* This article was originally published on Simply Laura Leigh *
It might seem strange to start talking about planning for Christmas when summer has just barely started. BUT if you want to save money and stick to a budget this holiday season then starting your Christmas savings fund in the summer is key. This simple and straightforward plan will help you save $1,000 over the course of 25 weeks. Keep reading to find out more and to get your FREE Christmas Savings Plan printable!

Why start saving For Christmas In the SUmmer?
It keeps you out of debt! Did you know that the average American spends a little over $1,000 on holiday shopping? And the majority of people are putting that all on credit cards. Racking up debt that could take months or years to pay off. No wonder finances are regularly listed as the biggest causes of Christmas stress!
This plan helps you save $1,000 slowly over the course of 25 weeks. So by the time you’re ready to start shopping, you’ll have plenty of cash on hand and avoid ending up in credit card debt. Helping to reduce that financial strain so many of us feel during the holiday season.
Amazon Prime day is in September this year – Why does this matter? Amazon Prime day is basically a summer black Friday that normally happens in June. But with the current COVID crisis they’ve pushed it to September. If you start saving money now you’ll have a great chance to knock out a lot of your Christmas shopping early on Prime Day! You really can’t beat getting your shopping done early, saving money, AND staying out of debt! If you aren’t an Amazon Prime Member click here to Try It For Free For 30-Days!
Saving early allows you to account for any financial setbacks or surprises – To say that this has been an unpredictable year is an understatement. No one can predict what the rest of the year holds for us. If you start putting away money early and you face a financial setback you can either stop saving and just use what you’ve already put away, or pause your saving for a few weeks until you can start it back up again. You might end up with less than your original goal of $1,000 but it can still help to reduce the financial burden of the holidays.
How it works
This plan is super simple and straight forward. For 25 weeks you put away $40, which will give you a total of $1,000 by week 25. The amount you save weekly doesn’t change and there’s no weird math involved. You can even set up an auto-withdrawal from your bank account into a savings account to help make the process of saving even easier. I really believe that the simpler a plan is the easier it is to stick to.
When Should You Start
One of the best parts of this plan is that there are two different options for start times which allows you to pick which works best for you.
Option 1 is to start saving the first week of June, this will allow you to save $1,000 in time for Black Friday shopping!
Option 2 is to start saving the first week in July, this will give you $1,000 the week before Christmas.
Get Your Copy of the CHRISTMAS Savings Plan

Are you ready to start saving for Christmas? Subscribe to my newsletter below and I’ll send your copy of the Christmas Savings Plan, straight to your inbox! And as an extra thank you, I’ll also send you the password to my exclusive Resource Library! There you’ll have access to tons of great printables, checklists and resources for the holidays, motherhood, homemaking, DIY and so much more. And it’s all FREE!
Related Posts:
- Christmas Planning By Month – What you need to be doing in September if you want a stress-free Christmas
- Christmas Planning By Month – What you need to be doing in October if you want a stress-free Christmas
- 7 Tips To Make Writing Christmas Card A Little Easier – With FREE Printable Christmas Card Address Sheet and Checklist!
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