Weatherford Democrat

Aledo ExtrA

December 1, 2013

EXTENSION NEWS: Managing your holiday spending

By KATHY SMITH

Stretching personal financial resources to cover holiday expenses can challenge even the best money managers.

In addition to the pressure to buy gifts, food and entertaining expenses, decorations, wrapping paper, cards, postage and travel all can require expenditures over and above typical monthly expenses.

While making your list and checking it twice might seem more like Scrooge than Santa, the good news is that most people can trim some holiday expenses and also improve their money management skills, even during the holiday season.

To begin, ask yourself: What can I do to make the holiday season less stressful? What’s most important? And, what can I eliminate?

To help answer these questions, here are some tips:

• Make a list of family and friends for whom you plan to buy gifts. Jot down some gift ideas and a price range for each gift. 

• Shopping with a list and a pre-determined price range can reduce the temptation to overspend.

• Now, take a look at your finances. Have you saved for holiday expenses? Or, will the gifts need to be purchased from regular monthly disposable income? Do you plan to pay cash? Or use credit? Using credit can be a good choice, particularly if you can pay off the credit card at the end of the month. Purchases made with a credit card can be easier to return or exchange, but overspending – charging more than you can afford to pay – can commit future earnings and also raise the price of purchases that are not paid promptly.

• To manage credit, make it a habit to monitor your spending. Carry a piece of paper or an envelope in your wallet and record purchases. The advantage to a small envelope is that you can tuck receipts inside.

• Plan to pay with a check or debit card? Be sure to deduct the amount of the purchase. With cash, be careful and watch your wallet or purse carefully.

Text Only
Aledo ExtrA
  • Splash Kingdom suspect Water park burglar sought

    Weatherford and Hudson Oaks police are requesting the public’s assistance in catching a burglar who broke into Splash Kingdom Water Park in Hudson Oaks earlier this month. 

    July 29, 2014 2 Photos

  • Commissioner at odds with school district's demand for land

    Aledo ISD superintendent Derek Citty is moving forward with plans backed by the school board in May — plans to secure two school sites in the Morningstar subdivision, slated for the corner of Old Weatherford Road and FM Road 3225 in the City of Fort Worth’s extraterritorial jurisdiction.

    July 29, 2014

  • 0729 better coach tattoo.jpg An unforgettable state championship

    Corey Kiser and Riley Sartain, members of Aledo High School’s state champion softball team, honored by trustees last week, are to blame for the 10-3 tattoo on the finger of their coach, Jeff Lemons.

    July 29, 2014 1 Photo

  • Firefighter arrested for child sexual assault

    A volunteer Hudson Oaks firefighter is in the Parker County Jail on charges he repeatedly sexually assaulted two young relatives over a several year period.
    Richard Frederick Adams Sr., 62, arrested July 21, faces two charges of continuous sexual abuse of a child under 14, a first-degree felony.

    July 29, 2014

  • Fire protection improving in Aledo

    Stephen Watson, interim chief of Emergency Services District No. 1, briefed the Aledo City Council on improvements to the city’s fire protection — including the purchase of a site for a new fire station — in Thursday night’s Aledo City Council session.

    July 29, 2014

  • Aledo ISD trustees affirm hiring policy

    The Aledo ISD School Board affirmed a policy delegating the hiring of most school personnel to the administration by a 4-1 margin last week, with trustees Jay Stringer, David Tillman, Hoyt Harris and Steve Bartley voting in favor and trustee Bobby Rigues arguing that the board should retain the responsibility.

    July 29, 2014

  • Aledo coffee shop helps support the troops

    HUDSON OAKS — Wild West Splash Kingdom was the host of military members and military supporters the night of Saturday, July 19, during ‘Salute the Troops,’ sponsored by Holy Grounds Coffee and Gifts in Aledo and Ducerus College Planning.

    July 29, 2014

  • Calendar of events

    Aug 2-23
    Movies!

    Holy Grounds Coffee & Gifts, at 108 Jearl Street, is hosting a series of outdoor movies in their parking lot at 8:30 p.m. on Saturdays through Aug. 23.
    Admission is free and feature drinks are half price during the films. “The Amazing Spiderman” is  Aug. 2, followed by “Tangled” on Aug. 9, “The Lego Movie” on Aug. 16 and “The Avengers” on Aug. 23.
    For more information, call 817-440-7770.

    July 29, 2014

  • 0729 one purple heart group.jpg A Purple Heart County

    County Judge Mark Riley and Parker County commissioners proclaimed Parker County to be a “Purple Heart County” Monday, honoring local veterans and their families in a special ceremony held in the second floor courtroom of the historic courthouse. 

    July 28, 2014 2 Photos

  • 0725 one arson.JPG Suspicious house fire under investigation

    The Weatherford fire marshal says a fire that damaged a house and killed two puppies Wednesday night is being investigated as a suspicious fire and a suspect is in jail on unrelated charges.

    July 24, 2014 1 Photo

Must Read
House Ads
Top News
AP Video
Raw: Japanese Soldiers Storm Beach in Exercises Raw: Weapons Fire Hits UN School in Gaza Raw: Rocket Launches Into Space With Cargo Ship Broken Water Main Floods UCLA Two Women Narrowly Avoid Being Hit by Train In Virginia, the Rise of a New Space Coast New Sanctions on Key Sectors of Russian Economy Crayola Announces Family Attraction in Orlando US Ready to Slap New Sanctions on Russia Kerry: Not Worried About Israeli Criticism Boater Rescued From Edge of Kentucky Dam Girl Struck by Plane on Florida Beach Dies Rodents Rampant in Gardens Around Louvre House to Vote on Slimmed-down Bill for Border Looming Demand Could Undercut Flight Safety Raw: 2 Shells Hit Fuel Tank at Gaza Power Plant Raw: Massive Explosions From Airstrikes in Gaza Giant Ketchup Bottle Water Tower Up for Sale Easier Nuclear Construction Promises Fall Short Kerry: Humanitarian Cease-fire Efforts Continue