Finance Calendar for December

1-31 Universal Human Rights Month. The month of December is designated as Human Rights Month – a time to acknowledge the importance of human rights throughout the world. Celebrate your freedoms in this country, including the freedom to build and keep your assets as your own.
1 If you’re retired, the deadline for withdrawing the minimum annual mandatory payments from your retirement funds is the 31st of this month. Review now what you’ve already withdrawn to ensure you’ve taken what’s required.
5 Now’s the time to donate dollars to your favorite charities. Doing so will win you a big tax deduction for the year.
7 National Pearl Harbor Remembrance Day. Take time to acknowledge soldiers who fought during World War II by donating to your local veterans’ groups or charities.
10 Watch your last-minute holiday buying. This is the time of year that you might start to overspend. Rather than continue to buy more gifts, make the decision to decrease or stop the holiday debts.
17 Wright Brothers Day. Do you remember Orville and Wilbur Wright? They made their first flight on this day many years ago. Acknowledge their ingenuity by purchasing a savings bond for each of your children today.
19 Buy a new computer. Score huge savings on a new computer – up to 50% off at many retailers during this month. So, if it’s time to replace yours, check out prices as the holidays approach to find your best deal.
21 Hanukkah. Begins an 8 day celebration that commemorates the rededication of the Second Temple in Jerusalem. Even though you’ll be gathering with family and friends, you can stay in your budget with planning and discipline.
25 Christmas Day. Enjoy the exchange of gifts during this time. Starting tomorrow, vow to set aside at least $10 per week all year to avoid holiday budget stresses next Christmas.
31 New Years’ Eve. Take some time today to make your New Years’ resolutions. Plan a budget for next year. Set a target amount to have in the bank by this time next year.

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