Private

Companies

Emigrants

Cards

Microcredit Caixa

Properties Caixa

Non residents

Financial Education

How to Save for Christmas and New Year

Christmas is the most anticipated time of year and is synonymous with gifts, parties and family gatherings, which naturally is a source of extra expenses, often unscheduled. In this period, which comprises the festive season, there is a recurrent tendency to spend more than planned and often on superfluous products.
 
In the last chapter of 2021 of our “Financial Education” page we will cover the importance of planning expenses and how to make an effort to save this festive season.
 
See our tips so that at the beginning of the year your finances are controlled and organized.
Importance of Savings at Christmas
The period between Christmas and New Year is a favorable time to reflect and take stock of what the year was like. It's also time to assess what's important in life and set priorities.
 
With a sincere and detached analysis, it is possible to understand that the importance given to certain products and/or services can be perfectly minimized. Usually, it is these superfluous expenses that weigh heavily on the monthly budget and make it difficult to achieve the outlined financial goals.
 
Planning the purchases and spending what is strictly necessary to spend a good festive season is certainly a big step so that the new year that is at hand is a peaceful, stable financial life. In this way, it will be possible to fulfill desires such as buying a home, car, investing in the education of children, dream vacations and personal investment. In order for this time of year to be one of joys and not regrets after the end, some strategic and intelligent attitudes are needed.
 
Follow our tips to get to spend less on Christmas.
Saving Tips
Surely our readers must already be thinking about gifts, supper and everything related to the Christmas party. So before starting the preparations, read our tips and have a financially intelligent Christmas free of constraints after this period.
 
Look:
  1. Determine how much you want to spend: it's important that you put in the amount you can and want to spend to validate that the two are in sync;
  2. Make your gift list: the gift list is essential to distribute the available budget and be able to buy everything you need;
  3. Take control of your finances: enter all your expenses into a spreadsheet or finance control application to better manage the money you have available;
  4. Don't leave anything to the last minute: the trend is always this one, so avoid it as much as possible. Buying in advance helps save money as the closer to Christmas, the more expensive the products;
  5. Research prices: Before you start shopping, compare prices and shop at the cheapest places;
  6. Prefer to do instead of buy: with the help of the internet it is possible to make decorations, supper and gift wrapping. So enjoy this season and hone your skills.
 
Give time and attention to those who deserve it, because Christmas is much more than shopping and spending! It's living, caring for others, giving without asking for anything in return!
 
Have a Happy Christmas
Back to previous page