The holiday season is here and that could mean that your carefully controlled budget might be in jeopardy. Family dinners, decorating and gifts can leave your wallet feeling a little empty.
To help you feel the pinch a little less we have put together 5 ways to help you can save this season.
Gift your time
A great present to give this season is some of your time! Do you know how to cook? Are you handy around the house? Maybe you are a good babysitter or skilled at tidying up! Instead of buying a gift, present your family and friends with a service they may need. A gift card of your own creation for an hour of house cleaning, a dinner for four or create a website for your family member’s new business.
Re-gift
Have you kept the gifts you received but haven't had a use for? If so, rewrap them, or you can put together matching products into a nice gift basket to give away.
Pro regifting tip: Make sure you keep track of who gave the gift to you to prevent an awkward holiday blunder!
Share the love
Give the same gift to everyone on your list. A $10 subscription or a donation to a charity.
Create a Holiday Budget
Before you go shopping, create a holiday budget, decide how much you can spend per person and stick to it. This will help to prevent impulse buying and help you stay within your household budget.
Thrift Stores
Take advantage of thrift stores. Visit once a week and see if you can find some great deals on new or gently used items. Try to visit thrift stores in higher-end neighborhoods to locate great deals.
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Posted in: Financial Tips Holiday Tips
Disclaimer: This article provides general information only and does not constitute financial, legal or other professional advice. For full details, see MoneyKey's Terms of Use.
