Layout:
Home > Save Money For Next Christmas - Part 4

Save Money For Next Christmas - Part 4

January 7th, 2008 at 02:31 pm

In

Text is this series and Link is http://iwasbroke.savingadvice.com/series-save-money-for-next-christmas/
this series, we are learning how to ensure we pay cash for next Christmas!



Text is Step 1 Determine how much money you want for Christmas next year and Link is http://iwasbroke.savingadvice.com/2008/01/02/save-money-for-next-christmas-part-1_33544/
Step 1 Determine how much money you want for Christmas nex...


The goal in this step is to use the
Text is Mini-Budget Form (Excel) and Link is http://www.josephsangl.com/?page_id=151
Mini-Budget Form (Excel)
to determine the amount of money that you want for next year's Christmas.

Text is Step 2 Save EVERY month for Christmas next year and Link is http://iwasbroke.savingadvice.com/2008/01/03/save-money-for-next-christmas-part-2_33585/
Step 2 Save EVERY month for Christmas next year


By saving for Christmas every single month of the year, you can really lighten the financial burden that is regularly felt in November and December's budget!

Text is Step 3 Make it AUTOMATIC! and Link is http://iwasbroke.savingadvice.com/2008/01/06/save-money-for-next-christmas-part-3_33768/
Step 3 Make it AUTOMATIC!


By making your savings automatic, you help ensure that you stick to you savings plan!

Step 4 When Christmas shows up, pull your savings out in cash

You have done great! You have planned your spending and actually saved up the money! Now, it is Christmas time. There is one more hurdle to jump - sticking to your spending plan! I highly recommend that you use the
Text is cash envelope method and Link is http://www.josephsangl.com/?p=217
cash envelope method
. Why? Because when you spend cash, it is IMPOSSIBLE for you to spend more than you planned! It is the ultimate accountability! When you run out of cash, you are done!

I have found that when I spend cash, I am much more frugal and I usually end up getting a lot better deal than if I would have paid with a credit card. Why? I really can't explain it. I think it has to do with the fact that I am less impulsive and that means I think longer before making the purchase.

Well, that is it! That is how I have managed to pay cash for Christmas every single year starting in 2003. Here's to you having an all-cash, debt-free Christmas next year!

Enjoy this series? Consider
Text is subscribing for FREE and Link is http://www.feedburner.com/fb/a/emailverifySubmit?feedId=1041637&loc=en_US
subscribing for FREE
to receive each post from www.JosephSangl.com in your E-MAIL.

Text is Read recent posts by Joe and Link is http://iwasbroke.savingadvice.com
Read recent posts by Joe

0 Responses to “Save Money For Next Christmas - Part 4”

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]