CHARLOTTE, NC (WBTV) – If you want to get through this holiday season and not end up with a pile of bills, now is the time to make a budget and start saving.
David Cove with HF Financial in Charlotte suggests you start with a very clear idea of what your expectations are.
"The first step I would say is to try to figure out what you want Christmas to look like for your family," Cove said. "The more specific you can get the better. Try to figure out how much money you will need to have the Christmas you want."
Cove recommends that once you have the dollar amount figured out, you then need a plan of action on how to save it.
"Usually, when you make that list a few things jump off the page that you could do without," Cove said.
One of the easiest ways to save is bringing a lunch to work.
"It's very difficult to go out to lunch without spending $10 a day, multiply that times five days then a month, that is $200," Cove said.
As a financial planner, Cove spends his time helping clients prepare for a healthy financial future.
In this economic downturn he has found people are looking for deeper meaning to the holidays.
"I think one of the benefits of the economy and what we've gone through is people are realizing what is most important and it's about spending time together as family," he said.