Finding the perfect gifts for the ones you love can be stressful. Paying for them doesn’t have to be. Whether you're shopping for family, friends or coworkers this holiday season, a little planning now can make a big difference later. Here are five smart ways to start saving for holiday gifts today.
1. Set a realistic budget
Think about who you plan to buy gifts for and how much you want to spend on each person. Having a clear budget can help you avoid overspending and keep your finances on track.
2. Open a dedicated savings account
Consider opening a Holiday Savings Account just for your gift budget. Keeping this money separate from your everyday spending makes it easier to track your progress and avoid dipping into it for other expenses. You can even use our financial calculator to see if you’re close to your savings goals.
3. Automate your savings
Set up automatic transfers from your checking account to your Holiday Savings Account. Even $10 or $20 a week adds up over time and makes it easier to save without thinking about it.
4. Track your spending
Use VyStar’s Online & Mobile Banking to monitor your progress. Keeping an eye on your account helps you stay accountable and adjust your budget if needed.
5. Shop early and strategically
Start your shopping early and give yourself time to find deals, avoid last-minute splurges and spread out your spending. Look for sales, use coupons and consider homemade or personalized gifts to save money while still making someone’s day.
Saving for holiday gifts doesn’t have to be stressful. With a little planning and the right tools, you can enjoy the season without worrying about your wallet.