Monday, October 12, 2015

Forbes: Ten Money Tasks To Get Done By Thanksgiving

By SIMON CONSTABLE

It might feel as if summer is barely over, but truthfully Thanksgiving is just weeks away followed quickly by holidays. Then it will be 2016. So don't dally, here are the money related tasks that you need to get started on now:

1. Set a budget for holiday gifts and then stick to it. It doesn't matter how small or large an amount you decide to allocate, just don't spend more than you can afford. If you are a little strapped this year, then maybe make something instead, like a painting. The truth is, your true friends really love you for your company not what physical things you give them.

2. Plan how much money you want to give to charity this year. Then send the money. I normally recommend making such payments at the beginning of the year, but we all forget sometimes. If you did, then do it now and then keep a record for tax purposes. It might help reduce what you owe the Internal Revenue Service. Read more here.

Photo by SJ . on Unsplash

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