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Money might be tight this holiday with many working less hours or losing their jobs due to the pandemic, but it's not too late to budget and feel good about the season.November through December is a time when more cash is flowing and cards are swiping at stores.“The average that people spend across the country is about ,000 per holiday season,” said Ryan Freitag, a financial adviser with Edward Jones.Freitag said budgeting is key to preparing for the expected, such as gift buying around the holidays, and unexpected, like financial losses during a pandemic.He said people should simplify expenses and look at spending on a monthly basis to understand how much is needed for necessities, savings and the extras.The same rule of thumb applies to holiday spending. Freitag said people should plan how much can be allotted for gifts and set spending limits before hitting the holiday deals.“Whether it's 0 or ,000, take that money out of a checking or a savings account and even use a prepaid debit card," Freitag said. "That will allow them to keep their spending in check.”Experts typically recommend putting 10% of monthly income toward "fun spending." That number might change during the holidays.To manage the increase, Freitag recommends starting a holiday club savings account as soon as January to start budgeting for this time of year early. He said even putting in a month can be beneficial.“That way by the time holiday season comes you have a block of money that you’ve already designated toward your goal," Freitag said. "I feel like that takes the emotion, and overwhelming part of holiday spending out of it and the money is available.”Caitlin Carmody, an outpatient psycotherapist with Spectrum Behavioral Health LLC, said they see more people struggle with anxiety and depression around this time of year. She said some might feel an extra emotional burden from not being able to buy as many gifts for loved ones.But there are other options for showing loved ones they care.“There’s so many different ways we can show people love and affection. It doesn’t have to cost money," Carmody said.Instead of buying presents, Carmody suggested making gifts with family. She said the act of creating can help combat anxiety and depression, and even build self esteem in kids.Carmody said quality time is important. The gift of time can be just as meaningful, even if it's done virtually.“You’re growing new memories. You’re making new traditions," Carmody said. "So if we can re-frame it as not something that we’re losing, but maybe as a time of growth, or an opportunity to make new traditions and new memories.”For some, it's the gifts that can't be bought that mean the most.“We don’t need to put a dollar figure to a phone call," Freitag said. "There are a lot of people right now that are alone and isolated. I truly see that as more important than the money that somebody spends right now.”If people are feeling anxious or depressed, Carmody suggests practicing mindfulness, breathing exercises and keeping a routine. She said it's also important to stay present in the moment and not worry about things that are out of one's control.For those struggling with mental health, Carmody said they should reach out to a mental health professional for help.This story was originally published by Kelsey Dickeson at WGBA. 3349
More than 136,000 people were diagnosed with COVID-19 in the U.S. on Tuesday according to a Johns Hopkins database, marking the fourth time this month that the country has broken the record for confirmed COVID-19 cases in a single day.Tuesday also marked the deadliest day of the pandemic in several months. More than 1,400 Americans died of the virus on Tuesday, the most recorded in a single day since 1,500 Americans died of the virus on Aug. 12.Tuesday's tally shattered the previous record of 128,000, which was set on Saturday. The mark continues a disturbing and troubling trend as health officials suspect spread will only increase as social gatherings move indoors during winter months.About a million Americans have contracted COVID-19 in the first 10 days of November.While the exploding spread rate is concerning on its own, several states across the country report that they are nearing full hospital capacity as severe cases of the virus increase.North Dakota Gov. Doug Burgum said earlier this week that hospitals have already reached operating capacity and fears that facilities could be pushed past their capabilities in the coming months.In Iowa, the state's largest city is also nearing hospital capacity as available beds dwindle.More than 10.2 million Americans have contracted virus, and 239,000 have died since the virus reached the U.S. in February. Both figures lead all other countries around the world. 1437
MONROE COUNTY, Penn. -- Punxsutawney Phil is a wanted mammal, and Pennsylvania law enforcement officials allege his crime is "deception."On Groundhog Day, Phil saw his shadow, declaring to the world there’d be six more weeks of winter.The Monroe County Sheriff’s Office issue is simple, according to the wanted poster posted on Facebook: It's been more than six weeks since his prediction, and snow's still falling.Phil said winter would be over by March 16, but by the second day of spring, the county was in the middle of “yet another snowstorm.”For those on the lookout, Phil is a 22-inch-long male, weighing around 20 pounds with brown hair and brown eyes. Phil was born on May 10, 2010.No word on whether he has any scars, marks or tattoos. 764
My family is grateful for all of the prayers & support! I am feeling good & will continue to rest at home. Thank you to medical staff & caretakers everywhere, & my continued prayers for those who are ill or have a family member impacted by the virus.— Melania Trump (@FLOTUS) October 5, 2020 315
MOSCOW — The Kremlin says Russian President Vladimir Putin won’t congratulate President-elect Joe Biden until legal challenges to the U.S. election are resolved and the result is official.Putin is one of a handful of world leaders who have not commented on Biden’s victory, which was called by major news organizations on Saturday.However, President Donald Trump’s team has promised legal action in the coming days and refused to concede his loss. He has alleged large-scale voter fraud, so far without proof.When Trump won in 2016, Putin was prompt in offering congratulations, but his spokesman Dmitry Peskov told reporters Monday that this year’s election is different.The leaders of China, Mexico, Brazil and Turkey also are holdouts in offering congratulations.China says it has taken note of Biden's declaration of victory in the election but is holding off on sending any message of congratulations.A foreign ministry spokesperson says the result of the election would be determined under U.S. laws and procedures and that China would follow international practices in extending its sentiments.China has had a fractious relationship with Trump, characterized by growing friction over trade, technology and competition for influence in Asia and the world.Analysts say Biden will likely return ties to a less contentious state, although Beijing has stuck throughout the election to a position of not commenting directly on what it says is an internal American political issue. 1489