When the leaves start changing color, you know it’s time again for holiday shopping, end-of-the-year deadlines and annual financial reviews. At TruStone Financial, we want to share with you some tips on how to make the most of the season while keeping your finances in check.
Cook in season
Pumpkins, squash and apples are plentiful this time of year which means baking pies and roasting vegetables is more affordable. Whether you stop by the local farmers market or stock up at the grocery store, you can take advantage of the season’s harvest and even save some in the freezer for upcoming months.
Make your deadlines
The end of the year also means deadlines are approaching for flex spending accounts and other expenditures with tax implications. Luckily, your TruStone Financial Health Savings Account balances roll over from year to year. But for other spending accounts, you’ll need to use up your balance before it’s too late.
Shop fall sales
If you know where to look this fall, you may find some incredible deals. While back-to-school deals and Black Friday sales tend to be more popular, don’t forget about Halloween, Veterans Day, Small Business Saturday and Cyber Monday discounts.
Audit your spending
Holiday shopping can be a big shock to your budget, but you can prepare for seasonal expenses by reviewing your monthly spending. See which areas you can cut back on, so when it’s time to buy gifts you’ll be able to manage your finances easily.
Prepare for the holidays
Planning your holiday shopping list in advance is the key to staying within your budget. By staying organized and having a set balance, you’ll not only save money, but you’ll spend less time in the crowded department stores.
Protect your money
The holiday season is prime time for identity thieves and scammers. Whether it’s a special-offer email, unwarranted phone call or unknown piece of mail, use these Member Security Tips to keep your identity and finances safe.
Enjoy football season
Cooler temperatures mean the start of football, but rooting for your team can be pricey. From expensive apparel to tailgating parties, expenses can add up quickly. Buy in the offseason so when the season starts, you’re under budget and ready to cheer on your team!
Prep your home
Preparing your home for winter is a smart and frugal plan. Take time to complete these essential home projects before the snow falls, tackle the projects yourself and eliminate the need for expensive maintenance issues later on.
Think about retirement
While eating healthier and exercising are great New Year’s resolutions, it may be time to ensure your finances are in shape. Take some time this holiday season to evaluate your retirement fund and see if there’s room to save even more for the New Year. Consult one of our expert advisors for financial planning and investment advice today!
There are countless ways to keep extra change in your pocket this fall – whether it’s taking advantage of the seasonal harvest or budgeting your holiday shopping, you’ll be able to easily keep track of your finances with these simple tips.
Editor’s note: Segments of this article were taken from money.usnews.com.