money
Seasonal money smarts. Americans will spend about $900 on holiday gifts this year, according to a recent Gallup Poll. Financial affairs writer Eric Tyson, whose new book is “Let’s Get Real About Money! Profit From the Habits of the Best Personal Finance Managers,” says too often holiday shopping breaks the bank. Here are some of his tips for reining in seasonal spending.
Find an alternative to gift-giving. Trade in consumerism for more meaningful activities like a family vacation or a special outing.
If you must buy gifts, cut other December expenses. Forgo a dinner out or new pair of shoes.
Set a budget and keep tabs on spending. It’s easy to get into a spending rhythm. That’s why it is key to record every purchase to avoid going over budget.
Set an example for kids. They learn about money from you. If they see spending left and right during the holidays, the lesson they take away is a poor one.
energy
Better ways to warm up. Danny Seo, Country Home magazine’s green-living guru, compiled these ideas for staying warm this winter while conserving energy.
Dodge the draft. Fill a tube sock with pebbles, tie a knot at the end, then place it along the edge of a drafty window or door.
Keep it shut. In vacant rooms, close vents and shut the door.
DIY solar heating. Open blinds during the day to let in heat from the sun. Close them at night to keep in that warmth.
