It's been a while since I did a plug on my bank's Christmas Club savings account, and with Christmas right around the corner, it's probably about time I do another one.
Who: Darren and Alaina
What: A check for a little over $1,300
When: This week
Where: In the mail
Why: To buy Christmas presents
How: By taking advantage of the Christmas Club savings account
Reminds you of elementary school, no?
So this week I got my annual disbursement of our Christmas Club savings account. We have set up an automatic transfer from our checking account of $25 every Monday. Who misses $25 a week?
Not me. (Although now it's $50 a week because we set up a savings account for Natalie's college fund, too. And it's a lot easier to miss $50 a week than $25. But that's another story.)
Thirteen hundred dollars is a lot of money. No, we do not spend that much on Christmas. In fact, our budget is almost a thousand dollars less. But I swear somehow every year there's hardly any left. Hopefully this year we will save more of it, since Darren and I have decided not to buy presents for each other, or for Natalie. We all will get enough as it is.
But even still, it's nice to have that little nest egg around this time of the year. Whatever we don't spend we throw back in our savings. We're always buying something; I'm sure we'll find a use for it.