Why Can't I Just Use a Christmas Club?

It's a valid question, really. You know, a Christmas club. Where you put a little bit of money aside each month, and then use it to buy Christmas gifts for your loved ones. Sounds like a dream, right?

But alas, it's not that simple. You see, the government has deemed it "unwise" to use a Christmas club, and has instead opted for the more "tax-efficient" option: a 401(k). But let's be real, who needs a 401(k) when you can have a Christmas club?

So, here's what you do: just tell your significant other that the government is being "unwise" and that you're just "hedging" your bets. They'll never know the difference. And who needs a holiday when you can just use that money to buy more socks?

Learn more about the perils of a 401(k) See how to buy more socks as a holiday plan