Happy New Year, Merry Christmas, and Happy Holidays! We hope you had a wonderful holiday season. Now that it's January once more, it's time to tally up the damage from the holiday season... that is, if you didn't plan for the damage already!

Unfortunately, Christmas and New Year's is a season where many folks go into debt. Some are still carrying debt from the prior year. Holiday spending doesn't have to be a surprise, however. If you start now, you can set aside a little bit each month so that when next December arrives, your holiday spending category will be stuffed as a stocking.

So, today, pour a cup of coffee, sit down, and tally up your holiday spending from 2025. Don't forget travel and extra groceries! Divide that number by 12 -- that's your monthly savings target for the 2026 holiday category. Set aside that amount each month and next December your holiday spending will be stress and guilt free. If you use the YNAB software, you can set this amount as a target in your holiday category and YNAB will do the math for you. Simply set a target for December with the total amount you want to save in your holiday category, and YNAB will tell you how much you need to set aside in the category each month to get there.

Here's to getting better with money, one target at a time, in 2026!

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