Here are 7 tips to not exceed your holiday budget.
1. Save Before You Spend
Follow the 50/30/20 rule: 50% for needs, 30% for wants, and 20% for Savings.
2. Make a List & Set Aside a Budget
Decide on the things you'll buy for the holidays. Listing them helps you plan better. PRO TIP: Don't forget to check your list twice!
3. It's Okay to Say No
Not really important? Cross it out to make room for the more important ones on your list.
4. Practice Smart Shopping
Shop early, compare quality and prices, use coupons, look for discounts, and avoid impulse buying.
5. Trick Your Mind: Play Pretend
Thinking that you don't have money left to spend anymore (even if you do) might do the trick to avoid overspending.
6. Look for Buying Alternatives
Such as do-it-yourself gifts (DIY), potluck dinners, and good deeds (ex: donations, helping others, etc.)
7. Track What You Spend
Keep your receipts for later auditing, use a budgeting app, or check your online bank statement.
Check out Business of Animation's blog for more in-depth tips on how to grow your animation business!
