Appointments  |  Rates  |  Locations  |  Chat  |  JOIN NOW

With a desire for a much more normal holiday season this year, Americans are set to make it a landmark year for holiday spending.

According to a recent survey from Quantum Metric, 64 percent of the 2,000 United States consumers polled feel this holiday season will be more important and emotional than in years past. With shoppers planning for more meaningful holidays, they are willing to spend more to make it happen. Survey results suggest that many Americans plan to spend $1,000 or more on the 2021 holiday season.

Stores might be back open this year, but online shopping remains the number one way to shop for holiday gifts in the United States. According to the Quantum Metric survey, 62 percent of Americans plan to primarily shop online this holiday season. Results show around the same number of consumers (56 percent) made 75 percent of their holiday purchases online in 2020 as they plan to do in 2021 (54 percent).

With sales up this year, it’s important to make a holiday budget and stick to it, or the post-holiday season could become a financial struggle. Making a list of everything needed, tracking holiday spending, and using cash instead of credit cards are all good ways to stay on top of holiday expenses before they get out of hand.

The holiday season is full of good cheer, but it can also do a number on your wallet. With the holidays approaching, learn how to create and stick to a feasible budget with these tips from The Balance:

Make a list: Always start your budget with a comprehensive list of all holiday-related expenses. From gifts to food to decor to travel expenses, everything you can think of that pertains to the holidays should go on this list.

Decide on a spending limit: And stick to it. Allot an amount for each gift or area of your budget and don’t spend more on it than you have designated.

Track your purchases: Once you have figured out your budget and you’re ready to start buying, be sure to track each purchase you make. Pay attention to whether you are sticking within the confines of your budget and adjust accordingly.

Don’t rule out Black Friday: Take advantage of all the sales leading up to the holidays, including Black Friday and Cyber Monday. You might find better deals than you were hoping for.

Shop online: Don’t forget to comparison shop online, which will save you time and money. Some of the best deals today are found online. Remember to order your gifts with plenty of time for shipping.

Pick up some extras: Add in a few extra gifts that are generic in nature. That way, you won’t be caught off guard and scrambling (i.e., spending more money than you normally would) if you find yourself needing a last-minute gift.

Checking Accounts

Premium Perks

Freedom Checking

CashBack Checking

Direct Deposit

More

Savings Accounts

Savings Accounts

Super Saver

Money Market

h

Certificates

HSA

Cards

Debit Card

Low Rate Credit Card

Rewards Credit Card

CU Rewards

Card Controls

Tools

Mobile Deposit

Online Banking

Pay Someone

eAlerts

Compare Rates

Vehicle Loans

Auto Loans

Refinance Your Car

Motorcycle & Jet Ski Loans

Boat & RV Loans

Mortgage & Home Loans

Mortgages

Refinance Your House

Home Equity Loans

Construction Loans

Personal

Personal Loans

,

StretchPay Loans

Student Loans

Credit Cards

Tools

Apply for a Loan

Pay a Loan

Online Bill Pay

Chat With Us

Financial Planning

Investments

i

Estate Planning

401(k) Rollover

Retirement Planning

Day Air Insurance

Auto Insurance

Home Insurance

Identity Theft Protection

Life Insurance

More Products & Services

RetireMed

Financial Counseling

Credit Reports

Reorder Checks

More

Online Banking

Online Banking

Online Bill Pay

Login to Online Banking

Mobile Banking

Mobile Banking

Mobile Deposit

Pay Someone

Text Banking

Tools

Apply for a Loan

Pay a Loan

eAlerts

Mobile Pay

Chat With Us

Accounts

Business Checking

Business Savings

Business Certificates

Cards

Business Debit Card

Business Credit Card

Loans

Commercial Loans

Term Loans

PPP Loans

Line of Credit

Services

Business Bill Pay

Tools

Online Business Banking

Login to Business Banking

Login to PIB MLO

Business Banking App

Join Day Air

Why Choose Day Air

Membership Eligibility

Annual Member Savings

Compare Rates

Join Day Air

Community

Community Involvement

Financial Education

Dayton VA Medical Center

Dayton Dragons

Contests & Sweepstakes

About

Press & News

Newsletters & Reports

Videos

Careers

Helpful Resources