It’s easy to think, “It’s still warm outside, so I have months before I need to think about Christmas.”

But every year, countless shoppers find themselves overspending in December and paying for it well into the new year.

At Exchange Bank of Northeast Missouri, we believe planning beats panic every time. Here’s how to get ahead of the holidays without blowing your budget.

1. Start by Creating a Holiday Budget (We've Got Free Tools for That)

Before you buy anything for the holidays, take a few minutes to map out a spending plan. How much can you realistically spend on:

  • Gifts
  • Travel
  • Food and festivities
  • Decorations

Pro Tip: Use EBNEMO’s free My Money Manager budgeting tools to track your income, set spending limits, and monitor your progress. They’re easy to use and totally free.

2. Track Your Expenses Like a Pro

Whether it’s a spreadsheet, budgeting app, or online banking tool, log each purchase right away.

This helps you:

  • Avoid accidental double-buying.
  • See where most of your budget is going.

3. Start Your Shopping Early

Why wait until November or December when prices (and stress levels) are sky-high?

  • August: Take advantage of back-to-school deals on electronics, clothing, and supplies that can double as gifts.
  • September: Watch for Labor Day discounts on home goods and tech.
  • October: Shop pre-holiday sales before demand spikes.

Buying a little each month helps you avoid big bills later and gives you time to find thoughtful gifts — without the rush.

4. Make a Gift List

Make a list (and check it twice). Write down:

  • Who you’re buying for.
  • A few gift ideas for each person.
  • The max you’ll spend per person.

Keeping a list reduces impulse buys and helps keep spending in check.

5. Set Up a Holiday Savings Fund

Even if it’s just $10 a week, starting a holiday savings stash now can make a big difference. Set up automatic transfers to a Christmas Club savings account so you’re not tempted to dip into it early.

Avoid These 3 Holiday Spending Traps

  1. Waiting until December to start shopping.
  2. Using credit cards without a payoff plan.
  3. Buying “just in case” gifts that never get used.

A Little Planning Goes a Long Way

The holidays should be joyful, not stressful. By starting now, using smart tools, and shopping strategically, you can enjoy the season without the financial hangover.

Ready to take control of your holiday budget? Explore EBNEMO’s free financial tools and Christmas Club savings account to make this your least stressful holiday season yet.

Use Our Free Budgeting Tools Now

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