It's slowly that time of year again! Red, white and green colours all around, Christmas decorations hung, and of course, the many presents you have to prepare! The holidays often bring many people into debt from the money spent during the holiday season. While it is important to give gifts to the people that you love, it is also important that you don’t ruin your finances doing so. There are multiple ways to get the most for your dollar, you just have to look for them!
Here are the 5 best ways to save money this holiday season!
Go to Bargain Stores:
Many people go to mega-retailers in order to get presents for the people on their list, not realizing the savings that they can find at bargain stores. While most bargain stores do have a limited selection, they do offer books, toys, clothing, and jewelry for a reasonable price that you can give to the people on your list. Many of these bargain stores get extra stock for the Christmas season so keep a lookout for these great sales they are offering!
Make Your Own Gifts:
If you are short on cash to begin with, you may want to consider some DIYs for your gifts. If you have a talent for painting, you could craft a hand-painted mug or ornament for someone on your list. If you are a good cook, you could give away homemade canned preserves or baked goods. Get creative and you will find that bringing others joy does not require breaking your bank!
Online retailers offer some great deals in the weeks leading up to Christmas and even waive their shipping fees to encourage people to spend more. Many websites of mega-retailers are looking to expand their online sales so keep an eye on offerings for awesome sales. There are also multiple retailers who will throw in a free gift when you spend a certain amount of money on their website. All the more incentive to switch to online shopping!
Not only does the holidays mean that you are buying gifts for others, but you are also buying more food to feed hungry guests. Save money when hosting a dinner party by using coupons on common items that you may need. You may be able to find coupons around the holidays for a percentage off of a certain toy, electronic, or clothing item. While individual coupons don’t save you much, when you combine them with store discounts and several other coupons, you can save large amounts of money. Don't forget to look for coupons for online retailers too!
Use your Smartphone:
Many stores now offer their own smartphone app that can give coupons and savings when you shop. Some are simply coupons that you present at the register such as retailers like Hobby Lobby. Other retail apps, like Walmart's Savings Catcher have you scan your receipt and reimburse cash back if the product is not the best price. By simply downloading a few free apps and taking a moment to follow the app’s instructions, you should be able to save a little money here and there.
Keep these tips in mind as you shop this holiday season. Rest assured that you will be able to give gifts to loved ones and avoid getting into credit card debt at the same time. By shopping both in store and online, you can ensure that you are getting the best deal. Keep your eyes open for some great savings and enjoy this holiday season worry-free!