Holidays are a time of increased financial pressure. Everyone wants to provide their loved ones with great gifts and an experience they aren’t soon to forget. Yet, financial circumstances can make for a tight squeeze when it comes to actually paying for these desires. Budgeting for the holidays, as a result, can be a major strain for many families.

To make matters worse, unexpected expenses and emergencies can creep into your financial health without warning, making for a potentially debt-inducing holiday season, even during the best years of your financial life. With these tips and a new approach to budgeting and paying for services and necessary expenses, making the most of the holidays can be done with as little heartache and stress as possible. Read on to discover how you can transform your holiday budgeting this year with a little planning and hard work.

Tackle maintenance projects before they present an imminent threat.


One priority that many homeowners do take seriously is their maintenance schedule. Hiring a roof installation company, for instance, is a must for anyone who is starting to experience leaks or a growing number of pests in the home. Roofers provide a crucial service to homeowners who want to maintain peace of mind and comfort in their homes at all times of the year. The holiday season is particularly important for this comfort, though. While you’re spending more time at home with family, you’re also sheltering away from the cold and other weather changes that bring additional problems for a home that isn’t well cared for.

Your roof typically is rated to last for 20 to 25 years, but with great preventative maintenance, you can extend this lifespan to the maximum and perhaps even further.

Reframe the budget in a new and powerful way.


Many people think about their budget in terms of raw numbers. You earn a static figure and pay taxes on this income, making up your net earnings. When combined with any other incoming monies that are pouring into the home through your spouse’s job and investments, you have a set earnings figure.

For many, expenses are factored into the overall budget based on their costs as well. Regardless of how much you make, you might consider the rent or mortgage payments that you make every month, cable bills, and electricity as subtractions from the income that you’ve earned during that same period. Instead, you need to consider these as percentages of a whole. If you earn $1,000 and pay $250 in rent, for example, you should visualize the expense as 25% of your earnings rather than a dollar amount to be deducted from the pool of capital available (in this sense then, you have 75% of your earnings available for spending rather than $750).

Utilize discounts for the greatest effect possible.


The best buy you can make as a shopper is one that comes at a discount. Retail prices fluctuate on a regular basis, and merchants like Amazon have been known to test pricing models at a rapid pace. With constant price changes comes the opportunity to lock in great deals on the things you need, but might not need today. By waiting for a price drop on a new shirt or adding the vitamins you take regularly to your cart and checking back every few days, you can score great discounts on the things you would be buying anyway.

Taking even greater advantage of discounts on retail items, many shoppers wait to do a lot of their holiday buying on Black Friday or Cyber Monday. These sale periods offer unique price reductions that can save you a ton of money on gifts and help you save for emergencies and other big expenses that may come in the next few months. Black Friday is one of the primary shopping “holidays” of the year, so circling this event on the calendar and buying for the future in bulk is a great idea for those looking to save big.

With these strategies in mind, making the most of the holidays is simple.