My advice to you is simple: Don't blow the year. We are only a few weeks away from the New Year and the holidays are no excuse to blow your budget and start 2014 on the wrong foot. Watch the clip below, courtesy of Fox 59, for my three tips to help you finish 2013 strong.
The holidays have this magical power to make us feel happy and generous and… to completely rob us of our senses. Holiday gift giving can ruin your budget and financial strategy for the year in a just a few short weeks. Don't let this happen to you.
Here are my three tips on how to keep the holidays from ruining your financial wellness:
1) List out all the gifts you need to buy and then withdraw that exact amount of cash. With cash in hand you can't spend more than you planned. And I'm going to be straight with you, if you can't withdraw the amount you need in cash, then guess what? You can't afford gifts this year.
2) Don't get involved in "garbage giving." You don't have to give someone a junky gift just because it is the social norm. We all have too much stuff as it is.
3) Keep 2014 in mind. Don't get sucked into the holiday mindset of excess and neglect all of your budgeting skills. Is your goal for 2014 to get out of debt? Excellent! Don't set yourself up for failure by racking up more debt at the end of this year.
Don't let the financial stress of the holidays get to you, you've worked hard all year so finish 2013 strong.
If you want to learn how to do this, be inspired to do this, and be motivated to do this, then you need to sign up for my Finish 2013 Strong webinar. This is a very limited event, and access will be granted on a first-come, first-served basis. Plus we have two awesome surprises in store for this webinar, including exclusive access to Pete the Planner's new Emergency Fund in Month program. It's all free, and it's all good.
For more information and to register for one of two webinars on Tuesday, December 17, 2013 click here.
Peter Dunn a.k.a. Pete the Planner® is an award-winning financial mind and a former comedian. He’s a USA TODAY columnist, author of ten books, and is the host of the popular radio show and podcast, The Pete the Planner Show. Pete is considered one of the foremost experts on financial wellness in the world, but he’s just as likely to talk your ear off about bass fishing.