Posts Tagged ‘Cash Envelope

Let’s Start Saving For the Holidays!

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Well, now that we are in September, it is time to start thinking about Christmas… 2014…

 

What?

 

Yes, you heard this girl read this blog correctly. 

 

Holiday Clubs have been a savings mechanism for years.  My Aunt has been doing it since the dawn of time (aka the 70’s).  Simply allocate a certain amount of money each week for your Holiday Fund.  Then you can pay for most, if not all, of your gifts in cash.

 

Brilliant!

 

(This is the same technique we used to save up to buy our plane tickets for Disney.  )

 

 I decided to start saving for next Christmas now simply because I find we do most of our Christmas Shopping early.  I have elected to allot twenty dollars a week as my saving target which would translate to over $1,000 by September 1st  of next year (It will be here before we know it!)

 

I set up this snazzy envelope to track my contributions.  My biggest problem is forgetting if I added money to my fund.  This way, I can check off as I go while also keeping a running tally of what should be in the envelope.  Double Win.

 

This system will also help me determine if someone with sticky fingers ‘borrowed’ anything from the stash.  Yeah, we all know who I am talking about…

 

See, I am always thinking!

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