Step 4: Begin Budgeting for them now!
Ok, you did the hard work.
1) Opened separate savings account just for holiday spending
2) Did a deep dive into estimated holiday expenses
Now add it all up! How do you feel when you see the total? Is it more or less than you anticipated?
If it’s more, see where you can slim back. Maybe you need to get a bit more creative on where you’re getting your Christmas decoration or how much you are spending on gifts.