We all would like to have lots of money in the bank, but maybe having a nicely padded Christmas Savings Account would be a great start!

This is one of the tips included in my Jump-Start Your Savings Guide (how to add $500 to your bank account in the next 30 days, without selling a single thing).

There is one common thing I’ve always noticed about smart financial people who have money:

They all take the money that they have and make it “work” for them. They make it grow on its own.

More specifically, they take $1, invest it, and make it worth MORE.

But what do you do when you don’t have money to invest? Or you don’t know what to do to start investing.

Spoiler Alert: We are not going to invest any money. But we are going to make the small savings we already have, grow slightly.

And it’s a super simple strategy you’re going to love.

We do this by taking our normal spending and use it to buy discounted gift cards for our Christmas savings plan.





christmas savings account

Here’s The Sneaky Way To Add To Your Christmas Savings Account:

First, you want to find a gift card that is discounted by 10%-15%.

Let’s do the math, say you take $85 and buy a $100 gift card. That is 15% off. It means you’ll have a gift card worth $100, for which you only paid $85. That’s a FREE $15.

Now you can add that $15 to your Christmas Savings account and you have a great start, right?!!

Just have to mention that this is NOT an investment strategy.

It is just one simple strategy I use during the holiday season to quickly boost my Christmas savings account and make our money go farther.


Planning Is Key During The Holidays


Here are some FREE Cheat Sheets of pertinent things you don't want to forget to do this coming holiday season.

christmas savings account

Save Money On Your Current Spending

You could use discounted gift cards right NOW to save money on your current spending.

If you think you will be eating out soon, then you will want to have a few of these on hand to get more for your money.

They can even be used along WITH other coupons… they are simply another form of payment! I love these Christmas savings tips and use them all year long!

My kids know that once November hits, we always use discounted gift cards when we eat out.

This is such a great way on how to save money for your Christmas budget!

Since restaurants know this is a busy time of year, they tend to put out fewer discounts and I refuse to pay full price for any restaurant meal.

We sit down as a family and decide where we are going to eat out that month and I buy gift cards with our restaurant budget. Win-Win!

Anything I can do to add to my Christmas Savings Account I will do! I know the weeks will quickly fly by if I don’t save, save, save!

christmas savings account

Four Times = A FREE $60

Let’s break this down even further. If you can buy $100 worth of gift cards for $85, you know that that gives you a bonus $15 with each $85 you spend.

Repeat this same process four times and you’ll have an extra $60 of money saved up to spend out of your Christmas Savings Account!

Last year I tried to buy all my gift cards before I went shopping for Black Friday so that I would (1.) stay on budget by only spending the gift card amounts and (2.) make it easier to budget because we had to purchase them ahead of time.

christmas savings account

Choose a “Physical Card” To Give As A Gift

If I am going to need a physical card to give to someone as a gift, then I simply order the “physical” gift card instead of the e-gift card I usually receive.

Those have to be physically mailed out so you need to gauge 10 days in advance to give adequate time to receive it in the mail.

Then I take it to the store and I ask if I can split up the gift card in order to give them to other people. This is all part of my Christmas savings plan.

For example, maybe you bought a $20 Starbucks card and you want to split it up in Four (4) $5 Cards to give one to each of your children’s Sunday School Teachers. Easy!

The store doesn’t mind one bit! And now you have Four $5 cards that you only paid $3.75 each. SCORE!

And you’ve saved so much in your Christmas Savings Account. Don’t forget to uses these same Christmas budget ideas for other holidays too!

christmas savings account

There Is A Catch

But Wait! There is a small catch:  You can’t do this at the very last minute.

You can’t be on your way to a restaurant and decide to buy a discount gift card to use in the next hour or so.

Sometimes the eGift Cards are emailed to you quickly, but I always try to pre-plan by about 24 hours. {That’s not so bad.}

Just a reminder for your Christmas savings plan to be prepared.


Planning Is Key During The Holidays


Here are some FREE Cheat Sheets of pertinent things you don't want to forget to do this coming holiday season.

christmas savings account


Give your Christmas Savings account a little bump by taking these two quick Action Steps on how to save money for your Christmas budget:

1. My three favorite places to purchase discounted gift cards are Cardpool, CardCash or Raise. Look to see if there are any with 10 – 15% Off that you would use to buy gifts, could break up to give AS gifts, or you would use right now to save other money out of your current Christmas savings plan.

2. If you use the gift card for current spending, make sure you do your due diligence to move the money you would’ve spent to your savings envelope/account.

Two great steps for your Christmas budget success.

I hope you can see how saving money for your Christmas budget doesn’t have to be hard. It can be easily done just by shopping smarter using discounted gift cards.

Your Christmas savings plan will be well on its way to be padded for a great Christmas this year.

Want to save more money really quickly? Learn how to JumpStart Your Savings by $500 here!


Your Turn: What is your Christmas Savings Account goal? What gifts are you hoping to save up for? Let us know below!

christmas savings account
A Sneaky Way To Grow Your Christmas Savings Account