The holiday season is one of giving, which often means it is also the season of spending. Navigator Credit Union wants to help you to take the stress out of the season. Branch Supervisor Sharron Dement shares how you can set a spending plan and stick with it.

Decide on a spending limit

Look over your finances and determine how much you can spend on gifts and other holiday-related expenses. When you are considering this amount be sure that you only use money that you have set aside for Christmas or extra money that you can find in your budget.

Assign Money to Each Category

Divide your budget according to the different spending categories you'll have this holiday season. This means assigning a specific amount for each gift, as well as each outing, office Christmas party or another event. Knowing how much you have to spend on each gift will help you narrow down ideas before you shop.

Make a Shopping List

Create a list for your holiday shopping. You should have one or two ideas within your price range for each individual. If you take time to plan ahead for major sales, you may be able to buy something on your list for less money, which is a plus.

If you’re using a credit card to make your purchases, make sure it will benefit you as well. Look for credit cards that offer cash back and holiday special points like the Navigator Platinum Rewards card ( so you’ll get rewarded while you’re spending.

If you’re using a debit card to make your purchases, you can actually earn money while you’re checking items off your Christmas list with Navigator’s Save’N Up Debit Card Savings program ( With Save’N Up added to a free checking account, every purchase you make using your debit card in credit/signature mode will automatically round up to the next dollar and the difference is transferred to your high-interest Save’N Up account. Plus Navigator will match your savings up to $300 each year. You might even use your Save’N Up savings to begin putting away money for next Christmas!

Holiday savings account

Plan for end-of-the year spending sprees with the right savings account. For example, Navigator offers a Christmas Club account to help separate your holiday budget from your routine expenses. You will earn interest on the money you put away and can make withdrawals when it’s time to share the holiday spirit with loved ones.

About Navigator Credit Union

Navigator has been serving the Gulf Coast for 80 years. In 1939, the credit union began offering savings accounts and loans to local shipyard workers who, until then, did not have access to financial services. Today, anyone who lives, works, worships or attends school in Mobile or Baldwin Counties can join. Navigator is a full-service financial institution offering innovative services such Save’N Up Debit card savings program and Credit Builder Loans, as well as interest-bearing checking accounts, high-yield savings plans, unlimited rewards credit cards, mortgage services, competitive vehicle loans, retirement planning and more. Visit ( or call 800-344-3281 for additional information.

All content © 2019, WALA; Mobile, AL. (A Meredith Corporation Station). All Rights Reserved. 

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