Many of our clients ask how they can control spending during the 2025 holiday season. Our Austin Financial Coach says there is only way to control spending: Create a spending plan.
Capital Budget Strategies LLC, Austin’s best Financial Coach, meets with clients each Fall who are still paying off credit card debt from last year’s holiday gift buying. That is stressful and very expensive with credit cards charging 18%+ in interest on outstanding balances.
Our plan is simple, but you must stick to it. First, write down the names of people you will be buying a gift. Second, figure out exactly how much you can spend in total this year and not go into debt. Finally, decide how much of your available cash you will spend on each person. Sounds simple, but it takes a strong will sometimes.
For example: Amount of funds available to purchase gifts: $500
Create a list of people you want to purchase a gift. As an example: Grandma, Mom, Dad, Brother, Sister, Spouse and child. A total of 7 people or $71 each. Using a chart, you can divide up the $500 any way you want, but do not spend more than $500. Therefore, you can spend $50 on Grandma, $10 on your brother, $100 on your spouse, etc. But the total cannot exceed $500. (See attached chart)
For only $149, Capital Budget Strategies, LLC’s Money Coach will meet with you one-on-one via Zoom Video Conferencing and do a complete evaluation of your finances. Together we will determine your Net Worth, create an Emergency Fund, set up a Snowball Debt Repayment Plan, if needed, and create a personalized monthly Budget. Please note: We have a 25% discount for first responders, military and veterans, law enforcement (except ICE), teachers and nurses.
Give us approximately 4 hours of your time and we promise to remove the financial stress in your life! We are available 7 days a week.
Please see our 63 5-Star Google reviews at: https://g.page/r/CWPIT-Xl53R3EB0/review
Question or Comment? Enter it below.