5 Tips for Celebrating the Holidays on a Budget
November 18, 2022
The holidays are a wonderful time to enjoy get-togethers with friends and family. But it can easy to go over-budget on gifts and holiday gatherings. Start a new holiday tradition with these budget tips to help avoid overspending.
- Check your inventory
If you’re like most people, you have a closet full of wrapping paper, decorations, tableware, and holiday cards left over from previous years. Knowing what you already have can help you avoid unnecessary purchases.
- Create a holiday budget and stick to it
Your budget should include everything you need to buy, the activities you want to do, and travel costs. To help prevent overspending, consider where you can cut back in your household budget and spend the money on festivities instead.
- Give the gift of time
A fun alternative to buying presents is giving loved ones coupons that they can cash in throughout the year for things such as babysitting, pet sitting, grocery shopping, or a fun outdoors activity to share together.
- Savvy shopping is smart shopping
- Shop around and find the best prices.
- Ask if stores you shop at will price match.
- Follow your favorite brands on social media – many offer exclusive deals for followers.
- Look for stores that offer free shipping and delivery.
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