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Mind of a Millionaire: Budgeting For the Holidays

Mind of a Millionaire: Budgeting For the Holidays

| September 16, 2019
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Thank you for tuning into another episode of the Mind of a Millionaire. While the holiday season is still three months away, it’s never too early to begin saving and planning because, let’s face it, the holidays will be here before you know it!

Every year they come quick and our bank accounts take a big hit. So, this week, Zak is discussing why it’s never too early to begin your saving/gift accumulation.

 

The average American will spend over $700 on gifts this year (National Retail Federation) [0:57]

America will spend a total of over $465 Billion (National Retail Federation) [0:57]

Two ways to shop for presents [2:35]

Why do you buy people gifts? [4:01]

Gifts for your neighbors; get creative! [6:24]

Start setting aside money for Christmas now [8:35]

 Shopping with cash instead of credit cards [8:15]

  • You spend less when paying with cash (Dave Ramsey) [8:35]

Don’t get derailed! [10:38]

 

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.

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