Budgeting for the holidays actually starts months before you ever buy a gift or serve a cookie. Planning your holiday spending into your monthly budget is the best way to ensure that you have the money you need and don’t overspend. You can get a jump on your 2014 Holiday budget with these tips from Christmas Planning: Money.
But what about now in 2013? If you have saved away money and now have some to spend on the holidays here is a great new tool from Dave Ramsey: My Christmas Budget Tool! This tool allows you to set up a total budget amount and then a line for each family member and other gift recipient. You can set a budget amount for each person and add gifts in as you purchase them to make sure you don’t go over your budgeted amount. This tool will keep your spending on track and function as a great way of making sure you get all the gifts you need.