The squirrels are busy gathering. October is a time to plan for the changing seasons, a time of harvesting, storing and planning ahead of winter.
In the financial world, it is also a time to plan as we look at the prior 9 months. It’s good time to review your spending, set next year’s budget.
- Do you have enough deductions? There is still time to do some giving or purchase something deductible.
- What can you afford for the holidays and stay on track financially? It’s easier to stay away from overspending with credit, if you know what your budget is.
- Can you save a little more? If you have a surplus, then squirrel some away for later.
Plan ahead, then you won’t be nuts when expenses come unexpectedly.