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2025 BV Bankwise Articles

November

BV Bank Monthly: Holiday Budgeting Made Easy – November Tips for Smart Spending

As we enter the holiday season, it’s easy for spending to get out of control. Between gift-giving, travel, entertaining, and end-of-year sales, November can take a toll on your budget and your peace of mind.

At BV Bank, we believe financial wellness doesn’t have to take a back seat to the holiday spirit. With a little planning and the right tools, you can enjoy the season without overspending or adding to your debt.

Here are five timely tips to help you spend wisely and save where it counts this November:

1. Create a Holiday Spending Plan

Start with a list of who you want to buy for, what you plan to spend, and any additional seasonal expenses like décor, meals, or travel. Assign a dollar amount to each category and stick to it.

BV Bank Tip: Use our online and mobile banking features to set Notifi spending alerts and monitor your balance.

2. Shop Smart with a Strategy

Take advantage of Black Friday, Small Business Saturday, and Cyber Monday deals but shop with purpose, not pressure. Research prices ahead of time and avoid impulse purchases.

BV Bank Tip: Support your community by shopping at local businesses and using your BV Bank debit card or Digital Wallet to access secure and fast checkout options.

3. Avoid Holiday Debt Traps

It can be tempting to put everything on a credit card and “deal with it later.” But overspending now can lead to financial stress in the new year.

BV Bank Tip: Consider using a BV Bank Christmas Club account for next year.

4. Automate Your Bills & Savings

With so many things happening in November, it’s easy to forget regular payments. 

BV Bank Tip: Avoid late fees and missed savings by setting up automatic transfers and bill pay in your BV Bank account.

5. Give the Gift of Financial Wellness

Looking for meaningful gift ideas? Consider starting a savings account for your child or grandchild, contributing to a loved one’s emergency fund, or giving gift cards with budgeting lessons for teens.

BV Bank Tip:

Open a youth savings account or Zen Card Account account in just a few minutes. www.bvnb.com/personal-banking-services/personal-checking-saving/

Make the Most of the Season – Without the Financial Stress

At BV Bank, we’re here to help you navigate holiday spending with confidence. Whether you need budgeting help, loan options, or just a few smart money tips, our team is ready to support you.

Visit us online or stop by your local BV Bank branch and make this your most financially mindful holiday yet.

Smart Holiday Spending: Protect Your Wallet and Your Identity

The holiday season is right around the corner… family gatherings, and shopping deals. But it’s also a time when budgets can easily get stretched and scammers look for opportunities to take advantage of distracted shoppers. By planning ahead and taking a few precautions, you can enjoy the season without overspending or putting your personal information at risk.

Create a Holiday Budget That Works

It’s easy to get caught up in the spirit of giving, but setting a clear spending plan can save you stress later.

  • Make a list and set limits: Write down who you’re shopping for and assign a spending cap for each person.
  • Track as you go: Use an app, spreadsheet, or even a simple notebook to log purchases and make sure you’re staying on track.
  • Plan for extras: Don’t forget holiday meals, decorations, and travel expenses. Including these in your budget helps avoid surprises.

Tip: Using your BV Bank debit card tied to your checking account can help you stick to your budget and avoid carrying a balance into the new year.

Watch Out for Holiday Scams

Cybercriminals know that people are busy and distracted during the holidays. Common scams include fake shipping notifications, counterfeit gift cards, and fraudulent online stores. Protect yourself by:

  • Verifying websites before making purchases – look for “https” in the web address and read reviews.
  • Being cautious with emails and texts – don’t click links from unknown senders claiming shipping delays or “exclusive” deals.
  • Monitoring your accounts regularly – check your online and mobile banking apps for unusual activity.

Safe Ways to Pay

Consider using tools that add layers of protection when you shop online.

At BV Bank, checking accounts with debit card access makes it easy to track your spending while giving you secure payment options for both in-store and online purchases. Plus, with our mobile banking app, you can set up alerts to spot any suspicious activity quickly. Learn more about Notifi real-time alerts: bvnb.com/notifi-alerts/

Build an Emergency Cushion

While it’s fun to be generous, it’s also wise to set aside money for the unexpected. Even putting a small amount into a savings account each payday can provide peace of mind when life throws a curveball. If you’re looking for a safe way to grow your holiday savings, a BV Bank Christmas Club is a great option.

Final Thoughts

The holidays should be a time to enjoy family, friends, and traditions, not a time to worry about overspending or fraud. By creating a realistic budget, watching out for scams, and choosing secure banking products, you can make this season both joyful and financially smart.

September often feels like a fresh start. Kids are back in school, summer vacations wind down, and many of us are ready to reset our routines. It is also a great time to refocus on your financial goals. At BV Bank, we want to share some simple banking and budgeting strategies to help you finish the year strong.
 

1. Review Your Budget After Summer Spending

Summer fun can sometimes come with extra costs such as travel, camps, or family outings. September is the perfect month to revisit your household budget. Look at your checking and savings accounts, review your debit card transactions, and identify areas where you may have overspent. Adjust your monthly budget categories so you are set up for the fall.
 

2. Start Saving for Holiday Expenses

The holiday season sneaks up quickly. By setting aside a little money each week now, you can avoid credit card stress later. Consider setting up an automatic transfer from your checking account to a dedicated Christmas Club account.
 

3. Check In on Your Long-Term Goals

Are you saving for retirement, a home, or your child’s education? September is a good reminder to check your progress. Review your retirement account contributions, or talk with a banker about opening an IRA or a CD.
 

4. Protect Yourself Online

Back to school season often means more online shopping and digital payments. Be sure your online banking password is strong, update your security questions, and enable two factor authentication. This helps protect your account from fraud.