The holidays are just around the corner, and along with the usual festive cheer comes some concerns about money. Will we have enough to cover our bills this holiday season? Will we be able to give gifts without breaking the bank? Attorney Gary A.C. Backus of Backus Law Group is a bankruptcy lawyer serving clients throughout the Montgomery, Alabama, area. He’s here to share three tips for efficient money management this holiday season.
3 Holiday Season Money Management Tips
1. Start Saving Now
Proper planning is the number one step you can take to ensure you have the funds for all the gifts on your shopping list. Determine how much money you'll need, and put a little aside each week to meet that goal. This saves considerable stress and last-minute scrambling when it’s time to make your holiday purchases.
2. Commit To A Budget
During the holidays, it's easy to splurge on extravagant gifts for those we love. This can be lethal to our financial well-being and create some major debt issues. Take the time to figure out a budget well before your shopping begins, and stick to that budget at all costs. If your holiday spending gets out of control, the bankruptcy lawyer at Backus Law Group will help you explore your options for debt relief.
3. Bargain Shop
Holiday shopping has become a national pastime, and every retailer wants your business. Be on the lookout for coupons, deals, and promotions that can save you during the holiday rush. Many Black Friday offers are excellent bargains, or if Black Friday isn't your cup of tea, most online retailers provide equally outstanding deals.
Call Backus Law Group at (334) 265-0800 to schedule a consultation with a bankruptcy lawyer. You can also visit the firm on Facebook and Google+ to learn more about their services. By following the above tips, you can make sure your holiday is merry and bright for your loved ones and your wallet.