Don't worry, I'm not spending a lot of money on Christmas gifts this year....because I, um, don't have much. But had I planned this out in advance I could have started a Christmas Club account with my bank (or manually). By depositing just ten bucks a paycheck at the begining of last year I could have $260 sitting pretty right now to buy gifts for my (slightly) large family and some special friends. Boyfriend had one of these last year and it was a nice end of the year bonus for him.
Since it's too late now and I only have two paychecks left before Christmas (and perhaps...ever) I am just looking for bargains, DIY-ing some gifts, and buying some "it's the thought that counts" items. But next year if (God willing) I still have a job I'm going to set up a Christmas Club account. Has anyone else used them before? It would be good if the bank prevented me from draining it before Christmas but I doubt they do that.