Christmas is a season of gift giving. But it is also high time for big expenses. While you do not want to be as thrifty as Scrooge, you should not also spend until you’ve put a hole in your pocket. With a little planning, creativity, and resourcefulness, you can give the best gifts without breaking the bank. Here are some tips.
- Start early.
Prices go up as the season approaches. If you start your Christmas shopping early, you get to save yourself from stress. And this also means a lot for your budget.
- Make a list and set a budget.
Not everyone is in the habit of making a list anymore. Most of the time, people go on impulse buying. And this is not a good shopping habit if you want to keep within your budget. Making a list can help you plan according to what you can afford. This way, you can also come up with more reasonable alternatives to an otherwise expensive gift item.
You are not only doing the environment a favor when you recycle, you also help protect your savings. And this does not mean you have to recycle gifts. But instead of buying new decorations, you may put your creativity to test and get on a recycling project. You can even use magazines and used wrappers for gift wrapping. It may be a small matter, but it can still help you save some.
- Watch out for discounts and deals.
There are plenty of discounted deals around. And they are worth looking into. Coupons are also a great source for some savings. Find the things you can use whether for gift or food shopping .
- Discover internet shopping.
Shopping online can save you a great deal, too. If you know where to look and where to go, you will be surprised at how much you can save not only in terms of expenses but also with your time and effort. There are sites that offer free shipping, too. Moreover, there are plenty of unique items here that you may not find elsewhere.
- Buy in bulk.
If you know of anyone who is planning to buy the same things as you are, coordinate. Buying larger quantities can definitely help you score hefty discounts.
- Limit your gift item value.
A gift does not necessarily need to be expensive. It is the thought that counts. Look for some things which can mean a lot for the receiver but won’t force you to spend a lot.
- Consider DIY greeting cards.
Even cards can cost a lot. But if you make it yourself, it can be much more special. It’s the thought that counts, right?
- Go outlet-shopping.
Outlet stores can be a great way to get great quality items for less. So, you should not mind giving it a chance.
- Let your credit card work for you.
Credit cards can be tricky, especially this time of the year. But if you are mindful, you can make it work for you. Take advantage of cash backs, loyalty points and other incentives and rewards. The trick is knowing how to use it well.
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