Overcoming Money Woes this Holiday Season

By Guest Author: Arlene Myers, Thrivent Financial  

With the holidays only a few weeks away, have you thought about what your expenses will look like this  year? If you are like most Americans, you’ll probably spend well into the four-figure range. According to Deloitte’s 2017 Holiday Survey1, the average consumer’s holiday season budget will be more than $1,200.

Given that, it’s no surprise that financial anxiety may intrude on the holiday spirit, particularly for people already dealing with budget and/or money challenges.

Still, there are ways to overcome these hurdles. Here are a few helpful tips from Thrivent Financial for you and your family.

Develop a budget. Yes, it’s a common-sense practice, but it can offer tangible benefits. Determine what’s truly significant for you and your family, and prioritize your spending accordingly. Thoughtful planning can help you stay within your means—and help keep post-holiday sticker shock to a minimum.

Seek help if you need it. With year-end quickly approaching, now might be a good time to seek financial help. Meeting with a financial advisor can help you evaluate your finances in greater detail, identify opportunities to save and set goals – for the holidays and into 2018.

Be generous. The season passes in a flash, so be sure to focus on what really matters, including your family and faith. There are many ways to give, including donating your time and talent to worthy causes or organizations. If you’re not sure where to look, consider this list of global charities and find out how to get involved in your local community.

Make giving part of your lifestyle. This is an ideal time to reinforce the importance of giving back all year-round to your family and loved ones. Find a charity to support and think about volunteering there on a regular basis to make an ongoing impact. Bonus: By doing so, you make giving a habit instead of something you only do over the holidays.

While sticker shock is sometimes hard to avoid, these proactive steps can help ensure your holidays are memorable—and relaxing—this year.  

About Thrivent Financial

Thrivent is a not-for-profit membership organization that helps Christians be wise with money and live generously. It offers its more than 2 million member-owners a broad range of products, services and guidance nationwide. For more than a century it has helped members make wise money choices that reflect their values while providing them opportunities to demonstrate their generosity where they live, work and worship. For more information, visit You can also find us on Facebook and Twitter.

12017 Deloitte holiday survey: retail in transition:


This column was prepared by Thrivent Financial for your local representatives’ use.

Thrivent Financial is represented in the Cottage Grove area by the East Metro Financial Team, which includes Arlene Myers, Dan Myers and Courtney Myers at 8750 90th Street S., Suite 204, Cottage Grove, 651-458-5392. |





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