It might still feel like summer outside, but now is the perfect time to start thinking ahead—especially when it comes to holiday spending. Whether it’s gifts, travel, or big meals with family, the costs of the holiday season can add up quickly. Starting your savings now can take the stress out of December and help you enjoy the holidays without dipping into credit cards or your emergency fund.
Here are a few easy ways to start your holiday savings:
1) Set a Goal - Think about what you usually spend during the holidays. Break that number into weekly savings targets. For example, saving $20 a week starting now can give you around $300 by Thanksgiving—enough to make a big difference.
2) Open a Holiday Club Account - Five Star makes it easy to save for special occasions. Ask us about opening a Holiday Club account—it’s a simple, separate account just for holiday savings. You can even set up automatic transfers, so saving becomes effortless.
3) Take Advantage of Summer Sales -Back-to-school and end-of-summer sales are great opportunities to check some holiday gifts off your list early. Spread out your spending and avoid the holiday rush!
4) Track Your Progress - Use the Five Star mobile app to monitor your savings growth. Seeing your progress is motivating and helps you stay on track.
5)Avoid the Last-Minute Crunch
By starting now, you can enjoy the holiday season more peacefully, knowing you’ve prepared financially. No last-minute credit card debt or money stress—just more joy and less worry.