For the most part you’re going to spend more money during the months of November and December than any other time of the year.
I found this out long time ago in college when every holiday season my Spending Account (explanation of accounts here) would get stretched very thin.
Solution: Spending Account #2
In addition to my other accounts, I created another spending account for myself which would cover only gifts, vacations and general holiday spending. I initially used to just put $20/week (aka $100/month) in this account through automatic transfer. That means during the holidays I had an additional $1,000+ to spend on gifts and going out for the holidays. That extra cash is mighty helpful during these months when spending goes through the roof.
Now I put about 10% of all my income in this account. It pays for vacations and everything without having to worry where I’ll pull that money from.
If I randomly see a great gift at the mall or someone, I can usually buy it without much price consideration thanks to the previous 10 months of savings in the Spending Account #2. Same with hopping on a plane for vacation…the Spending Account #2 takes care of it.
If this season you’re struggling to find where all that extra spending money is going to come from, I’d HIGHLY suggest creating a Spending Account #2 for yourself to make the next holiday season much less monetarily stressful and more enjoyable.



Most people I’ve heard turning 26 rue the day because they’ve already “started to feel old.”




















