--- title: "Participant Corner: Carving A Holiday Budget" description: The holidays are a time for giving, but often people can be a little overgenerous during this time of year and later find themselves in financial trouble. image: https://www.oakbourne.com/hubfs/gift%20budget.jpeg --- [![Oakbourne Advisors logo](https://www.oakbourne.com/hubfs/logos/OakbourneAdvisors_Logo-v1.svg "Oakbourne Advisors logo")](https://oakbourne.com) [![oakbourne Logo](https://www.oakbourne.com/hs-fs/hubfs/raw_assets/public/oakbourne-theme/images/mobile-logo-oakbourne.png?width=36&height=39&name=mobile-logo-oakbourne.png "oakbourne Logo")](https://oakbourne.com) [Contact Us](https://www.oakbourne.com/contact) [401(K) Plan Benchmarker](https://www.oakbourne.com/checkmyplan) - [About](https://www.oakbourne.com/about-us) - Services Services - [Retirement Plan Consulting](https://www.oakbourne.com/retirement-consulting) - [Private Wealth](https://www.oakbourne.com/private-wealth-management) - Client Access [Client Access](https://www.oakbourne.com/client-access) - [TD Ameritrade](https://www.advisorclient.com/login) - [SEI](https://www.accessmyportfolio.com/) - [Private Client Portal](https://login.bdreporting.com/Auth/NSAM/SignIn) - [Financial Plan](https://www.rightcapital.com/login?cobrand=t624d4kUxMP0KbIPgfuNXg&type=client) - [Blog](https://www.oakbourne.com/401kbulletin) ###### [401k](https://www.oakbourne.com/401kbulletin/tag/401k) ###### [participant](https://www.oakbourne.com/401kbulletin/tag/participant) ###### [behavioral finance](https://www.oakbourne.com/401kbulletin/tag/behavioral-finance) # Participant Corner: Carving A Holiday Budget By Oakbourne Advisors ![TimeIcon](https://23722879.fs1.hubspotusercontent-na1.net/hubfs/23722879/Icons/clock-icon-white.png) 1min ![DateIcon](https://23722879.fs1.hubspotusercontent-na1.net/hubfs/23722879/Icons/calendar-icon-white.png) Oct 4, 2022 SHARE - - - [mailto:?subject=Check%20out%20https://www.oakbourne.com/401kbulletin/holiday-budget&body=Check%20out%20https://www.oakbourne.com/401kbulletin/holiday-budget&media=https://www.oakbourne.com/hubfs/gift%20budget.jpeg](mailto:?subject=Check%20out%20https://www.oakbourne.com/401kbulletin/holiday-budget&body=Check%20out%20https://www.oakbourne.com/401kbulletin/holiday-budget&media=https://www.oakbourne.com/hubfs/gift%20budget.jpeg) - - The holidays are a time for giving, but often people can be a little overgenerous during this time of year and later find themselves in financial trouble. According to a survey by Country Financial 32 percent are feeling the greatest stress around holiday finances.1 Here are our top tips for saving money during the holiday season: 1. Create a Holiday Budget Monthly Income - Monthly Expenses = Your Holiday Budget Make a list of everyone you will buy for and how much you will spend on each person, then stick to it! Also, consider setting a gift budget for the entire year to better anticipate costs and save for additional holiday spending monthly. This will allow for smoother month-to-month budget tracking. 2. Pay with Cash When you pay with cash, you can get a better handle on how much you are spending. You are forced to stick to your budget because you can’t spend cash you don’t have! 3. Pay with Gift Cards There are websites and stores where you can purchase gift cards at a discounted price. Shop with them and you are automatically saving money. Shop for items on sale or at a discount store and save even more money! 1 [https://www.countryfinancial.com/en/about-us/newsroom/waiting-for-a-holiday-miracle-santa-needs-to-leave-nearly-60k.html](https://www.countryfinancial.com/en/about-us/newsroom/waiting-for-a-holiday-miracle-santa-needs-to-leave-nearly-60k.html)     ![Email Icon](https://f.hubspotusercontent10.net/hubfs/1781314/Email%20Icon.svg) ### Subscribe to Our Blog ## Related Posts [![](https://www.oakbourne.com/hs-fs/hubfs/advisor%20lightbulb-1.jpeg?width=900&name=advisor%20lightbulb-1.jpeg)](https://www.oakbourne.com/401kbulletin/5-ways-you-can-benefit-from-partnering-with-a-retirement-plan-advisor) ###### [401k](https://www.oakbourne.com/401kbulletin/tag/401k) ###### [plan sponsors](https://www.oakbourne.com/401kbulletin/tag/plan-sponsors) ###### [retirement](https://www.oakbourne.com/401kbulletin/tag/retirement) ###### [fiduciary](https://www.oakbourne.com/401kbulletin/tag/fiduciary) ###### [erisa](https://www.oakbourne.com/401kbulletin/tag/erisa) ###### [advisor](https://www.oakbourne.com/401kbulletin/tag/advisor) ##### [5 Ways You Can Benefit from Partnering w...](https://www.oakbourne.com/401kbulletin/5-ways-you-can-benefit-from-partnering-with-a-retirement-plan-advisor) Oct 26, 2022 2min From decoding key ERISA regulations to keeping abreast of fees and providing e... [READ MORE](https://www.oakbourne.com/401kbulletin/5-ways-you-can-benefit-from-partnering-with-a-retirement-plan-advisor) [![](https://www.oakbourne.com/hs-fs/hubfs/benefits.jpeg?width=900&name=benefits.jpeg)](https://www.oakbourne.com/401kbulletin/how-to-design-a-differentiating-benefits-package) ###### [401k](https://www.oakbourne.com/401kbulletin/tag/401k) ###### [plan sponsors](https://www.oakbourne.com/401kbulletin/tag/plan-sponsors) ###### [retirement](https://www.oakbourne.com/401kbulletin/tag/retirement) ###### [behavioral finance](https://www.oakbourne.com/401kbulletin/tag/behavioral-finance) ###### [fiduciary](https://www.oakbourne.com/401kbulletin/tag/fiduciary) ###### [advisor](https://www.oakbourne.com/401kbulletin/tag/advisor) ###### [401k consultant](https://www.oakbourne.com/401kbulletin/tag/401k-consultant) ###### [401k plan](https://www.oakbourne.com/401kbulletin/tag/401k-plan) ##### [How to Design a Differentiating Benefits...](https://www.oakbourne.com/401kbulletin/how-to-design-a-differentiating-benefits-package) Nov 15, 2022 2min Over the past couple of years, the so-called “Great Resignation” has led to an... [READ MORE](https://www.oakbourne.com/401kbulletin/how-to-design-a-differentiating-benefits-package) [![](https://www.oakbourne.com/hs-fs/hubfs/pressure.jpeg?width=900&name=pressure.jpeg)](https://www.oakbourne.com/401kbulletin/financial-stress-in-the-workplace) ###### [401k](https://www.oakbourne.com/401kbulletin/tag/401k) ###### [retirement](https://www.oakbourne.com/401kbulletin/tag/retirement) ###### [participant](https://www.oakbourne.com/401kbulletin/tag/participant) ###### [fiduciary](https://www.oakbourne.com/401kbulletin/tag/fiduciary) ###### [401k consultant](https://www.oakbourne.com/401kbulletin/tag/401k-consultant) ###### [401k plan](https://www.oakbourne.com/401kbulletin/tag/401k-plan) ##### [Financial Stress in the Workplace](https://www.oakbourne.com/401kbulletin/financial-stress-in-the-workplace) Nov 3, 2022 2min As the global economy continues to gyrate on an uncertain path, many are feeli... [READ MORE](https://www.oakbourne.com/401kbulletin/financial-stress-in-the-workplace) [![Oakbourne Advisors logo](https://www.oakbourne.com/hubfs/logos/OakbourneAdvisors_Logo-v1.svg "Oakbourne Advisors logo")](https://oakbourne.com) Oakbourne Advisors is an independent investment consulting firm providing customized solutions for families, business owners and 401(k) plan sponsors. Berkeley Heights 908-850-9991 Oakbourne Advisors 200 Connell Drive Suite 1000 Berkeley Heights, NJ 07922 West Chester 610-798-6641 Oakbourne Advisors 121 North Walnut Street Suite 320 West Chester, PA 19380 Follow us Copyright © 2026 Oakbourne Advisors - [Privacy policy](https://www.oakbourne.com/privacy-policy) - [Designation Disclosures](https://www.oakbourne.com/designation-disclosures) - [Form CRS](https://www.oakbourne.com/hubfs/Form%20ADV%20Part%203%20%E2%80%93%20Client%20Relationship%20Summary-1.pdf) - [Form ADV](https://www.oakbourne.com/hubfs/20230323%20ADV%20Part%202A%20-%20Oakbourne%20Advisors.pdf) ```json { "@context" : "http://schema.org", "@type" : "Organization", "address" : { "@type" : "PostalAddress", "addressCountry" : "", "addressLocality" : "Berkeley Heights, NJ", "addressRegion" : "NJ", "postalCode" : "07922", "streetAddress" : "200 Connell Drive Suite 1000" }, "alternateName" : "Oakbourne", "areaServed" : { "@type" : "GeoCircle", "geoMidpoint" : { "@type" : "GeoCoordinates", "latitude" : "40.905151", "longitude" : "-74.822510" }, "geoRadius" : "150 km" }, "description" : "Oakbourne Advisors provides businesses like yours comprehensive retirement planning that meets your objectives, supports employee engagement, and eases related administrative obligations.", "email" : "investors@oakbourne.com", "image" : "https://f.hubspotusercontent30.net/hubfs/20929034/OakbourneAdvisors_OG-Image-v1.png", "logo" : "https://f.hubspotusercontent30.net/hubfs/20929034/logos/OakbourneAdvisors_Logo-v1.svg", "mainEntityOfPage" : { "@id" : "https://www.oakbourne.com/401kbulletin/holiday-budget", "@type" : "WebPage", "description" : "The holidays are a time for giving, but often people can be a little overgenerous during this time of year and later find themselves in financial trouble." }, "naics" : "523930", "name" : "Oakbourne Advisors", "sameAs" : [ "https://www.linkedin.com/company/oakbourne-advisors" ], "telephone" : "", "url" : "https://www.oakbourne.com/" } ```