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20. The Realities of Spending and Finances During the Holiday Season
Episode 2020th November 2023 • Freelancing Your Way to Financial Freedom • Megan Mendez
00:00:00 00:23:02

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Today, we're discussing the realities of spending and finances during the holiday season. The fall and last three months of the year can be hectic and draining on both your schedule and bank account. However, I want to assure you that you don't have to buy everyone a gift during Christmas. You have the permission to prioritize your own financial well-being and not feel obligated to give gifts to every family member. The holidays are about being with loved ones, not excessive gift-giving. If you can't afford to give everyone a present, it's perfectly okay to save your money and prioritize your own financial stability. Remember, your family and friends will understand and appreciate your decision to take care of yourself. Don't let societal expectations dictate your financial decisions during the holiday season.

In this episode I share:

  • Permission to not feel the need to buy everyone in your family a gift
  • Planning ahead for traveling
  • Using a shopping list to help you over buy and over spend on things you don’t need
  • How to save for the holidays year round 
  • Using a Sinking Fund to help you save for the holidays ahead of time


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