Who else is going to start a Christmas club account for next year? It's a special savings account that most banks/credit unions offer that deposit the money into your account in November. It comes in handy for me as well because my girls have their birthdays in Nov and Dec so if I don't plan ahead we get sticker shock.
My goal is to deposit money I get from Pinecone research studies, returning popcans, rebate offers, and at least $25/month from checking.

I so need to do this. I keep saying each year I am going to start one and never get around to it. I hope to do it this year. thanks for a reminder and a kick in the seater end to do this!

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~Jill~

this is on my new years resolution. i am sick of having to scrounge for money come dec 1st cuz i havent' picked up the "last few things" which turns out to be a ton! so i'm with ya Deemom!

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My choices yesterday create my today. My choices today create my tomorrow.

Count me in! I really need to start my Xmas Club at my credit union for 2008 Christmas!

This is a really good idea, I always say I am going to shop all year & be done long before Christmas, but then birthdays come along and new toys come out before Christmas that they have to have so it never really turns out so this actually a better idea.
I'm with ya & Thank You for the idea!!

I'm in! I'm turning in the paperwork this week! This was a lean christmas cause we had to scramble to find $ for gifts.

I would only do it if it is an interest bearing account. Otherwise, it would be a waste in my opinion. You could deposit money into a CD that would mature December 1st or a money market account, have the same outcome, PLUS a little bit more! JMO

I do it my own way. One checking account, one savings account and one money market that earns better. I have spreadsheets that tell me what the current balance in each account is allocated to. Groceries and bills and such in the checking, Christmas, medical and such in the savings, and longer term emergencies, car replacement in the money market. Every month I review and update the spreadsheets to match the balances and my goals, shifting money as I want. Setting them up took time, but ongoing the benefit is the thinking about the goals regularly. Keeps you on track.

Cathleen

Even paypal has a money market account that yields about 5%. That could be an option.

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Actually I have decided to do it, but I had the same idea as Kim suggested, and I was going to use my Paypal account. I already put $20 in there this week! I want to earn interest!

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Carrie
SAHM Momma to 2 sweet boys and a baby princess