Holidays are a time associated with fun, laughter, family get-togethers, and additional expenses. Therefore, lots of people become stressed as soon as the holiday shopping season starts looming on the horizon. Food and drink, presents, fuel, plane tickets, new clothes, salon visits – all those things require forking out. No wonder lots of us try to figure out a way to alleviate the holidays-related financial burden. In our article, we’ll cover some easy and effective ways to save on holiday shopping.
# 1 Setting a Budget
Many people ignore the importance of making a budget that is to be spent on holiday needs. Unfortunately, such financial short-sightedness often leads to excessive spending, which can ruin the overall holiday atmosphere. You can try either setting a general spending cap or allocating some money to every point on your holiday shopping list. Still, we need to warn you against setting too tight a budget. Very often setting unrealistic limits on expenses leads to frustration and irritation. A tight budget won’t leave you any room for some unplanned expenses, which is a commonplace. Moreover, excessive saving will make you give up the quality of the items you intend to purchase. Instead, try cutting back on some things that are not critical for celebration. A 10 pound bottle of wine bought instead of a 50 pound one won’t spoil your holiday mood after all. And you’ll be able to allocate more money to presents for your dear ones.
# 2 Sales and Discounts
Everybody likes discounts. Still, most of us think getting any is more than difficult. No store wants to lose profits after all. You’ll be surprised to find out that getting a discount is easier than you think. Make it your rule to check if you can score a discount once you find an item you plan to purchase. On holidays you can get an unexpectedly generous discount when buying a necklace at a jewellery shop or ordering from PapersOwl. Moreover, it is a wise choice to buy discounted gift cards on the eve of major holidays. You’ll need to buy tons of gifts for your relatives, colleagues, and friends anyway. Therefore, discounted gift cards will definitely come in handy.
Lots of stores and malls display their generosity to their loyal customers by arranging epic sales. So, availing yourself of sales going on during the holidays is another way to save money. Black Friday, Boxing Day, and other sales provide an excellent opportunity to save up to 60% of the purchase price. Pick any item carefully, compare prices in different stores, don’t forget to use coupon codes and you’ll be able to snag great deals. Buying nice things for reasonable prices doesn’t only make your spirits bright, but also prevents a hole in your pocket.
Furthermore, holidays is a high time for connoisseurs of exquisite food and drinks to stock up on discounted restaurant gift cards, which can serve as excellent gifts themselves. Just fancy how great it is to spend a romantic holiday dinner in a classy restaurant without haemorrhaging lots of money.
# 3 Cash-Back Shopping
According to Forbes, cash-back shopping also can save you from holiday bankruptcy. Presently, lots of us tend to buy things online, so why not take advantage of that. Buying from cash-back shopping sites is a nice chance to save money on every item, be it a doll for your niece or an LCD TV for your spouse. Are you still afraid that cash-back sites are scams? No reason to worry. Such websites earn their profits quite legally. Every time a site refers you to a third-party resource and you end up buying anything from it, it gets its commission. So, if you’re in search of additional methods of saving money during the holidays, you should definitely give cash-back sites a shot.
# 4 Cultivating Healthy Shopping Habits
Nothing can save money better than a thoughtful approach to spending it. Once you’re done purchasing all the items from your shopping list, don’t give in to a tempting urge to drop by the mall “just to check out what they have.” You understand that such unplanned visits to malls or stores often end with purchasing something you obviously don’t need.
Furthermore, it’s crucial that you teach yourself not to put off shopping until the last moment. Buy everything important prior to pre-holiday hustle and bustle. Still, if you’re itching for joining the atmosphere of fun, holiday turmoil, and joy that usually reigns at malls on the eve of great holidays, you may go shop for candles, for example. By doing so you’ll get your portion of holiday festivity without running the risk of forgetting to buy something important.
If you have some money left after buying everything that can make your holiday perfect, consider donating it to charity. Remember that there are people who are not that lucky as we are. They also need to feel care, love, and support. So, don’t lose an opportunity to bestow an ounce of happiness on someone in need of those things.