Shopping during the holidays is part of the fun, but being broke definitely isn’t! Unfortunately, too many holiday shoppers are finding themselves in serious financial trouble around this time of the year. It’s not just about the gifts, either. The traveling, decorations, extra electricity consumption – all add up.
It doesn’t have to be this way, though. You can buy wonderful gifts this holiday season without spending a fortune. We’ll show you how!
Easy On the Treating
It’s tempting to pop into a coffee shop and grab your favorite brew along with a yummy baked snack. Indulging in nearby cafes and coffee shops might not even be that expensive. However, doing it regularly can be quite hard on your pocket.
Let go of this and other financially consuming habits, such as eating out every other day. Instead, indulge yourself on the weekends and invest more in homemade healthy goodies so you can easily save up for holiday shopping.
Prepare In Advance
You can also stay within budget by considering some holiday shopping in the summertime. This will take some planning, but it will lessen the shopping burden. Start researching what you want to gift to whom and make some purchases in advance as well.
Prefer Cash over Cards
Online shopping or handing over a credit card for swiping may be great conveniences of the digital age. However, they’re also some of easiest ways to overspend. Instead, take out some regular old cash and track your spending that way.
When you have to hand over actual notes, you’ll be less likely to consider an overpriced item just because it looks good on a web page.
Make Shopping Lists
Haphazard spending is much more dangerous for your wallet than an organized spree. That’s when a shopping list comes in handy.
A shopping list will ensure that you get just what’s needed and no more. Even if you do pick up something extra, you’ll have everything on your list in one or two shopping trips. This will keep you focused and your gas expenses to a minimum. You also won’t get distracted by every shiny new item in the stores!
If you’re skilled at a certain craft, you might want to consider giving something homemade instead of buying every gift. Bake a cake, make jewelry from your stash, paint some pottery, or wrap up some cookies in a delightful little basket!
Even the simplest item here would show the love you’ve put into it. Make sure the wrapping is bright and festive.
Compromise A Little
Chances are that last year’s model for any electronic isn’t that different from this year’s update. There might be a few more features, but the basic use is the same. Hence, do your homework and work out the best slow cooker, blender, gadget, or other high-tech gifts you need in your budget. You don’t always have to go for the latest, the biggest, or the most expensive.
If you’re careful in your search, you can find many versions of your needed devices that were the latest thing just a month or so ago. These make for excellent gifts or for updating your kitchen to make those holiday meals.
The tips above will help you impress your loved ones and let them know how much they mean to you. There’s no need to have an overpriced experience at this time, no matter how many special items you see!
Instead of racking up the purchases, focus on the deals you get on regular days and see how smartly you can keep your holiday shopping within a budget.