Hello there!
Did you get a chance to use the Holiday Spending Plan to create your budget for the 2022 Holidays? How much are you planning to spend? The National Retail Federation reports that an average American consumer spends $997.73 on gifts and holiday items. This year, with inflation on the rise, about 25% of consumers are planning to spend less this holiday season.
To keep you on track with your holiday budget, tasks and events, use this calendar to plan and keep track of all your holiday expectations and expenses. Use the calendar to make note of paydays, expenses, activities (and their costs), shopping days, decorating and crafting days. Add as much information as you can so that you have a clear picture of what you plan to accomplish.
Holiday sales are every retailer’s bread and butter. This year’s economic forecast of continued inflation has retailers offering early sales as a way to get in front of consumer’s fears of inflation and keep consumers shopping longer. It’s good to remember that retailers employ a lot of tricks to get you to buy more once you are in the store. Here are some common tactics that work in favor of the retailer:
This season, stay alert to retailer practices so that you keep your budget on track. While in the check-out line, review what’s in your basket, was it on your list? If you did not plan on the item, leave it in the store. Your budget will thank you.
This week, we will start doing what might be the most daunting task to some – tracking our spending! No worries, we will get through next week like budgeting pros😉.
Have a wonderful weekend!
Your Holiday Helper,
Irma♥