Finding the perfect gift for everyone on your list can quickly make your holiday expenses shoot up.
But don’t worry! Here are ten easy tips to help you pick out awesome gifts while keeping your budget happy.
1. Make a List and Check it Twice
Just like Santa, write a list of everyone you want to gift something this holiday season, from family and neighbors to your mail carrier. Assign a budget for each person to help you stay on track.
2. Use Your Phone to Save
Found the perfect gift but it's a little pricy? Grab your phone and do a quick search to see if it’s cheaper somewhere else. Many stores will match a lower price if you find one.
3. Shop Early to Avoid Rush Spending
Waiting until the last minute can lead to spending more than you planned. Shop early to keep your spending and stress levels down.
4. Opt for Last Year’s Gadgets
Electronics from last year still make great gifts and can save you a ton of money compared to the latest models.
5. Understand Sales Days
Black Friday and Cyber Monday might not always have the best deals. Sometimes, regular holiday sales offer the same or even better savings.
6. Keep an Eye on Your Spending
Regularly check your bank statements and use online banking to monitor your purchases. If you're using a credit card, consider one that gives cash back or rewards to get a little extra from your spending.
7. Get Creative with Homemade Gifts
DIY gifts like baked goods or photo albums make thoughtful presents that can save you money.
8. Save Up for Big Gifts
If you plan to buy something expensive, start saving ahead of time. Setting up automatic transfers to a savings account can help you gather funds without stressing.
9. Avoid Impulse Buys
Stores are designed to make you want to buy more. Stick to your list and take a break if you feel tempted to go off-list.
10. Don’t Forget About Shipping Fees
Online shopping can seem cheaper until you add shipping costs. Look out for free shipping offers or discount codes to save more.
Remember, it's the thought that counts, not how much you spend. With these tips, you can give generously without emptying your wallet. Happy holidays and happy shopping!
-
Previous Article: Study Reveals Many Americans Sacrifice Credit Card Rewards Due to Debt
