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Summer Savings Plan: How to Save NOW For Christmas

Some might see the word “Christmas” in June, and roll their eyes. It can conjure up feelings of stress, anxiety, and dread. Most of that stress is caused by tight budgets, higher prices, and the thought of spending tons of money on gifts. Some may just think it’s way too early to even think about Christmas. However, when you start a summer savings plan to save NOW for Christmas… most of that stress, anxiety & dread will disappear! Come Christmas shopping season, you’ll be prepared, excited, and able to focus on the good that the holidays bring.

This post is being published May 31st, so you can be prepared and figure out your budget to start saving at the end of the month!

June 25th is 6 months until Christmas day. Black Friday – the biggest shopping day of the year for the holidays – is about 4 weeks from Christmas. Below is a chart to help you better understand just how much you can save for Christmas spending, if you start this summer. If you can save $100 a month, you’ll have $500 by Black Friday to spend on Christmas shopping!

These calculations run from June 25 – November 24.
This is 152 days, or 21 weeks + 5 days. For simple math purposes, we will calculate this as 22 weeks, or 5 months.

Liking the idea of saving more now to spend less later during the holidays? Check out How to Start Saving For Christmas NOW for even more tips!

 

 

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