Happy 3 months til Christmas!
On the 25th of every month from January to November in 2013, I’m holding a virtual meeting for the Christmas Savings Club. The goal for this monthly accountability meeting is to give updates on our progress, motivate one another, and help all of us save for a cash Christmas. Today is the ninth meeting, but you can join us at any time.
If you are new, please read more about the Christmas Savings Club in the first post and join us. My offer for a FREE Christmas Gift & Spending Budget excel spreadsheet is still available.
On with the September meeting…
How did I do in September?
Our monthly goal for Christmas savings is $100. That number includes gifts for our kids, extended family members, teachers, friends, neighbors, bus drivers, service people, our Christmas cards, stamps, and our donations towards the Salvation Army’s Adopt-a-Family program.
We were able to set aside the $100 for September, but I’m still $50 short from previous months. BUT I have a plan:
My theme for October is 31 Days to Find $1000.
Yep, we’re taking the entire month of October to find $1000.
It’s quite the challenge, but Christmas is 3 months away AND my husband and I need 4 new tires for our van. My goal is to make up the $50 shortfall in our Christmas account, cash flow the 4 tires without taking the money out of our emergency savings account, and have a little left over for some other household repairs…hopefully.
1. If you have not done so, complete the Christmas Gift & Spending Budget worksheet.
2. If you have not done so, open up a separate checking account specifically for your Christmas Spending Savings.
3. Set aside your monthly savings goal for October.
4. Stop by Family Balance Sheet everyday in October for ideas on how to find $1000 in 31 days.
5. Meet back here on October 25 and let us all know how you found your money.
Let us know how you’re doing with your Christmas Savings Account in the comments. You don’t need to leave specific numbers if you don’t feel comfortable, but let us know if you did anything specific to save your goal.