It’s hard to believe that it’s officially Summer. It’s even harder to believe that if you blink a few times, it’ll be Fall and then Winter. Summer always seems to go by the fastest. But now is the time to start planning for the holidays. Every year it’s the same thing… you scramble to make it work in November and December and then you’re feeling the effects of it way into the New Year.
*this post may include affiliate links, you can read more about that by reading my Disclosure post*
Let’s start with ways to earn Cash back:
SavingStar: An easy way to save some extra cash just by registering your store card and buying the selected items. Here’s how Savings Star works (they also have a cashback program like Ebates, I don’t use it) download the app or go to the website. By purchasing the offers you select and purchasing at the listed stores, you automatically earn the cash back. Nothing for you to do on your part. Once your account is over $5 then you can select to have the money come to you in Paypal. I think that’s a great way to prepare for the holidays as long as you don’t cash out before the holidays! Lol To get a full rundown on how SavingStar works click here.
Other than those ways of earning cash back, you can save the old fashioned way. Two ways I suggest:
- Create that holiday savings fund. Check with your bank/credit union to see what is available. I bank with a credit union and anytime except for October – December you can open a holiday savings fund.
The way it works at my credit union is you set up an amount that you want to automatically draft into the savings fund. The money in the account does gain interest. Don’t touch the money and at the end of October the money is automatically transferred to your checking account.
I think this is a really great tool if you know you’re going to do a big ticket purchase. This is the year your child gets their first iphone or tablet or you’re getting your spouse that watch, xbox or something that is not a small piece of change. Why not be prepared instead of depending on credit?
- Save $5. This is a trick I’m starting now and it’s actually pretty easy once you set your mind to it. Basically you will save every $5 bill that you get. Most of us pay with a card anyway, so if you pay in cash you’re more than likely paying with a $20. When you get change back as a $5 put it in a different place in your wallet so you don’t spend it. When you get home, put it in a jar or a piggy bank. I think a jar would be better so that you can see your savings grow. DON’T TOUCH IT!!!
Now I understand that may be hard for you if you’re living paycheck to paycheck as many of us are, but you have to make your mind up and stick to the program. If you really can’t see putting $5 to the side then start with any loose change. All of your change you receive you put it in a jar. Before long, you’ll have more than you expected saved up.