Christmas is known as the most wonderful time of year, but is also known as the most expensive. As the holiday season looms, so is the holiday expenses – gift giving, family gatherings, etc.
That said, while it can be expensive during the holiday season, there are ways to save significantly during the holiday season. So, here are my tips on how to not blow your budget during the holiday season.
Buy In Advance: Who says that Christmas gifts have to be purchased during the Christmas season? I am the queen of getting my shopping done before Thanksgiving. I already started some of my holiday shopping at the time of writing this post. For example, if there is a great sale going on in July, why not stock up on some gifts? It saves so much money, and it even helps eliminate the stress. Just remember where you put them. Also, buying over time helps stretch it out, versus spending it all at once.
Make the Gifts: I crochet a lot of my gifts for the holiday season, whether that may be blankets, hats, scarves, or even coasters. Handmade gifts are always a hit, even when I don’t crochet. I have made a canister filled with candy for someone, I make bracelets, and I even use ceramics. While they may be on the cheaper side, they are gifts that are thoughtful and appreciated, because they were made just for them.
Combine: My boyfriend and I have been living together for over a year. Needless to say, we decided to combine buying gifts. This usually results in the individual spending less on a gift than they would have on their own.
Coupon: Take advantage of coupons, folks! I have a Kohl’s card, and they periodically send out a 30% coupon. Whenever I get that, I typically take advantage and buy a few gifts with it. There are so many apps out there, and especially with Black Friday coming up, you can definitely stack up the savings with a good coupon.
Buy Secondhand: There are so many new with tags items at consignment stores that are sold at a fraction of the cost of the regular price. Definitely check out your local consignment shop, as well as sites such as Poshmark and Mercari. Definitely worth it.
What are your tips for saving money for the holiday season? Let me know in the comments below.
4 thoughts on “5 Tips on How Not to Break the Budget This Holiday Season”
So many helpful tips! I wish I was more organized about shopping in advance. Maybe this year!
LikeLiked by 1 person
LikeLiked by 1 person
Great tips! I am determined to stick to the budget this year. I’ve already started the present buying and buying some of the food to go in the freezer. x
Great tips, I tend to buy throughout the year if see items on sale, definitely saves me some money in the long run and with three kids to buy every saving helps!