According to Sangl’s Dictionary, here is the definition of “Debt-Free Christmas.”
Debt-Free Christmas – noun The act of buying Christmas gifts without incurring any debt.
Here is the 1-2-3 steps that will ensure that you can have a Debt-Christmas of your own:
- Save money for Christmas throughout the year – save some money for Christmas every single paycheck.
- In October/November, prepare a Mini-Budget for the money you have saved for Christmas. Click this link to pull the tool up: Mini-Budget Tool. See the picture below for a sample budget.
- Ensure that it balances to EXACTLY ZERO!
- Stick to the plan!
It is that simple!