Staying in Control of Holiday Spending

Even if you carefully manage your money all year, the holidays can take a significant bite out of your financial standing. Many people drain their checking accounts and run up their credit cards trying to cover the costs of gifts, decorations, and entertainment. With a little planning, however, the holidays don’t have to spell financial doom for the new year. Here are some ways you can control your holiday spending.

One easy to reduce the financial burden of the holidays is to spread out the costs throughout the year. Buy next year’s décor during post-holiday sales, and pick up gifts when they are on sale during the year. It can also help to save up for the holidays all year. GCS Credit Union’s Christmas Club savings account lets you put money aside during the year that will automatically mature and transfer to your checking account in October, just in time for holiday shopping.

Learn more about our holiday savings account by calling GCS Credit Union today. Dial (618) 797-7993 to get answers to your questions about our credit union in O’Fallon.

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