Let The Peoples Bank Help Stuff Those Stockings
We all know Santa Claus is coming to town, but even he needs financial assistance when it comes to holiday spending. The Peoples Bank understands the expenses involved with the holidays, and we are here to assist. We can help with savings ideas and even offer tips, so you feel confident when doing your holiday shopping with friends and family.
Here are some ideas to help you have a plan that guides you through the holiday season:
Explore Savings Accounts
The Peoples Bank provides solid choices when it comes to dedicated savings accounts. In fact, in addition to a personal savings account, a Christmas Club account provides an excellent choice to plan for holiday expenses. Deposits to the Christmas Club account can be done all year, and there are no limitations. Interest on the savings will be paid at maturity and when disbursed the funds go directly to your Peoples Bank checking or savings account. Visit the Savings page to learn more about these accounts and how we can help you save money this season.
Budget, Budget, Budget
Nothing beats a budget when it comes to your savings. A budget needs strategy. A great idea would be to write down everyone – coworkers, friends, family, even that long lost cousin – you plan to buy a gift for. Be sure and write down estimates for each person, and then include any other expenses for a solid total. But the only way a budget works is if you stick to it!
Deals, Deals, Deals
If you’re in need of other help this season, holiday deals might be the best avenue. We all know Black Friday and Cyber Monday discounts usually provide the best sales you will see all year. But like anything else, a plan is a must! Look for deals that will help get you through your Christmas list. You will feel much better and more accomplished!
Did You Say Homemade?
Now that buying presents can literally be done with a couple of clicks, many times homemade gifts can show a person much more love and thought. Maybe an old school scrapbook/photo album, a quilt made of old t-shirts or even food items like cookies or brownies – it’s the thought that counts! And your loved one might appreciate it more than something bought online. Not to mention a gift like this will save you money and create an enjoyable memory and connection to that person.
Saving Makes the Holidays Jolly!
At The Peoples Bank, we believe that saving for Christmas can be a jolly affair. With a little planning, strategy and thought, you can keep your bank account as merry as your holiday spirit. So, focus on these holiday savings ideas, and then go make some hot chocolate, put on your funny Christmas sweater and sing Christmas carols with the whole family. Merry Christmas and make your savings as full as Santa’s sleigh.