The holidays are right around the corner, and chances are, they will arrive before we’re ready. Without a solid budget, holiday spending can put extra stress on families during this time of year.
Did you know consumers are expected to spend almost $750 each on gifts and decorations this year? Decor purchases alone could amount to $6.9 billion this year.
Snap! from Washington Federal can help you save for the holiday season and keep your spending on track. Snap! is a personal finance management (PFM) tool that allows you to view and track your income and expenditures across all your accounts, regardless of where you bank.
A survey recently reported that 76 percent of gift-giving adults planned to give electronics as gifts this year. Comparison shopping will likely be bigger than ever this holiday season as more people turn to websites and social media for ideas, reviews and recommendations. Half of all shoppers will use online resources for purchase or research this holiday season.
Predictions for the more popular gifts for the 2012 shopping season:
- Tablets ($199 to $499 or more, select a Kindle Fire or an Apple iPad)
- DVDs (Hunger Games, The Dark Knight Rises will be popular choices)
- DIY Gifts (inspired by Pinterest, 3D printers)
The holidays are a time for family, fun and laughter. Don’t let your budgeting prowess get in the way of spreading holiday cheer. Before you break out your wallet, make sure you know how much you can afford to spend.