Save Money This Christmas

The holiday season is a time to make merry, of course, but it’s also a time when people tend to spend a huge amount of money. Many of us can’t actually afford the amounts we splash out in the festive season, and suffer for it come New Years Day. Save money this time round and your family will be better off when the tinsel has all been taken down.

 

Set a budget

It may seem obvious, but many families don’t make a solid budget in the lead-up to the holidays. Work out exactly what you can afford to spend, and then divide it into categories such as gifts, entertaining, food and activities.

 

Avoid impulse buys

When you’re doing your Christmas shopping, have a clear plan of the people you’re going to buy gifts for, and what sort of thing you’d like to get them. Try to make this plan as specific as possible, and then resist impulsive buys once you’re out in the shops. If you find that your list of gift recipients is alarmingly long, consider cutting back if your budget is a little tight. There are many people for whom a card would probably be gesture enough, and you can always make up for it in other years when you’re more financially secure.

 

Use your imagination

If you’re really stuck for cash and are worrying about how you’ll afford gifts, try and be creative. Baking cookies or cakes for family members and friends can be a thoughtful, generous gift, and perhaps will be appreciated even more than the same old soap set you’d normally buy them.

 

Make a family project

Especially if your children are young, getting together as a family and making your own holiday cards to send out can be a really great crafting project, which will bring you together as a family while saving you cash on overpriced greeting cards. They’ll also have a more personal touch.

Leave a Reply

Your email address will not be published. Required fields are marked *