November 3, 2025
As we welcome another holiday season, it can be easy to get caught up in the excitement and spend more than intended. But with a little planning, you can enjoy the festivities without derailing all the progress you made on your budget this year.
Follow these tips to make the most of the season while protecting your long-term financial health.
- Create a Holiday Budget
Plan ahead for how much you want to spend on everything from holiday cards and travel to stocking stuffers. Keep your budget handy and refer to it before making purchases to help stay on track. Save your budget for next year, too. You can review what worked, what didn’t, and adjust your plan to make the holidays even smoother next year. If possible, don’t forget to save some room in your budget for giving back to your favorite charities or causes. Try Cape Cod 5's personal financial calculators to help with budgeting and saving.
- Get Creative with DIY Gifts
Thoughtful doesn’t have to mean expensive. Consider a handmade gift for a loved one, which can be personal, meaningful and cost-effective. Try something simple like a DIY cookie kit with ingredients and a favorite recipe.
- Start a Holiday Savings Fund
When creating your budget at the start of the year, consider setting up a dedicated holiday savings account. Automate small monthly transfers so you’re saving without even thinking about it. Once the next holiday season rolls around, you’ll be pleasantly surprised when you have a nice cushion set aside. Explore Cape Cod 5 Savings Account options.
- Stay Alert for Scams
With so much spending at once, it can be easy to lose track of your accounts around the holidays, making it a prime time for fraudsters. Keep an eye on your accounts, review your statements regularly and report any unusual activity. Staying vigilant helps protect both your wallet and your peace of mind. Check out these tips to help protect yourself from cybercriminals.
- Shop Mindfully
With all the sales and deals, especially around Black Friday, it can be easy to overspend. Before buying, take a moment to ask yourself if it’s something you truly need or want. Consider waiting a day before checking out. If it still feels right and fits your budget, go for it.
This holiday season, give yourself the gift of long-term financial health. Be intentional with your spending so you can celebrate the moments that matter most without undoing the financial progress you’ve made this year.
