Save money during the holidays while getting
a grip on your finances
Holiday seasons have come once again and many of us aren't prepared
so we end up spending more and purchasing gifts that we like not gifts
recipient may enjoy. We purchase packaged products for parties and
events instead of taking time to prepare a personalized dish at a much
better price. We charge those credit
freely to take full advantage of enjoying the holidays. At the end
of the day, it all has to be paid for. Yes, the trips, gifts, holiday
decorations, eating out, party items and even the extra utility bill
for lighting up the home. It can become a very expensive time of year.
Setting aside just a few minutes of
your time to plan your holiday spending can bring joy to your
life when the holiday seasons have past. Spend time making a personal
holiday gift using a
hobby or a talent from the past can be very rewarding to you and
the recipient that really appreciates this special talent of yours
( soap making, personalized bags, personalized gift baskets, etc.).
more compiled list of more tips to assist you with discovering ways
to save during the holiday
Most Of Your Holiday
The holidays can make a stressful financial
situation a total disaster. But there are several ways to cut costs
so your finances doesn't get any worse as you move forward. Consider
- Decorate your house by bringing the outside in, using
pinecones and acorns! Sprinkle with a few drops of pine scented oil
if you have it on hand, I know a lot of you just might!
- Spend a week end with the family to decorate the
home and wrap gifts. Have
a brunch in the morning give everyone a roll to play. Bake cookies,
Enjoy holiday music while playing games with the kids and having
your favorite treat.
- Instead of buying presents for every family member,
suggest a gift exchange and draw names out of a hat.
- Agree on a spending limit for gifts for friends and family and stick
- Make your holiday gatherings a potluck and assign
each guest an item to bring.
- To control holiday spending, leave your credit cards
at home and use only cash
you've set aside.
- Consider buying the family one gift rather than each
individual gifts such as a membership or movie tickets.
- Instead of holiday wrap, buy monochromatic wrap in holiday colors such
as green, red, or gold that can be used all year.
- For young children, half the fun of holidays is often opening the gifts.
Wrap small, inexpensive items separately - coloring books, crayons
and picture books or novels, even stocking stuffers work well. Or recycle
hand-me-down toys by wrapping them up and putting them under the tree.
- Instead of spending a lot of money on gifts from the mall, give homemade
treats like fudge, truffles, cookies or jams and jellies.
- To cut down on postage and holiday card costs, send mail only to out-of-town
friends and family you're not likely to see throughout the year. Or
send e-cards, which are usually free.
- To keep your electricity bill down, use a timer to turn outdoor lights
on and off at designated hours.
- If you know you won't be able to pay your credit card off right away,
make sure you use a single low-interest card to make purchases - that
way you can easily track them.
- When traveling during the holidays, try to fly on the day of the actual
holiday (Thanksgiving Day, Christmas Day). It's usually cheaper and
there are plenty of seats.
- Subscribe to receive e-newsletters from your favorite online merchants.
They will often e-mail coupons to use for savings on purchases and
shipping costs. Or subscribers may receive private sale information.
- Sometimes buying an item online is cheaper than going to the store
since many sites don't charge sales tax and offer free shipping. Use
the savings to have the gift mailed directly to the recipient instead
of standing in line at the post office.
- Instead of buying an expensive gift, make a donation to a worthy cause
in a friend or family member's name.
By:Robert Vaughan:Nov 8, 2007