The holidays are approaching, and people are starting to save up for the seasonal spending ahead. If your savings account is looking a little slim, there are a few ways to fatten it just in time for the holidays. Here are a few easy budgeting tips to get you started.

3 Ways to Save Money Before the Holiday Season

1. Use Cash

In this digital age, it can be easy to swipe on purchases or input the card information online. Although it’s convenient, this form of shopping is an easy way to lose track of what you’re spending.

Instead, set a budget for the week and withdraw it in cash. Using physical money to make purchases helps you become more aware of what you’re spending because you’re handing over bills.

2. Skip Small Treats

Save money without directly impacting your weekly budget by getting rid of small expenditures, like a daily cup of coffee or weekly lunch takeout. Instead of treating yourself, put the money into a savings account and make your own coffee and lunch at home.

3. Change Deposit Amounts

If your paycheck is deposited into a checking account each pay period, allocate a certain amount to your savings. Even $50 can add up quickly, and it’s a small amount that it shouldn’t affect your weekly budget. Once there’s enough saved for gifts, transfer the accumulated amount into your checking account to finish your holiday shopping debt-free.

If you want to better manage your money for the holiday season, turn to the knowledgeable team at Hawaii County Employees Federal Credit Union in Hilo. These professionals will set up a savings account for you so that you can begin putting away cash. To learn more about their banking options, visit them online or call (808) 935-2969.