The Smart Holiday Spending Guide

Everything you need to know about holiday planning, shopping and budgeting in 2021

monifi bank logo


Save For Your Future


Complete Gift Guide
Rules You Should Know
Gift Exchanges and Activities
Avoid These Questions


Save For Your Future


How To Not Overspend on Yourself This Holiday Season

While shopping for gifts for others, it's easy to get distracted and start buying things for yourself. And although treating yourself here and there is OK, it can become a problem when gifts for yourself start blowing your holiday budget. Learn More: 15 Times You Should Splurge, Settle or Skip When Shopping Read: Wrapping Paper, Greeting Cards and More Holiday Items to Only Buy at Dollar Stores Here's how to avoid overspending on yourself this holiday season. Set a Budget for Self-Gifts Instead of making impulse purchases for yourself as you shop, plan ahead for any self-gifts. Find Out: Shopping Mistakes You're…

4 Budget-Friendly Digital Gifts That Don't Need To Ship

Shopping doesn't have to include shipping — and that's a blessing in 2021. Inflation has been pushing up the cost of just about everything for most of the year, and much of it has to do with the soaring cost of getting things from here to there. Thanks to clogged ports, a labor shortage, surging fuel prices and a global supply chain crisis, shipping packages costs a whole lot more now than it did this time last year — and the high-pressure holiday season isn't even here yet. Good To Know: The Ultimate Holiday Etiquette Gift Guide Check Out: Your Complete Guide…

25 Senior Discounts To Help Stretch the Holiday Budget

The holidays can be a notoriously expensive time between traveling to see family, buying gifts for loved ones and prepping holiday meals. Fortunately, several retailers, grocery chains, airlines and other businesses offer discounts specifically for seniors that can help make the holidays a little bit more affordable. We've Got You Covered: GOBankingRates' Smart Holiday Spending GuidePrepare: Shipping, Wrapping & More Extras To Account for in Your Holiday Budget Take advantage of these senior discounts to stretch your holiday budget.


At What Age Can I Give My Kids Money Instead of Presents?

Apple Store Century City

Apple’s Holiday Hours

Costco Wholesale Location. Costco Wholesale is a Multi-Billion Dollar Global Retailer stock photo

The 14 Best Holiday Deals From Costco’s December Coupon Book

The Best Holiday Shopping Strategies for Your Wallet

Save For Your Future


How To Not Overspend on Your Kids This Holiday Season

It's easy to get carried away when buying gifts for your kids. After all, you want to give them a memorable and joyful holiday. However, you don't need to buy every gift on their wishlist to be a good parent — and you especially shouldn't do this if it will cause you to take on any debt. Learn More: 15 Times You Should Splurge, Settle or Skip When Shopping Read: Wrapping Paper, Greeting Cards and More Holiday Items to Only Buy at Dollar Stores Here's how to avoid overspending on your kids during the holidays. Create a Budget "It may seem like…

Why Do We Spend So Much Each Year on Holiday Shopping?

At the end of October, the tiny Tri-Cities Airport in Blountville, Tennessee, announced it was adding new routes in preparation for what it hopes will be a busy 2021 holiday season. Tips: From Airfare to Gifts to Your Tree, How To Save on Every Aspect of Holiday Spending Save More: Wrapping Paper, Greeting Cards and More Holiday Items to Only Buy at Dollar Stores But cautious optimism about holiday spending is not exclusive to aviation employees in towns of 3,000 people. The CEO of Macy's in New York City is feeling exactly the same way, as are small-business owners, giant…

5 Small-Business Owners on the Importance of Shopping Small This Holiday Season

There are plenty of benefits to shopping with a small business over a big-box chain. They often provide more unique products, higher quality and better customer service. But you might not realize that shopping small isn't just good for your own bottom line.  Check Out: Where to Splurge and Where to Save on Holiday Spending Shopping Tips: Wrapping Paper, Greeting Cards and More Holiday Items to Only Buy at Dollar Stores Small businesses are often referred to as the "lifeblood of the U.S. economy." And as the holidays approach, you have the power to ensure they remain so. Below, five small-business owners…

View Looking Out From Inside Of Refrigerator As Woman Unpacks Online Home Food Delivery.

SNAP Benefits 2022: Payments Online May Be Easier

Modern senior couple in casual clothing stock photo

Social Security Taxes: What To Expect and How To Reduce Your Bill

African Family Couple In Shop Buying Groceries Wearing Face Mask Choosing Food Goods Walking With Shopping Cart In Supermarket Store.

Why Doesn’t Every Grocery Store Accept SNAP EBT Food Stamps?

Mother and her son opening parcel with meal kit in their kitchen.

SNAP Benefits: Are There Home Delivery Services That Accept EBT Cards?

What Is Cardano (ADA) and Is It Worth Investing In?

One Young World Summit, Manchester, UK - 05 Sep 2022

How Rich Is Meghan Markle?

Mandatory Credit: Photo by Seth Wenig/AP/Shutterstock (13036292f)Prince Harry arrives at United Nations headquarters, .

How Much is Prince Harry Worth?

Woman selling her bag online stock photo

Selling Your Old Handbags? Check Out These Quick Tips Before You Begin

Mandatory Credit: Photo by ERIK S LESSER/EPA-EFE/Shutterstock (13372656h)Republican US Senate candidate Herschel Walker participates in the start of his 'Unite Georgia Bus Tour' at the Lakepoint Sports Park in Emerson, Georgia, USA, 07 September 2022.

How Much is Former NFL Player Herschel Walker Worth As He Runs For US Senate?

GO in the Know 5

GO in the Know: Stimulus Payments, Medicare Open Enrollment Savings & Top Financial News for Sept. 23

Oil industry crisis concept. Drop in oil prices. Oil stock crisis. Oil price falling down graph stock photo

Oil Sinks Below $80 as Global Interest Rate Hikes, Recession Fears Threaten Demand

Stackshouse created by Farnoosh Torabi

The Best Money Experts for Each Generation

Happy doctor talking to senior male patient while being in a home visit.

Senior Benefits: How to Save Thousands During Medicare Open Enrollment

Stack of 100 dollar bills with illustrative coronavirus stimulus payment check to show the virus stimulus payment to Americans.

Stimulus Payments Coming to These States in September 2022

E-commerce and ordering groceries online stock photo

Which Grocery Stores Accept SNAP EBT for Online Orders?

Young woman working on a project on the floor of her future office.

Get COVID Penalty Relief By Filing Your 2019 and 2020 Tax Returns No Later Than Sept. 30

SNAP and EBT Accepted here sign. SNAP and Food Stamps provide nutrition benefits to supplement the budgets of disadvantaged families. stock photo

What is SNAP & Is It The Same as Food Stamps?

Happy family with child and shopping cart buying food at grocery store or supermarket stock photo

Food Stamps Schedule: Texas Lone Star Card SNAP Benefits for October 2022

Purchasing Goods with Smartphone at Grocery Store stock photo

Food Stamps Schedule: When October 2022 CalFresh SNAP Benefits Disburse in California

senior high school teacher teaching group of students in classroom.

Social Security: Why Police and Teachers Get Reduced Benefits and How That May Change

Fidelity Investments

7 Best Fidelity Mutual Funds

Senior couple paying their bills.

Social Security COLA Increases Could Cost Seniors Money — Here’s How

Everything has a plan stock photo

10 Top Stocks To Buy for 2022

Bangkok, Thailand - Dec 13, 2017: Physical Bitcoin pile on table.

Bitcoin Price Prediction September 2022

Modern senior couple in casual clothing stock photo

What Is the Average Social Security Benefit at Age 62?

Peru - Circa May 2018: A Sign at a Retailer - We Accept SNAP IV.

SNAP Benefits: How Long Do They Last?

60-64 years, 65-69 years, active seniors, affection, arm around, barefoot, bonding, calm, cape town, carefree, caucasian, color image, day, deck, enjoyment, freedom, full length, getting away from it all, hat, heterosexual couple, horizon, horizontal, hugging, leisure, looking at view, love, luxury, man, nature, ocean, outdoors, people, photography, playing, poolside, rear view, relaxation, retirement, romance, scenic view, senior adult, senior couple, senior men, senior women, south africa, standing, summer, sunny, swimming pool, togetherness, tranquility, travel, two people, vacations, waterfront, wealth, weekend activities, woman, wood, wooden

2.5 Million Americans Became Millionaires Last Year

Mandatory Credit: Photo by Andrew Harnik/AP/Shutterstock (13405840s)President Joe Biden speaks about the DISCLOSE Act in the Roosevelt Room of the White House in WashingtonBiden, Washington, United States - 20 Sep 2022.

Expecting Student Loan Forgiveness? 3 Ways To Plan Ahead Before Applying

Benjamin Franklin On A One Hundred Dollar Bill With American Flag And Gold Bar.

Latest Fed Rate Hike Could Add $2.1 Trillion To Federal Deficit

Packed roast chicken place on the shelf waiting to sale in the market deli section.

SNAP Benefits: Can You Use EBT Card/Food Stamps To Purchase Hot Food?

Moscow, Russia: Yellow taxi with Uber logo on the street. Yellow taxi cab with checker pattern. Uber taxi cab. stock photo

Uber & Lyft Drivers Are Making $6.20 an Hour Under New California Law

GO in the Know 4

GO in the Know: Fed Raises Interest Rates, Dollar General & Top Financial News for Sept. 22

Mandatory Credit: Photo by Shutterstock (11829984j)United States Senator Rand Paul (Republican of Kentucky) listens during a U.

How Much Is Rand Paul Worth?

Back view of college students raising their arms on a class at lecture hall.

How Do I Find Out If My Student Loans Will Be Forgiven?

Female teacher talking to a student in classroom.

12 Public Service Jobs That Qualify for Student Loan Forgiveness

Mandatory Credit: Photo by Xinhua/Shutterstock (13410454e)U.

Powell Predicts Housing Market Correction As Existing Home Sales Decline For Seventh Straight Month

Macro closeup of iced tea or soda with ice cubes and straw in glass.

SNAP Benefits: Can You Use Your EBT Card/Food Stamps to Purchase Soda?

Frustrated couple checking bills at home using laptop.

Everything You Need To Know About How the Fed Rate Will Impact Your Personal Finances

Browsing for Deals stock photo

SNAP Benefits: Can You Use EBT Card/Food Stamps To Purchase Energy Drinks?

Young woman buying groceries in supermarket stock photo

Does Dollar General Have Better Deals Than Dollar Tree?

Happy aged woman watching photos on tablet and smiling, spending free time.

Social Security Schedule: When October 2022 Benefits Will Be Sent

Portrait of woman buying fresh cauliflower in grocery shop stock photo

Food Stamps Schedule: When Can I Anticipate October 2022 SNAP Payments?

Arrows Surround The Face Of Benjamin Franklin On One Hundred Dollar B stock photo

Why Does the Fed Keep Raising Rates?

Shot of two young women dancing in a nightclub.

Are We in a Recession? Look for These 7 Freaky Signs

Depressed frustrated trader tired of overwork or stressed by bankruptcy stock photo

What Is a Reverse Stock Split?

Woman paying her utility bills online stock photo

This Trick Will Get You a Bigger Tax Refund — But Should You Use It?

Beautiful couple dining in luxury hotel restaurant stock photo

Do You Really Get What You Pay for at Luxury Hotels?

Mandatory Credit: Photo by Xinhua/Shutterstock (13051517a)U.

Fed Raises Interest Rates Again – Here’s What That Means for Most Americans

Cheerful little daughter helping the mother to carry groceries from the market stock photo

What Is the Highest Income for Food Stamps in 2022?

Mature couple exploring Belgrade in Serbia.

Social Security: Can I Still Collect Benefits If I Retire Abroad?

Digital currency physical metal dogecoin coin.

Dogecoin (DOGE) Price Prediction 2022

Social Security cards and assorted cash.

5 Things Most Americans Don’t Know About Social Security

Cheerful young couple sitting on a boat.

9 Dead Giveaways That Someone Is Secretly Rich

Children's Museum , New Orleans, USA - 27 Aug 2019

Food Stamps: Get Discounts on Museums, Internet and Amazon Prime With Louisiana Purchase SNAP EBT Card

London, UK - 9th March 2014: The front of Buckingham Palce in the morning at sunrise with nobody around.

Royal Family: Which Palaces, Castles & Estates Are the Most Expensive?

Man using a smart phone to monitor his cryptocurrency and stock trading stock photo

Shiba Inu Coin Price Prediction September 2022

Mandatory Credit: Photo by Charlie Riedel/AP/Shutterstock (13134778n)Republican U.

How Much is Eric Schmitt Worth?

Woman holding smartphone standing in store taking milk stock photo

Food Stamps Schedule: When Can I Anticipate September 2022 SNAP Payments?

Kensington Palace and Sunken Gardes, London, 2022.

Royal Gardens: Which Estates Have The Most Expensive Grounds to Maintain?

Indianapolis - Circa March 2019: SNAP and EBT Accepted here sign V.

SNAP FAQ: What Is Tennessee EBT and How Can Residents Apply for Benefits?

Shot of a man shopping for groceries with his son in a supermarket stock photo

SNAP FAQ: What Is New York EBT and How Can You Apply for Benefits?

Financial advisor explaining paperwork to elderly retired couple front of desk.

Social Security Benefits: What Will (and Won’t) Get Taxed From Your Monthly Check

Father And Son Coming Home From Shopping Trip Using Plastic Free Bags Unpacking Groceries In Kitchen stock photo

Will Food Stamps Increase Because of Inflation?

Shot of a young businesswoman frowning while using a laptop in a modern office stock photo

Can I Qualify for Student Loan Forgiveness If My Loans Are in Default?

Calculator House, power consumption chart stock illustration

Why Mortgages Will Become More Costly After Today’s Fed Rate Hike

Mandatory Credit: Photo by Manuel Balce Ceneta/AP/Shutterstock (13051511e)Federal Reserve Chairman Jerome Powell listens during a news conference at the Federal Reserve Board building in WashingtonFederal Reserve Powell, Washington, United States - 27 Jul 2022.

Fed Won’t Drop Interest Rates Until 2024, Says Goldman Sachs

Muncie - Circa January 2018: A Sign at a Retailer - We Accept SNAP.

Do SNAP EBT Cards Expire?

Mother and daughter buying groceries at store stock photo

Does BJ’s Wholesale Club Accept SNAP Payments for Groceries Using EBT Food Stamps?

Happy old middle aged couple holding reading good news in document, smiling senior mature family excited by mail letter, checking paying domestic bills online on laptop, discussing budget planning.

IRS Could Change Your Tax Bracket To Fight Inflation

Mandatory Credit: Photo by Ron Sachs/POOL/EPA-EFE/Shutterstock (13406017c)US President Joe Biden makes remarks on the DISCLOSE Act, which would require organizations spending money in elections, including super PACs and 501(c)(4) dark money groups, to promptly disclose donors who have given 10,000 US dollars or more during an election cycle, in the Roosevelt Room of the White House in Washington, DC, USA, 20 September 2022.

How Student Loan Forgiveness Could Impact the Military & Longstanding GI Bill

California Governor Gavin Newsom signs aggresive climate measures., Vallejo, USA - 16 Sep 2022

Stimulus Updates: Mark These 11 Dates on Your Calendar Now

Serious African American couple discussing paper documents, sitting together on couch at home, man and woman checking bills, bank account balance, terms of contract, mortgage, loan agreement.

Inflation Impact: Gen Z and Millennials Are Closing Investment Accounts To Tackle High Prices — But Is It the Right Move?

San Jose, USA - October 15, 2015: PayPal headquarters located at 2221 N.

How To Buy Bitcoin on PayPal

Senior male warehouse worker pulling a pallet truck with boxes.

Why Retirees Are Returning To Work — It’s Not for the Paycheck

Young creative woman working on computer stock photo

Afraid of Being Fired? Consider Working a ‘Forever Job’ with the Federal Government

Mandatory Credit: Photo by Hannah Schoenbaum/AP/Shutterstock (13350722f)Democratic U.

How Much is Cheri Beasley Worth?

A multi-aged and multi-ethnic group of adults using elastic bands to help their strength training workout in a fitness class at a community complex.

Medicare Might Pay for Your SilverSneakers Membership — Here’s How To Check Your Gym Eligibility

Little boy looking toys on the high shelf in the shop.

Hottest Budget-Savvy Toys for This Holiday Season — Kids Gifts for Under $20

GO in the Know

GO in the Know: Gas Prices Could Go Up Soon, HSA Tips & Top Financial News for Sept. 20

Conceptual photo showing inflation and economic impact at the gas pump with hundred dollar bills inside the tank.

Gas Prices Could Go Up Again Soon, Says AAA

Mother and Daughter Shopping in Supermarket stock photo

Food Stamps: States Extending Emergency Allotment Money Through September 2022

Mandatory Credit: Photo by Akili-Casundria Ramsess/AP/Shutterstock (12950382i)Raphael Warnock speaks at the Gwinnett County Democratic Party fundraiser on in Norcross, GaUS Election 2022 Georgia, Norcross, United States - 21 May 2022.

How Much Is Raphael Warnock Worth?

For the love of money stock photo

Stimulus Payments Are Coming to These East Coast States in September

Mandatory Credit: Photo by Andrew Harnik/AP/Shutterstock (13388744g)President Joe Biden speaks to reporters after voting in the Delaware primary election at Tatnall School in Wilmington, DelBiden, Wilmington, United States - 13 Sep 2022.

Student Loan Forgiveness: Mark These 4 Dates On Your Calendar Now

HSA, health savings account symbol.

Could Having an HSA Save You Six Figures on Lifetime Taxes?

Shot of a mature couple using a digital tablet while going through paperwork at home.

What Is A Retirement Decumulation Strategy & Why You Need to Develop One

An envelope full of cash with the word "Groceries" printed on it, with other envelopes in the background.

Gen Z Still Uses Cash Stuffing To Manage Finances, According to New Study

Large group of happy college students celebrating their graduation day outdoors while throwing their caps up in the air.

Will Student Loan Forgiveness Include Parent Plus Loans?

Museum of Science and Industry in Chicago, IL.

Food Stamps: Learn and Play with these Illinois Link Card Discounts

Shot of a couple looking at something on a laptop while sitting with their baby.

New York City Offers Free Internet and Cable to 300,000 Public Housing Residents

student loan advisement

Student Loan Forgiveness: 5 Ways Biden’s Student Loan Forgiveness Plan May Affect You

Sports People Squatting With Kettlebells On Gym Training.

These Cities Are the Most Expensive for a Gym Membership — What Can You Do to Cut Costs?

The Sanctuary Cap Cana's Castle Island Suite is a 5,500-square-foot, two-level space on a private island.

Marriott Now Offers Its First All-Inclusive Luxury Resort — Here’s Its Destination

Mandatory Credit: Photo by Mariam Zuhaib/AP/Shutterstock (13062195d)Sen.

How Much is Sen. Mark Kelly Worth?

West Linn, OR, USA - Mar 11, 2022: The gas price sign at a Chevron gas station in West Linn, Oregon.

Best Energy Stocks for 2022

GO in the Know couple news

GO in the Know: How To Claim Missing Stimulus Money & Top Financial News for Sept. 19

House object and wooden blocks with question mark stock photo

What Is a Mortgage Rate Buydown?

Jan 9, 2020 Mountain View / CA/ USA - People shopping at a Walmart store in south San Francisco bay area.

Walmart’s Virtual Fitting Room Lets You ‘Be Your Own Model’ To Save Time and Money

background, no people.

Missing Stimulus Check? You Still Have Time To Claim a Missing Payment

Group of happy friends cheering with tropical cocktails at boat party - Young people having fun in caribbean sea tour - Youth and summer vacation concept - Focus on close-up hands glass stock photo

Jimmy Buffett’s Margaritaville Cruise Line Offers Free 3-Day Trip to Active Military & Veterans

Untitled design (1)
Close popup The GBR Closer icon

Sending you timely financial stories that you can bank on.

Sign up for our daily newsletter for the latest financial news and trending topics.

Please enter an email.
Please enter a valid email address.
There was an unknown error. Please try again later.

For our full Privacy Policy, click here.