Finance Tip: Create a Holiday Budget and Stick to It

Analyze how much you can realistically spend on holiday gifts this year and then divide that number per gift recipient. For example, if you have $500 to spend on gifts, and you need to buy gifts for mom, dad, boyfriend, girlfriend, and 3 friends, allocate what amount of the $500 you will spend per person. The more people you have on your list, the more creative you will have to be. There are lots of ways to give gifts without it breaking the bank, so think outside the box.

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. This post was contributed by Brittney Castro, CFP® professional and creator of   Brittney Castro is not affiliated with Brittney A. Castro is a registered representative with and securities offered through LPL Financial, Member FINRA/SIPC. California Insurance License #0F3389.