Now that we have accepted summer is over, Dave and Reb tackle the topic of planning ahead on today’s “Let’s Talk Money” podcast. Christmas is exactly three months away, and they dive into what this winter celebration might look like especially in light of changing financial realities.
“It is never too soon to plan for Christmas, so that you and your family can celebrate without worrying about credit card bills,” Dave says.
One of the practical steps they suggest is putting money away every month for Christmas expenditures so that there is no surprise or huge credit card bills to pay off in the new year.
“Sometimes we act like Christmas is an emergency – taking us by surprise,” but just like car repairs we know what it looks like at the end of every year,” Reb says.
Planning ahead isn’t only about Christmas, but intentionally being mindful of your finances and what is happening in your bank account and investments, on a day-to-day basis. Listen in, and remind yourself to plan ahead and stick to the plan.
Today’s show is sponsored by More Than Enough Financial, a financial coaching company daily bringing financial hope and freedom into people’s lives. For more information go to www.morethanenough.ca.