Planning for Next Christmas - KOTA Territory News

Planning for Next Christmas


Most of us have probably already opened our Christmas gifts, but now it's about time to open those Christmas bills.

As the year comes to a close, it is a good time to create a holiday spending plan for next year.

So, when Christmas shopping, it is very important to keep a physical inventory of what you buy.

This includes all bills and receipts, including food and travel expenses, Education and Community Outreach Manager Terry Mills says, "Christmas is a periodic expense, it only happens once a year. You want to take money out every month for Christmas. The average family will spend about $500. That is about $10 a week."

Mills also says when you add those Christmas bills with expensive heating bills and taxes coming up; the first part of every year can be financially stressful.

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