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Financial adviser says now is a good time to plan finances for the holidays

Financial adviser says now is a good time to plan finances for the holidays / Danielle Apolinar (WGXA)

MACON, Ga. -- October is Financial Planning Month and with the approaching holiday season, it is a good time to start getting a hold of your finances.

Financial adviser Colleen Giffin said the most important thing to remember is that the little things add up.

She also said that planning now will help your future and the first thing to do is plan based on what you have.

"Everyone's life is different, so you have to start by seeing what you have available," she said.

A recent study shows that Georgia is ranked in the top three states with un-banked households, which can make setting aside money hard.

"If you don't have a checking or savings account, one way is to say, 'I'll come home and put the change from my pocket and put it in a jar,'" she said. "You're building that habit of one, saving something everyday, you're also not causing too much stress on your cash flow."

If you do have a checking or savings account, Giffin said you should take advantage of automatic services that can help form a habit.

"Set up an automatic draft, say on the 15th of the month. It will take $25 and put it into your savings account. That automatically makes things happen," she said.

And while planning and saving might be tough, Giffin said it's important to take steps to prepare before the holiday season.


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