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Top Holiday Budgeting Tips for Families | Greenlight
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Top holiday budgeting tips for familiesHey, $mart parents 👋Teach money lessons at home with Greenlight’s $mart Parent newsletter. Money tips, insights, and fun family trivia — delivered every month.Key takeaways:- The average American spends about 2% of their annual income on holiday gifts.- Your holiday budget should ultimately depend on your financial well-being: Ask yourself if you can afford to spend $X amount of money on gifts without going into debt or draining your bank account.- Create a budget by writing down lists of your gift recipients, gift ideas, gift prices, and total amount before you shop. This will help you understand how much you’re spending before hitting your local holiday shops.Candy canes and season’s greetings. Santa hats and Christmas trees. Menorah lightings and dreidel games. The oh-so-exciting holiday season is here.For those that have worked hard to save up for holiday gifts, the time is finally here! And for those that haven’t saved for gifts, it’s not too...
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