Stock image of a piggy bank wrapped in festive holiday lights

Avoid the stress of holiday spending with these five tips.

For many of us, December comes and goes in a blur with numerous events and trips. Holiday travel, hosting parties and other festivities can put a huge dent in your savings and add unwanted stress. But with these smart spending tips, you can worry less and instead enjoy the moments.

  1. Use a Spending Plan
    The best way to avoid overspending is to spend only what you can afford. Decide how much you want to spend and stick to it. Make a list of all of the things you plan to buy, what it will cost and then make sure it is within your budget.

  2. Avoid Impulse Shopping
    Much like Santa who keeps a list and checks it twice, don’t stray from it. It’s easy to think buying one or two extra small items won’t have an impact on your spending plan, but they do. Determine what you want to buy for each person on your list and then stick to it with your spending plan in mind.

  3. Wise buys
    It pays to take some time to do comparison shopping. Whether shopping online or in person, doing a little homework can help you get the best deal. This is also true if you’re planning to travel during the holidays. Avoiding peak travel dates when booking flights can save you big.

  4. Security
    Make sure you are protected from fraud or theft this holiday season. Do not open unsolicited links or download attachments from unknown sources. Monitor your accounts closely and contact Great Western Bank immediately if you detect any suspicious activity.

  5. Reward Yourself
    If you’re purchasing the latest television or buying new slippers for a loved one, why not earn money back? The Great Western Bank Rewards Visa® gives you the flexibility to redeem points on merchandise, dining, and travel. Learn more about choosing a card that rewards you for using it.


Related Posts

Fall financial planning tips to start this season off right.

Fall Financial Goals

Fall is is a great time to reflect on your individual financial situation and prepare for next year. Take a look at your earnings, budget and spending. Here’s how you can prepare for 2021 during a different kind of fall season.

Over the shoulder view of a computer screen displaying Great Western Bank's Money Management feature

Eliminate the Surprise

The Great Western Bank Money Management Tool can help you budget, track spending and take control of your finances.