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We are weeks away from Christmas, and if you’ve watched any holiday movies, you know the world expects that your home should look a certain way, that your Christmas dinner must be perfect, and yes, that you’re supposed to go overboard, fulfilling the dreams of your loved ones by purchasing extravagant gifts.
Pay-as-you-go
Count how many paydays until Christmas, and decide how much you can afford to take from each check to pay for Christmas. Make a list of everything you can afford to buy, and divide the list by the number of paychecks you have left. That’s how much you can spend each time you’re paid. You may not spend enough to leave your loved ones in shock and awe, but you will be able to give gifts to the people you love — and do it without risking your financial future.
Take on a side hustle
We don’t have much time before the holidays, but market your skills. Can you paint a straight line like a pro? Go online to your neighborhood message board, and offer to paint rooms in your neighbor’s houses. Can you create unique gifts (like wooden toys, handmade clothes, or festive tablecloths)? Offer your services. Maybe you can help hang Christmas lights, put up Christmas trees, or babysit while parents are out shopping. Now is the time to take on a side hustle, and let people know that you’re available. Use any money you bring in to pay for gifts.
Borrow from family
If you must travel for the holidays and need money to get on the road, it is better to take a holiday loan from a relative than to borrow from a predatory lender. Do not borrow more than you can afford https://paydayloansohio.net/cities/covington/ to repay in the next few months, and set up a repayment plan with whoever loans the money. Читать далее →