With Christmas coming up it is no surprise that we are looking for ways to give without breaking the bank. See 5 Frugal Tips to Save On Your Christmas Shopping
5 Frugal Tips to Save On Your Christmas Shopping
It is never too early to think about Christmas shopping. Maybe you are on top of it and have been buying gifts all year long (good for you!) However, most of us are not quite that organized. It doesn’t matter if your list is long or short- we are all looking for the best ways to save money on our holiday gifts. Here are 5 Frugal Tips To Save On YourChristmas shopping.
You really need to make a budget and stick to it. Having a plan of attack will really help save you money. Make a list of people you want to give gifts to and pencil in a rough estimate of how much you want to spend. Be realistic in your budget as to how much money your really have to spend. If you have an overall budget planned, you can make a point of saving a portion of that total every month. Divide the total into how many months you have to save, and put that amount away monthly. When you are ready to shop, only spend the amount you have saved up.
Go over your gift list and see if you can pare it down. Do you really need to give everyone a gift? Think hard about who you want to give to this year. It is really okay to not give anything to every person you know. Some larger families draw names which is a great idea. Maybe you can give a group gift to a family, like movie tickets or a dinner out. For friends and relatives out of town, a handwritten note in a Christmas card would surely be appreciated. For even more frugality send a postcard (postage costs much less!)
Gift cards are always a great idea, but did you know that you can actually buy them at a discount? Sites such as raise.com, cardpool.com or cardcash.com offer gift cards from 2 % to more than 15% off the value of the card. Check these websites before you buy any gift cards for your family and friends.
Use Credit Wisely
If you don’t have to use credit, that is great, but if you do use a credit card be smart about it. Have only one card and make sure you are getting cash back or airline miles. Credit used wisely can give you some benefits, but make sure not to overspend and pay off the card before interest starts accruing.
If you happen to be a great cook or really adept at crafting, by all means give homemade gifts. Gifts that you make yourself show how much you care. You are giving your time and talent to those you care about. Pinterest has great ideas if you need inspiration. Maybe find an old family recipe that nobody makes anymore and give that away for a special treat.
Enjoy your Christmas shopping experience, but don’t let it break your finances. Plan ahead and shop smart, then sit back and enjoy the holidays with your loved ones.