Money Smart Gifting During the Holidays episode artwork

EPISODE · Nov 28, 2022 · 33 MIN

Money Smart Gifting During the Holidays

from Building Your Money Machine · host Mel H Abraham, CPA, CVA, ASA

If you’re like most entrepreneurs I work with, you probably love the holidays. With the holidays also comes the joy of constant celebration and gift-giving.It’s normal to experience the desire to show your appreciation and gratefulness by being generous to those you love. However, this joyful time can also bring a serious case of holiday hangover come January when the credit card bills come in with a balance higher than what you can actually afford.Today we’re discussing how to plan for your holiday gifting this season without breaking the bank. I want to help you think through how to give smartly without putting you in a situation that you’ll regret later.At the end of the day, this episode isn’t about not giving or not being in the holiday spirit. It is about being realistic about your financial situation and making spending choices that won’t set you back financially for the rest of next year.IN THIS EPISODE I DISCUSS: 12 steps to optimize your spending this holiday seasonHow to make sure your family is not affected by holiday spending during this slow economic time My tips to avoid Black Friday and Cyber Monday overspendingThe best way to plan for expensive gifts The ultimate gift you should be giving this holiday season TAKE THE FINANCIAL LIBERATION ASSESSMENTTake this free assessment to see where you are on the path to financial freedom and what your next steps are to move you to a new financial destiny at http://www.YourFinancialFreedomQuiz.com  OTHER RESOURCES:7-Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.comAffluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/CONNECT WITH ME:Website: MelAbraham.comYouTube: MelAbraham.com/tube/Instagram (@melabraham9): MelAbraham.com/ig/Facebook Group: MelAbraham.com/group/TikTok: https://www.tiktok.com/@melhabrahamCHECK OUT MY BOOK:“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” - melabraham.com/book/

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If you’re like most entrepreneurs I work with, you probably love the holidays. With the holidays also comes the joy of constant celebration and gift-giving. It’s normal to experience the desire to show your appreciation and gratefulness by being generous to those you love. However, this joyful time can also bring a serious case of holiday hangover come January when the credit card bills come in with a balance higher than what you can actually afford. Today we’re discussing how to plan for y...

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Money Smart Gifting During the Holidays

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This episode was published on November 28, 2022.

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