Stash The Cash And Other Tips For A Worry Free Holiday Season

View Comments
Links & Numbers
Information & Resources On Dangers Of Marijuana Use Covered California Enrollment Methods Hire LA Youth Hospital Ratings Stradivarius Fest Tell Us Who's Hiring!
Photo Galleries

STUDIO CITY (CBS) — With the summer winding down and after a chaotic couple of weeks on Wall Street, it’s hard to imagine heading to the mall to shop for the holidays. Time to take a reality check… the shopping season is right around the corner!

Will Smayda from Merill Edge visited the KCAL 9 studios Wednesday to talk about budgets for holiday spending.

Budgeting Tips

-Stash Holiday Cash – If you want to save $1,000 by Black Friday, set aside $10 per day and $70 per week, for $700 put $6 per day and $39 per week. Putting this cash away now can help cover any last-minute holiday emergencies.

 Pay Off Credit Card Debt – Pay off any remaining credit card debit now before the shopping season kicks into full gear.

Set Savings Goals – Set a spending goal for the season and stick to a regular savings goal.

 Create a Holiday Checklist – Spiff up your investment portfolio by creating a mid year “task” checklist to evaluate and rebalance your portfolio as necessary.

For more smart money tips, visit Merill Edge online.

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 2,663 other followers