures the whole family is on the same page when it comes to spending.
Have Fun With These Budget Holiday Activities
Connect with the South Florida community and create some magical memories with our favorite free or affordable holiday activities:- The Main Street Festival of Lights in Miami on November 28th is your opportunity to meet Santa Claus and enjoy some free activities for children. Make sure to bring a toy for the Neighbors 4 Neighbors toy drive.
- Don’t miss the 49th Annual Winternational Thanksgiving Day Parade on November 28th.
- Performances featuring lights and music will be held on Miami Beach throughout the month of December.
- On December 19th, the Pérez Art Museum is holding a free screening of the holiday classic Elf.
- End the year on a memorable note with the Orchestra Miami’s Free New Year’s Eve outdoor concert on December 31st.
- Check out Holinights Celebration from 6-10pm on select nights from November 29 – December 24 at Plantation Walk in Plantation, FL.
Gift-Giving for Less
Americans are expected to spend over $2,000 on average this holiday season. We like the idea of celebrating for less and beating inflation by being creative with your gift-giving.DIY gifts like photo books and personalized items are fun budget gifts. You can also make eco-conscious gifts by giving items you no longer use or giving gift experiences rather than material objects.
Giving the Holidays More Meaning
Make the most out of your holiday budget by finding meaningful ways to celebrate. Some of our favorites include:- Focus on connecting with friends and relatives. Even if you can’t see them, a phone call and some kind words can be a precious gift.
- Do something special this year by volunteering as a family. Feeding South Florida, Miami-Dade Animal Services or HandsOn South Florida are just a few of the options to consider.
- If you can’t donate your time, consider making a small financial donation to a cause you care about. Or simply go through your things to find items you could donate.
Saving for the Holidays
Making the holiday season truly special takes some planning. Saving a little each month can result in a substantial holiday budget for gifts, food, decorations, travel and everything else you need to make the season unforgettable.With a savings club account, saving year-round is easy. You can set up a small, automated contribution each month and gradually build a nest egg for the holidays.
Enjoy the Holidays for Less With PFCU
PFCU can help you enjoy the holiday season just as much for less. Thanks to our club savings accounts, our members can start saving with as little as $5 and watch their nest egg grow with automated deposits.Our club savings accounts don’t have any monthly fees, and you’ll earn interest as soon as your balance reaches $100. Plus, your nest egg is easy to transfer once you’re ready to spend, and you’ll be able to track your spending closely with our mobile banking app.
Learn more about opening a club savings account here.