How To Save $1000 By Christmas

Saving money for christmas

Is it possible to save $1000 by Christmas? Yes! It just takes planning and adjusting till you reach your goal.

I have chosen $1000 as a generic amount to save for Christmas gifts and holiday dinner. This is what the media says we spend during the holiday season on gifts, dinner and entertainment. You may spend less, you may spend more.

In our house we don’t go buy $250 gifts for people and we don’t go crazy on stocking stuffers. In our home it’s more about the get together and the meal so the funds are allotted accordingly. We plan a frugal Christmas.

How to save $1000 by Christmas?

First you need to figure out how much time you have between now and your holiday celebrations. You also need to figure out who you are buying gifts for and what’s your holiday budget.

money for christmas

How many paychecks do you have till Christmas? Can you budget a small amount from each check to put towards the holidays?

christmas budget

Figure out how much you need to save from each check to make it to your holiday goal. Or you can use this Christmas savings chart.

NO DEBT For Christmas!

Wouldn’t it be amazing to not have any bills after the holidays! No dreaded credit card statements for the gifts you bought or the holiday you planned.

No trying to come up with money after the holidays to pay for everything.

stress free holiday

Simple, stress free holiday season knowing everything is paid for. This is what we all want. And it’s possible if you stick to your plan.

christmas money saving hacks

If you aren’t able to save your desired amount by Christmas don’t stress. You can still have an amazing frugal holiday.

frugal christmas tips

If your budget is tight this year and you couldn’t save enough don’t stress it, plan a frugal Christmas.

Instead of buying expensive gifts, try making your own DIY gifts. Or do a name draw for the people you wish to exchange with. This is how our large family did the holidays growing up. Everyone got a name and bought one gift.

christmas potluck

When it comes to Christmas dinner don’t stress the cost plan a holiday potluck or appetizer party.

You cook the main dish and ask all your guests to pitch in. This ideas saves time, money and stress. Plus the menu is variable and something everyone will enjoy.

cheap holiday entertainment

If you are looking for cheap entertainment during the holidays lots of local groups and churches have beautiful seasonal displays, Christmas lights and entertainment for free.

Updated July 24, 2020