Ways To Save For The Holidays

American Investment Planners LLC

500 North Broadway, Suite 260, Jericho, NY 11753

(516) 932-5130 / (866) 932-5130

Can you believe that Halloween is just one week away? With the holiday season approaching very quickly, we wouldn't be surprised if you've already started to think about the shopping that must be done. However, being that this is one of the more expensive seasons of the year, you might be thinking more along the lines of how you can cover holiday costs rather than the items you anticipate needing to purchase. Before the big Black Friday shopping frenzy hits, here are four ways that you can start to save:

Limit your spending: Although there are some monthly payments you just can't escape, there are certainly ways that you can limit your spending over the next few weeks. For example, you don't need to eat lunch or dinner out multiple times a week, and you can probably live without that new pair of shoes (and if you really want them, put them on your own holiday wish-list!).

Create a change jar: What do you do with all of the change you find in your wallet or pockets? If you usually just fling it anywhere when you get home, find a jar that you can use to begin collecting it all. While it may not seem like much at first, you'd be surprised how quickly a few quarters and dimes can add up.

DIY: It's only natural for your home to have some bumps and bruises that need to be repaired, but that doesn't always mean you need to call in a team of professionals. Should something come up that needs fixing, see how much you can do on your own to reduce the amount of money that comes out of your pocket.

Utilize coupons: Coupons aren't just valuable during the holiday season - they're great year round! Whether it be for groceries, gas, clothes - whatever it is you need at the time - utilize any coupons you have while they are still valid. Even if the savings are small, every little bit counts!

The holidays are meant to be a time of joy and cheer, so don't let yourself get stressed out over the costs associated with the season - start saving now instead! Sound like a plan?

Aside from the holidays, we at American Investment Planners LLC know that there are other circumstances where money can cause a bit of a headache, which is why we strive to reduce the amount of stress our clients feel from their finances. Through our retirement planning, estate planning and tax planning services (just to name a few), we can develop a strategy that sets you on a path towards financial success.

For more information about our financial planning services, please give us a call at (516) 932-5130.