Holiday Budgeting
What is the recommended percentage of your monthly income to spend on holiday gifts?
What is 1.5% to 2%?
What is the term for an increase in sales a business sees during the holiday season?
What is a holiday sales boost?
Which online shopping day often outpaces Black Friday in sales?
What is Cyber Monday?
What is a simple way to reduce holiday spending without sacrificing gift quality?
What is DIY or homemade gifts?
Can you deduct holiday gifts given to clients or customers?
What is yes, up to $25 per gift?
Name two ways to save on holiday travel expenses.
What are booking in advance and using travel reward points?
What is the biggest challenge small businesses face during the holiday season?
What is managing cash flow?
What percentage of holiday shopping is now done online?
What is about 57%?
Name a type of account where you can grow savings with compound interest.
What is a high-yield savings account or certificate of deposit (CD)?
How do charitable donations made during the holiday season affect your taxes?
What is they are tax-deductible if you itemize your deductions?
What financial tool can help you track and control your holiday spending?
What is a budget or budgeting app?
How can businesses improve cash flow during the holiday season?
What is offering early bird discounts or managing inventory efficiently?
What term describes consumers buying products for themselves during holiday sales?
What is "self-gifting"?
What is the best type of account to use for holiday spending to maximize rewards?
What is a cashback or rewards credit card?
Which holiday-related event can qualify as a tax-deductible business expense?
What is a holiday party for employees?
What is a "sinking fund"?
What is setting aside small amounts of money over time for large expenses, like holiday shopping?
What is the most common holiday expense for small businesses?
What are holiday promotions and marketing campaigns?
In recent years, which type of gift has become increasingly popular during the holiday season?
What are experiences (like travel or event tickets)?
Which investment is often marketed as a long-term holiday gift for children?
What are bonds or stock shares?
Is mileage for holiday charitable work tax-deductible?
What is yes, at the IRS-approved rate for charitable purposes?
Which day in November has the highest retail sales?
What is Black Friday?
What financial document should small businesses regularly review to ensure they are staying profitable during the holidays?
What is a profit and loss statement (or income statement)?
What is the busiest online shopping day for shipping carriers like UPS and FedEx?
What is Green Monday (the second Monday in December)?
What’s a common financial mistake people make during the holidays that affects long-term savings?
What is going into credit card debt?
What tax credit helps low-income families afford holiday shopping?
What is the Earned Income Tax Credit (EITC)?