A 2010 survey by the American Research Group found that Americans planned to spend an average of $658 on holiday gifts alone. Add in additional entertaining costs, travel expenses, and holiday attire, and you're looking at about $1,000 in extra expenditures in your not-so-distant future. Start setting aside any extra cash you can find -- ideally, $250 a month -- pronto, and save yourself the stress of receiving a whopping credit-card bill in January.
For help with today's challenge, read 12 more ways to manage financial stress.
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