Christmas is the perfect time to organise your budget

First published on 9Honey

With just 24 sleeps left until Christmas we are getting to the ‘business end’ of the festive season. For those who haven’t started their Christmas shopping yet, you may want to get cracking.

The problem with leaving Christmas shopping until the last minute is it can lead to unplanned purchases, which can cause budget blowouts.

To help Aussies avoid financial hardship, registered charity Way Forward has the following excellent suggestions so you can enjoy the festive season without money worries.

It’s all about making sure your overall budget is on track, by following these tips:

Have a goal

It will be easier to stick to a budget or a savings plan if you have a long-term goal in mind. Setting a clear goal keeps most people on track and makes the whole process feel nicer. It’s all about flipping to a positive mindset instead of dwelling on the negatives.

Set up a savings account with automated transfers – and don’t touch it!

Setting up a savings account with automated transfers on payday is a great way to save money, hassle free. Sometimes it’s too easy to dip into your savings account – consider opening a savings account with another bank so you’re less likely to use the funds.

Read the full article, Christmas is the perfect time to organise your budget, 9Honey, 1 December 2021

If you’d like to know more about how Way Forward can help you: 

Enquire here or call us on 1300 451 343

Use our free budget planner or repayment calculator.

Struggling to pay for the essentials such as food and rent and want to know more about your options? Our emergency funding page lists some of the available free emergency services and funding if you live in Australia and find yourself in financial difficulty.