The Three Es: How to Rethink Your Money Post-COVID

1. Choose your battles ahead of time.

You're not going to change everyone's opinion about all of the things over the course of a meal and a football game. You might want to show up ready for a duel of words with your Facebook-meme-king cousin, but that's just going to put your opinionated family member on the offensive from the moment you walk in. Decide ahead of time if there's one issue that you really cannot keep your mouth shut about if it comes up, and have two or three talking points ready that clarify your position on that topic. If your hot button does get pushed, your talking points will help you keep from making things personal.

2. Confer with the host.

If you feel comfortable with the person that's organizing or hosting Thanksgiving, speak to him or her in advance about how you can be on Team Keep the Peace. Most people aren't keen on a political brouhaha breaking out around their dinner table, so they'll probably be relieved to hear that you're on board and willing to help make the day go smoothly for everyone. Brainstorm some ideas about seating arrangements or wholesome activities to fill the idle family time that can lead to trading barbs.

3. Make it a game.

Caitlin Bergstein, a Boston-based matchmaker and relationship expert for Three Day Rule, suggests a fun twist on the swear jar concept. “If your family is up for the challenge, you can even make it a game. Each time someone mentions something political, they have to put a dollar in a jar (or take a drink, depending on how your family celebrates the holiday). At the end of the night, that cash can be put aside for the next family get together!"

4. Have a moment of silence.

Sometimes the idea of a quiet table can be intimidating (all those chewing noises!), but encouraging a moment of reflection among your holiday guests can actually be transformative. Whether you observe several seconds of silence in honor of relatives you've lost, as a way to silently acknowledge your individual blessings, or as an act of prayer or meditation, you've hopefully brought the room back to focus on each other's company and the gift that it is to be together.

5. Be an active listener.

If your one doggedlypersistent aunt can't let go of her obsession with the latest political scandal, reconsider what she's actually trying to tell you. Chances are, it's not just about what she saw on the news. “Assume that your polarizing relative actually probably just wants to connect, feel respected, and reduce their own anxiety about holiday gatherings, and interpret even difficult behavior as such," advises Mary Fisher, a Salt Lake City psychotherapist who specializes in family relationships. “Express the desire to connect while redirecting the conversation," Fisher recommends. Emphasize the fact that you're interested in protecting the time your family spends together. That can help soften the blow when you ask to instead hear them share a family memory or talk about a hobby you both share.

6. Disengage.

Remember that if angry words or offensive language start flying at you across the sweet potato pie, you don't have to respond. Have a script in mind to use, something like, “While I hear where you're coming from, I don't share your opinion, and I'm done talking about it today." Convey the message that you're quite clear on the matter being discussed, and you're not going to take the bait. You may have to repeat yourself several times, or you may choose to remain silent until things cool down around you. Either one is okay.

7. Duck out early.

If you feel like you have to retreat from the situation entirely, do it. One of the best things about being an adult is leaving when you want to leave. You don't have to subject yourself, your spouse, or your family to any kind of dialogue that is insulting, bigoted, or aggressive. Fisher shares these words of advice: “While we might think that the holidays are the time to resolve differences, they are actually the time to affirm and nurture connection, which can be an uphill battle with politically polarizing relatives." If you don't feel like a connection is being nurtured and the environment is not good for you to be in, say goodbye and make a break for it.

How Do I Pay Off Credit Card Debt?

If you're serious about reducing your debt, you'll have to cut back on your nonessential spending by setting a realistic monthly budget for expenses like dining out or entertainment. Come up with a payment strategy that works best for you and your current financial situation. For example, focus on paying off the card with the highest interest rate first while making minimum payments on others. Once the highest-interest debt is cleared, roll that payment into the card with the next highest interest rate. This approach reduces the overall interest you pay and can help you become debt-free faster.

What Is A Debt Snowball?

A debt snowball is a debt repayment method where you focus on paying off your smallest debts first, regardless of interest rate, while making minimum payments on larger debts. The debt snowball method is popular because it builds momentum and motivation, giving you a psychological boost as you see debts disappearing one by one. Once the smallest debt is paid off, you take the amount you were paying on it and apply it to the next smallest debt. This creates a "snowball effect," where your available payment amount grows as each debt is eliminated, helping you pay off larger debts faster over time.

How Do I Get Out Of Debt?

When it comes to getting out of debt, the method that works best for you might be different than what works best for someone else. To get started, list all your debts, including balances, interest rates, and minimum payments. This gives you a clear picture of what you owe. Analyze your income and expenses to see where you can cut back and direct any extra funds toward your debt. Avoid new debt: Shift to a cash or debit-only system to prevent accumulating more debt while paying off what you already owe.

There are a variety of factors, from financial situation to income to dependents, but no matter what your life look like right now, here are some realistic ways to help you conquer your debt.

Create An LBD (Little Budget Library)

A little budget diary is a way to take stock of all your monthly and annual expenses, such as subscriptions, streaming services, and groceries — and write them all down in your LBD, says Brit + Co's Money School instructor Nicole Lapin. "You'll reference this all year — weekly is best — so you'll want to start off on the right foot with an easy-to-reference LBD. Don't make it hard. It's an easy task that will help you get organized quickly," she says.

Be Realistic About Your Expenses

"Do not be aspirational with your numbers," says Skye Kelly. "Pay attention to how you ACTUALLY live and how you ACTUALLY spend and work from there." Track your expenses for a month to create an accurate budget, review your paycheck and follow the 50-20-30 rule. These are the percentages you should spend on essentials, your future, and your lifestyle (non-essentials) with the goal to live within your means and eventually start saving and investing.

Check out Brit + Co's Teach Me Something Newpodcast with finance pro Tonya Rapley for breaking out of the paycheck-to-paycheck cycle.

Set Your Sights On Big Goals

Whether it's that dream bucket-list trip or a buying your first home, think about what your long-term goals are and think big when planning a budget. "When we are committed to a massive financial goal (retiring early and traveling the world with your life partner) suddenly the decision between roses or calla lilies as a wedding bouquet seem meaningless, and we are more inclined to find ways to spend less so we can meet our long-term financial goals," says Skye Kelly. She adds: "Create a budget for the milestone, stay resourceful and use points, seasonal sales, and help or hand-me-downs where you can."

Check out Brit + Co's Teach Me Something New podcast with The Points Guy for credit card tips and travel hacks.

"Spring Clean" Your Finances

Take a moment to organize your expenses. Dedicate a weekend afternoon and delete unused subscriptions, close and consolidate accounts, check in with your savings and retirement plans to make sure they're working for you, reduce auto-renewals, and unload credit card debt byconsolidating them into a single low-interest personal loan. It will feel as good, if not better, than spring cleaning your house, plus think about the money you'll have saved in that afternoon.

Find Your Side Hustle

Beyond just reducing your expenses, look at ways you can increase your income so you can start saving andinvesting to grow your wealth. "Increasing income might look like side jobs, part-time employment, creating an income stream, selling clutter around the home, or creating a product or service that meets the demands of the marketplace," says Skye Kelly. Look at selling clothes on resale sites, having a garage sale come spring, selling books online, starting an Etsy shop if you have a creative interest... anything that will add some extra cash in your pocket each month.

It's OK If It's Not Perfect

"Because budgets are rooted in math, we tend to see everything as right or wrong, which *shudder* brings up a lot of grade-school math class shame for many of us," says Skye Kelly. "If you plan your budget at the beginning of the month and at the end of the month it was only 80% accurate, you are likely killin’ it financially. I’ve asked hundreds of financial experts over the years ‘how many times did you get the budget exactly right?’ and every single answer has been ‘zero times.’"

Avoid Making Money Decisions During Hard Times

Mental wellness plays a big role in how we view our expenses and often we can make decisions in order to make us feel better (retail therapy, anyone?) instead of making healthy long-term financial decisions. "Having a line item in the budget for guilt-free spending is critical if you can afford it," says Skye Kelly. "This guilt-free spending money is there for times you want to splurge even though you might not be able to justify it."

Skye Kelly says it's best to avoid major financial decisions if you can for at least 6 months:

• After a significant death or when you are grieving
• While you or a loved one are experiencing a critical illness or at the onset of a new disability
• After a major breakup or divorce
• When you’ve entered into a new romantic relationship
• If you’ve been diagnosed with or suspect you have a mental illness and are awaiting treatment

"During these times we are highly likely to make emotional or impulsive decisions. Give yourself time to regulate some of the higher intensity emotions that might be driving the urge to spend."

Curious about crypto? Check out Brit + Co's Teach Me Something Newpodcast with finance pro Nicole Lapin for a primer on how to make your first crypto investment.

1. Teensy Candy Bars

These tiny little candy bar bites ($2.99) resemble Snickers in the best way possible: layers of nougat, caramel, and peanuts are enveloped in a delicious chocolate coating for maximum snackage. We're gonna have to resist eating the whole bag! TJ's even suggests using these bits as decoration for other desserts, like sprinkling some on a scoop of ice cream or baking them into some cookies.

2. Olive Tapenade Hummus

Trader Joe's array of dips is simply too good to resist, and this newcomer hummus ($3.49) is no exception! It's a tub of "smooth and nutty" hummus topped with a tapenade comprised of black olives, manzanilla olives, capers, and olive oil to give it a salty effect. It's gonna taste so great as a dip for crackers or as a spread on a Mediterranean pita wrap.

3. Organic Concord Grape Jelly

This squeezable grape jelly ($3.49) is nothing short of nostalgic. Trader Joe's says it's "super smooth, joyously juicy, and potently purple," which immediately has us sold on making PB&Js every day now.

4. Spicy Chicken Nuggets

Oh, yeah. Bring on the spice with these spicy nuggs ($3.99) that make the perfect easy meal no matter the time of day! Made from all-natural chicken breast and rib meat, breaded with wheat, rice and corn flours, then covered in hot sauce and lightly fried, TJ's has their texture down to a tee. You can easily cook 'em in the air fryer, oven, or microwave before chowing down!

5. Crispy Potato & Poblano Pepper Tacos

These halved and fried frozen tacos ($4.99) will totally crush your Taco Bell cravings, since they come together super quickly and contain flavors with mind-blowing authenticity! Each taco is filled with a blend of seasoned mashed potatoes and some "ever-so- slightly spicy" poblano peppers that'll work so well with any dipping sauce, from TJ's salsa to their creamy Jalapeño Sauce.

6. Strawberry Mini Hold The Cone!

Just in time for Valentine's Day, Trader Joe's is debuting a new flavor ($3.99) of their classic Hold The Cone! frozen dessert: strawberry! These tiny, chocolate-covered cones are lined with even more "rich" chocolate on the inside, then packed with strawberry ice cream, which TJ's says is crafted with plenty of strawberry purée.

7. Caesar Salad Dip

Trader Joe's shoppers have said this new Caesar Salad Dip ($3.69) makes a perfect girl dinner addition– which, if you get it, you get it! The tub starts with a "creamy" base that's then loaded up with Caesar-seasoned sour cream, mayo, anchovy paste, Parmesan, and finely shredded Romaine for the crunch. It's best enjoyed with crackers or veggie sticks to dip, but you could also smatter fried chicken or seared steak in it for some ahh-mazing flavor!