Even though the Christmas carols aren’t on the radio yet, the holidays are sneaking up on us. Try these tips for saving during the holidays.
Creating A Budget
You can’t control what you aren’t tracking. Creating a budget can be a great way to know exactly how much you are spending
Whether you plan to hash it out with pen & paper or go digital with a spreadsheet, listing out all the people you are buying for and how much you feel comfortable spending on each will help you spend a reasonable number.
Use A Shopping List
Going out with nothing but a mental list can be the worst thing for your budget. You may know what you think you plan on buying until you see something else while you’re there.
Make a list and stick to it. It will be much easier, in the long run, to stay the course and not go over budget.
Paying In Cash
Try the envelope rule, only put in what you are spending for the holidays or what you are comfortable spending for each person in your life.
Once you run out of money in the envelope, the shopping for that person or the season is done.
Give yourself enough time
Nothing hurts your wallet more than overnight shipping. Make sure you plan ahead and avoid the charges that come with delaying your purchase.
Start asking early or coming up with ideas of what people would want and don’t hesitate if you see something that they would like.
Say no to the trends
They may be trendy, but they will go out of style before the snow melts. For your kids that still believe in Santa, make sure they write a list so you can find out what they really want, and not what they are thinking about at the moment.
Remember the reason for the season
Remember what the holidays are all about. The best gift you can give your family is spending time with them, instead of in the malls.