Spend Wisely This Holiday Season
During this time of year, people turn their attention to finding the perfect gift for everyone in their family, not to mention the gifts needed for work gatherings, as well as holiday gift exchanges with friends and neighbors. You try not to spend too much, but unfortunately, a majority of your gift purchases will most likely end up on your credit card. The holidays do only come once a year, but if you’re paying off credit card debt until next July or August, is it worth it to overspend? At rebel Financial in Columbus, we believe in spending wisely, and that includes investing and saving.
One gift to consider giving this year is starting a college fund for one of your younger children, or a niece or nephew. Planning for college is imperative for those that want to achieve their degree and pursue a successful career, and our financial advisors can help you decide which type of fund is best. We’ll discuss Section 529 plans and Education Savings Accounts (ESA), and help you narrow down your choice. If you’re looking to invest wisely so that there is a good return for your children in the future, we’ll guide you towards the ideal choices and explain every option for your money.
Instead of overspending this year, consider budgeting a set amount for each person, and take what you would’ve spent and invest it in an ESA or another fund or account. While you may find the perfect gift, it’s very possible that the recipient will outgrow it or only keep it for a few years, but smart investing can create a lasting impact. Our team is skilled and knowledgeable, and can help you make the right decisions for your money. We know that you’ll be very thankful when you’re not paying off credit card debt for the next few months. Contact us today!