Personal Finance

Better Finances for a Better You

Topic: "Holiday Budgeting"

← Curating the web to find the most interesting and helpful information about your money.

Did you know?

Gen Z prefers giving physical items over gift cards. Apparel (56%), cosmetics and beauty products (56%), jewelry and accessories (55%), toys (51%) and alcohol (50%) top the shopping lists of Gen Z gift-givers

Canadian consumer preferences and behaviour trends shaping the holiday shopping season →

Infographic of the week

How holiday spending plans vary across Canada

Canadian consumers plan to spend an average of $1,853 on gifts, travel and entertainment this holiday season, a 13% increase over last year. At the same time, their economic outlook is brightening as inflation and interest rates decline: 65% believe the economy will stabilize or improve over the coming months, up from 48% a year ago.

How holiday spending plans vary across Canada Consumer spending in Canada: A season of gifts, gatherings and getaways →

Saving

Tis the season for joyous mingling but also spending. With a little bit of planning, there are ways to help you save money over the holidays, so that maybe you can continue to be merry after the holidays when the bills start to trickle in

Saving Ways to help you save money over the holidays →

Did you know?

On average, Canadians plan on spending almost $2,000 this holiday season, with the majority of the spending on travel ($1,802), followed by holiday gifts ($519) and entertaining, decorations, and other holiday expenses.

Most Canadians plan to cut back on spending this holiday season, survey shows →

Budgeting

U.S. News Frugal Shopper bloggers offer tips on preparing for the holiday season and conducting an end-of-year financial review.

10 Frugal Ways to Save This Fall By Kimberly Palmer →

Budgeting

Summer is expensive for families. With the kids home from school, your grocery bills will undoubtedly go up. If you pay for daycare or summer camp, that can also eat a big chunk out of your household budget.

50 Best Summer Budgeting Tips for Families By Dawn Allcot →

Saving

5 Tips for Saving Money on Your Late-Summer Festivities By Nicole B. Simpson, CFP

  1. Plan Your Activities in Advance
  2. Share Costs With Family and Friends
  3. Use a Tourist Discount Card
  4. Set Financial Limits
  5. Save in Advance
Have a blast but don’t allow your finances to dampen your spirits →

← Curating the web to find the most interesting and helpful information about your money.