So it’s still summer, but I’m already thinking about Christmas presents. More specifically, I’m thinking about what I’ll be getting my daughter, nephews and other family members and pricing out things. I want to be able to spread the costs over a few months rather than stressing over a bunch of last-minute purchases in December.
I’m also thinking ahead to next summer. I’m putting all my monthly child tax credit payments into a savings account to use for summer camp 2022.
That said, I know I’m a bit of a planning nerd. How far in advance do you plan for big expenses? What future expenses are you saving up for now?