Many new lawyers still think that they need to go into debt in order to buy the last few items on their Christmas wish list. They assume that they will find a job, pay off school debts and be able to afford their gifts for the holidays. The truth is that many people don’t have enough money saved up because of student loans or just bad financial habits over the years. If you are one of these people who does not have enough saved up, then it’s time for you to start preparing yourself financially so you can get your next gift under budget this year!
Whether it’s paying off credit card bills or getting your finances in shape by using proven financial management tools like Mint.com or Personal Capital , there are things that you can do to make sure that your holiday wishes come true without having to dig into your savings account! By switching out one item from your current holiday list with something else, you could end up saving quite a bit of cash during the Holidays when everyone is doing their best deals-over-the-internet shopping sprees! To help give some ideas on how much extra money you could save this year if switched out an item from your holiday wishlist (or started saving altogether), here are five suggestions: