The holidays may seem far away, but now is the best time to start saving. Setting aside even a small amount each week or month can make a big difference when the season rolls around. Navigator Credit Union has some ways you can enjoy a less stressful holiday season.

Plan ahead

Begin with a general idea of how much you plan to spend this holiday season, and not just on gifts. Remember to factor in any holiday travel, food and parties. Write it down now and you can adjust it as you go. Need a little help? Try our online holiday budgeting coach.

Break down your budget

Break your holiday budget into smaller, manageable chunks like $10 a week or $50 a month. This is much easier than scrambling to come up with a large sum of money all at once in December. Even if you only save half of what you plan to spend, you’re doing your future self a big favor.

Open a Christmas Club Savings Account

Navigator’s Christmas Club Savings Account is a smart way to save for the holiday. You can:

  • Save automatically with scheduled transfers, making holiday savings effortless.
  • Earn dividends on your balance, helping your money grow while you save.
  • Access your funds on November 1, just in time for early shopping and travel deals.
  • Avoid temptation—you can only withdraw your funds once the account matures, keeping you from dipping in early.

Best of all, there’s no monthly service fee. You can open one anytime during the year and start building your holiday cushion right away.

Easy Ways to Cut Holiday Costs

Saving in advance is a great start, but you can stretch your holiday budget even further with a few smart strategies:

  • Plan gift ideas early and watch for sales throughout the year.
  • Get creative like offering your time or talents as gifts, like babysitting, home repairs or handmade items.
  • Use rewards points to purchase gift cards or presents.
  • Thrift and upcycle items into meaningful, personalized gifts.
  • Go digital with your holiday greetings to save on cards and postage.
  • Host a potluck instead of footing the entire bill for holiday meals.
  • Travel smart by being flexible with your dates to snag cheaper fares.

Whether you’re looking to build new traditions or simply give yourself peace of mind, Navigator Credit Union is here to help every step of the way.