ST. CLAIR SHORES, MI, November 5th, 2024 – As the holidays approach, First State Bank recognizes that with the joy and cheer of the season can come financial stress. The best way to avoid any money-related holiday blues is to set a solid budget and commit to it, paving the way for financial success in the new year.

While budgeting may seem daunting, First State Bank is here to help simplify and streamline the process, allowing you to focus on the joys of the season.

The ideal time to start planning your holiday budget is early—before you begin shopping. Begin by outlining your financial priorities for the season. Start with non-negotiables, then consider extras that you’d be willing to cut out if necessary. Reviewing last year’s holiday spending can also be helpful; make note of any unexpected expenses and consider how you might plan for or avoid them this year.

Organizing anticipated holiday expenses into categories can make tracking them easier and help prevent overspending. Categories may vary based on your holiday traditions, but typical examples might include gifts, travel, decor, and hosting.

For many, gifts make up the bulk of holiday spending. Experts suggest making a list of people you plan to buy gifts for and noting gift ideas for each, which can help control total spending. This list provides an overview of estimated costs per person, allowing for adjustments as needed. Entering stores or shopping online without a plan makes it easier to overspend.

Before making any large holiday purchases, it’s highly recommended to shop around for the best prices. Look out for early Black Friday deals or free shipping offers, and consider redeeming any travel or reward points that may be expiring at the end of the year. Allowing time for comparison shopping can also reduce impulse buys, which often lead to budget strain.

“The holidays should be a time of joy, not financial worry,” says Amy Persyn, Chief Marketing Officer of First State Bank. “At First State Bank, we pride ourselves on providing personalized service and expert guidance to help you feel confident with your finances.”

From savings and checking accounts to investments, home loans, and more, First State Bank is here to support your financial journey this holiday season and into the new year. Contact us today to get started.

First State Bank is headquartered in St. Clair Shores, Michigan. With over 100 years of service

and $1.2 billion in assets, First State Bank serves Macomb County and Oakland Counties

with 11 branch offices located in Chesterfield Township, Clinton Township, Eastpointe, Macomb

Township, Richmond, Rochester, St. Clair Shores, Sterling Heights, Washington Township, and

a Loan Center in Clinton Township. For more information, please visit www.fsb.bank or call 866-

372-1275.

For Immediate Release

Company / Media Contacts:

Amy Persyn, Chief Marketing Officer, Senior Vice President

apersyn@fsb.bank

www.fsb.bank