The holidays are over but that doesn’t mean you shouldn’t think about them over the course of the next ten months. Creating a financial plan can help you control your spending and save money during Thanksgiving, Christmas, and New Year’s, but waiting until November or December to create one can limit your options: you won’t have much time to save before you have to start spending.
While you certainly don’t have to create a budget ten months in advance, do give yourself time to create a plan and save. You could even do some shopping out-of-season to spread out your spending. Even if you don’t spend less, it can be easier to pay for gifts over the course of three or four months instead of just one.
Similarly, if there are any future events or expenses on your calendar (airfare for a planned vacation, for example, or a wedding gift), look for ways to save and start budgeting months ahead of time, not just days or weeks. Having more time to save money should make it easier for you to stick to your budget and reach your goals.