Hanscom Federal Credit Union Blog

Organize your holiday spending before Black Friday

Posted by Bill Burpeau on Nov 20, 2012 6:00:00 PM

Holiday SpendingWe’ve written a lot about the value of home equity in this blog lately.  But today, we can safely say, don’t use a home equity loan to spend on Black Friday! 

The key to success in holiday spending is to make a plan and have a budget.  We all know this is true but somehow, every year we get trapped in the panic of frenzied buyers who are just looking for a deal without giving any thought as to why they are buying it and how they’re going to pay for it. 

As Black Friday approaches (which starts on Thanksgiving night this year), would it help to have a plan in place?    Instead of another year of being stressed out, overspending, and buying gifts that aren’t necessarily well thought out;  you can put a plan in place not only for gift buying but for all of the other holiday expenses as well.

If this idea appeals to you at all, download our free Holiday Spending eBook and check it out.  It will help to organize all of your holiday spending this year.  This eBook will help you work through every aspect of holiday spending including:

  • Why you’re doing this in the first place
  • Budgeting for gift purchases 
  • Planning festive holiday meals  
  • Covering  travel expenses
  • Entertaining on a budget

And more.  It’s a complete guide that includes worksheets and lists so that this year, you will be ready for Black Friday and the busy season that follows.

 

Topics: Money Management

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