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There are the gifts, of course because youve got to go big.
Youve got to serve a spread that everyone will talk about well into the new year.
Not so merry and bright.
The debt youve racked up could make even the Grinch feel sorry for you.
Youll be paying it off until summer just in time to start planning again.
Theres a way to get off thecandy cane-colored roller coasterof holiday expenses.
Each month, or whenever you have extra funds, put money into CDs withstaggered maturity dates.
(Bonus: seeing your savings grow month by month can be its own holiday cheer!)
you could, with the right amount of financial planning.
Start by opening a high-yield savings account as soon as you take down last years lights.
Then, consistently contribute a little extra each month.
Watch Your Spending
They dont call it the most wonderful time of the year for nothing.
The holidays bring joy and creativity decorating, cooking, and basking in the love of family and friends.
If a short-term CD matures, consider renewing it for another term to let the money grow further.
Remember, the holidays dont have to mean a spending bonanza.
By appreciating the smaller joys, youll create meaningful memories while keeping your budget intact.
Those moments are priceless and they dont require overspending.
Adopt a savings plan that combines CD laddering with a high-yield savings account.
Theyre about the memories you make.
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