SoFi Blog

’Tis the season to maximize your holiday budget!

Perhaps your holiday plans including flying to somewhere special to meet with friends and family, or maybe you’re planning to host a party for those you love. No matter how and where you’ll celebrate the season, you’ll want to decorate, create memorable meals, and buy exactly the right presents.

The problem, as you know, is that this can get expensive.

With the holiday season in full swing, your priorities might include finding the perfect gift for everyone on your list (all while making sure you don’t break the bank), mingling with friends and family at holiday parties, indulging in the scrumptious treats that seem to be around every corner, and watching your favorite holiday classics.

The festive season can also inspire compassion and generosity. Offices and nonprofits sponsor food drives and gift drives, the Salvation Army bell ringers are out in full force, and charities around the country are accepting donations.

If the warmth of the holiday season has inspired you to give back, you might consider making a charitable donation. These recommendations could help you make the most of your philanthropic efforts—even if you’re on a tight budget.

At a time when it can feel like there’s a Walmart, Dollar General, Walgreens or other national chain around every corner, what does it mean to shop small?

It means checking out the new boutique store that carries hand-crafted wooden toys. Or buying a birthday cake from the corner bakery, helmed by a chef who lives on the second floor. It’s the choice to patronize the community’s independent storefronts, as well as local artisans who sell online through sites like Etsy . (Find them via a location search.)

The phrase “shop small” has become something of a rallying cry, synonymous with the weekend after Thanksgiving ever since the inaugural Small Business Saturday took place in 2010. This year’s holiday is set for Saturday, Nov. 30.

And while shoppers may be drawn in by the promise of huge deals available from mass-market retailers on the day before—Black Friday—here are a few reasons why it could be good to keep some of that holiday shopping budget for the little guys.

With the holidays right around the corner, many people think about spending time with family, travel plans, and ironically their finances. It might surprise you that finances made that list, but after over a decade in the industry, I’ve learned that the next several months is when people place the greatest emphasis on their finances.

Whether this focus comes from feeling the pressure of accomplishing resolutions before the year ends, or year end deadlines set by the IRS, there are several common ways to help make your year-end planning more effective.

If you’re on the job hunt, you know how real the hustle can be. Combing through online job boards to find the right fit, revamping your resume, interview after interview. The constant pressure to sell yourself and impress each interviewer can be exhausting.

When you finally get the offer for the new job you’ve had your eye on, it’s thrilling. You’re about to breathe a well-deserved sigh of relief, until you dig into the details, realizing that taking this job means taking a pay cut.

Deciding whether or not to take a job for less can be a complicated decision. There are a lot of factors to think about as you weigh the pros and cons of accepting a lower offer. It’s a personal choice and it’s worth noting that everyone’s situation is different.

If you’re in pursuit of your next job opportunity and are thinking about taking a lower paying job, it can help to review the situation from all sides. You’ll probably want to find out if there is any room for negotiation. If there isn’t, it might help to consider the following factors.