5 Smart Ways to Save During the Holidays
Need to cut costs this Christmas? Here are five smart ways to save on the holidays, reduce stress and stay within your budget!
Wouldn't it be nice to go into the New Year with a surplus rather than in debt? Make this your year to stay in the black. Here's how!
1. Plan and Budget
Planning ahead will always keep you on track. Sitting down for even just a few minutes to be realistic about your family's goals, needs, and expectations for the holidays can save you time and money.
2. Stick to Cash
While setting a budget is important, it is just as important to stick to it! Don't allow yourself wiggle room by bringing your credit cards along when Christmas shopping. Bringing cash only is the surest way to make sure you don't get caught up in the face of all those Christmas bargains.
3. Get Crafty
One of the best ways to stretch your holiday budget is to to look for simple ways to DIY. Handmade gifts are not only cost effective, the are usually far more appreciated than just another trinket from the store. Don’t underestimate the meaning and sentiment in a hand-crafted item.
4. Focus on Family Time
Holiday time means lots of activities—from plays, pageants, ice-skating and holiday-themed entertainment, an entire budget can easily be blown on just a few activities. This year, try to make it about spending time as a family. Tap into your home video collection and have every family member pick a favorite. Pop popcorn, brew up some hot chocolate, and have a movie marathon. There are many ways to create new memories with your loved ones without going into debt to do so.
5. Give Your Time
Instead of stressing over gifts for your friends and family, why not instead agree to forgo a gift exchange in favor of a coffee date after the holidays are over and things have calmed down? Chances are the promise of spending time with a dear friend, enjoying each other’s company, catching will mean more than a gift ever could.