The holidays are synonymous with the S word.
No, not Santa.
But really, how can you resist? We’re being bombarded with sale, after sale, after sale. With each one promising to be the best of the season/year/century. It can be hard to resist.
This year, I’ve replaced one ‘S’ word with another: SAVING
Saving during the holidays is often an afterthought. One that creeps in, in January when you’re balancing your budget and wondering why you thought it was appropriate to splurge on so many presents/dinners out/bottles of wine. January isn’t always the cheeriest month and money woes are an unnecessary burden in the middle of the cold, harsh winter.
Most people don’t realize that financial health is a BIG part of overall health and wellness. Money is the source of serious stress and we know that stress increases the risk of disease development, specifically chronic heart disease, diabetes and psychiatric illness.
I’ll be the first to admit that I am not a natural saver. It doesn’t come easy to me to stash away money for a later time. How do I balance my needs with wants and also be a respectable adult and pay off my student loan debt, mortgage and car? It’s not easy to wrap your head around if you weren’t taught how to manage finances as a young adult.
What I’ve found is that saving money is much easier when I can’t see what I’ve saved.
My secret savings goes into an online account with 360 Savings from Capital One. For the last 10ish years, 360 Savings has helped me reach a number of financial goals: from purchasing my first designer handbag to taking a trip with girlfriends and getting a new camera lens. I’ve been able to do it because I used a fancy little feature that 360 offers: the automatic savings plan….