The Holiday season is the most wonderful time of the year associated with the aroma of baked cookies, lights, decorations, festive tunes, parties, ice skating, family activities and more. The excitement of the Holiday season is also accompanied by the anxiety that you will have buy gifts for your family, friends, colleagues and other fantastic people in your life which can take a toll on your wallet. With the Holiday season approaching quickly Amazon has come up with various gift ideas for family and friends and the report says that it will capture 50% of the total online sales this Holiday season. Amazon Echo Dot is perhaps one of the top selling items on Amazon for this Holiday season. If you are looking forward to a debt free Holiday season, here are some tips to save money this Holiday season.
Save Money This Holiday Season With These Tips
1. Make A Budget
One of the most important thing before you start your Holiday shopping is making a budget. You should start by writing names of everyone for whom you want to buy gifts and how much are you willing to spend in buying gifts for each of them. Make a budget which you can stick, making a very tight budget can make you scratch your head later as there can always be a last moment addition to the shopping list.
Find how much you spend last year in buying holiday gifts, this will give you an idea of how much you need to save to buy gifts this year. Sticking to a budget can be a really daunting task, start saving money by packing a lunch for your work, save money by avoiding that latte every day, cut down on your Sunday brunch with friends, watch a movie with friends and family by making some popcorn instead of going out. You can save hundreds of dollars by making these small adjustments.
Why not simply create a separate Savings Account for Holidays? This will things a lot easier for you to deal with Holiday expenses while sticking to budget
2. When To Shop For Gifts
Once you are done with the list of the names for whom you have to buy Holiday gifts, find when is the right time to start shopping for the gifts. No need to pay full price for buying gifts, shop for gift item during the sales period. You can get discounted items during Black Friday, Cyber Monday, and Thanksgiving. Buying toys for kids before Christmas can save you a lot of money.
3. Save On Christmas Tree and Decorations
Shop for a Christmas tree in advance, don’t wait for the last moment. Buying a Christmas tree in the beginning of the Holiday season can get you a better deal on the size of the tree depending on your choice and budget. Waiting to buy a Christmas tree at the end can make you compromise on the quality and price.
No need to waste a huge amount of money on buying decorations for Christmas, consider buying decorations at a local store or at thrift stores where you can buy used decorations at a cheaper rate. You can also make your decorations at home with unused items at home. Involve your kids also in these activities so that they don’t feel left out.
4. Use Coupon Sites To Save Money
Save money this Holiday season to buy gifts using coupon sites. There are many sites where you can find online bargains and deals to shop for your favorite gift item. RetailMeNot is one of the best coupon sites where you will find a huge collection of online coupons, deals which you can use at various stores both online and offline. Go through the list of best coupon sites to find deals online.
5. Gift Experiences Not Stuff
Why not make Holiday season memorable to all those wonderful people in your life by gifting them experience instead of gifts? Try gifting your loved ones experiences like a ticket to a concert or a museum, planning a family outing with your kids at a waterpark or a zoo, preparing a wonderful meal for your family at home or ice skating with your kids.
Volunteering your time with your kids at homeless shelters, soup kitchen or food bank this holiday season can be great. At times giving a helping hand to others in need brings a lot of peace, blessings, and closeness in the family. Go and volunteer yourself along with your family at a kitchen soup near you.
7. Save On Free Shipping
Take advantage of free shipping policy this Holiday season to save money. Many retailers are offering free shipping to shoppers, Best Buy and Target are offering free shipping on everything valid until Christmas time. You can save not only money by opting for free shipping this season but also time.
How are you going to save money this Holiday season?