It’s never too early to begin saving for the holidays. 

Create a holiday savings plan and goal to help make your family’s holiday wishes come true.

Tips For Planning Ahead for the Holidays

Start a Holiday Savings Account

Credit Unions may offer special savings accounts that allow their members to save funds for holiday expenses. You can set up automatic transfers to happen throughout the year so money can be deposited directly into your dedicated savings account. Kitsap Credit Union’s Holiday Savings Account balances are transferred to your designated checking account on November 1st so you can use your funds for holiday shopping and expenses. For all the details about our  Holiday Savings Account, visit our website at https://www.kitsapcu.org/personal-savings.html today!

Create Your List

After you open your Holiday Savings Account:

  1. Create your shopping list.
  2. Make a list of your holiday and year-end expenses.
  3. On your list, include the name of people you are buying gifts for, parties and holidays you will be hosting and attending, and any travel expenses. 

Make a Budget

Now that you have created your list, determine an estimated budget for each item. In some cases, these will not be exact numbers. However, you will know the amount you need or are willing to spend on that item. 

Set Up Your Automatic Transfer

Once you have your estimated budget, calculate the amount you will automatically transfer into your Holiday Savings Account. Depending on when you begin saving, you can figure out how much you will need to save each month to have the funds you need for all of your year-end and holiday expenses. 

There’s no better time than the present to start saving and budgeting for the holiday season. Start today, and you will have money saved to make everyone’s holiday cheerful and bright!

Federally Insured by NCUA.