The Christmas and holiday season is one of the best times of the year. It’s a time to gather with family and friends, eat great food, cozy up by the fireplace as the snow falls, and watch Christmas movies.
But, as great as the holidays are, they can also wreak havoc on our wallets. In fact, the average American spends close to $1000 on holiday gifts. And that’s just gift shopping.
Let’s not forget all of the money we spend during the holiday season on decorations, party foods, and holiday-related events.
Luckily, there are some easy money saving tips you can follow to cut back on your holiday spending. Read on to find out what they are.
1. Make Sure You’re Getting the Best Deal
There are attractive discounts flying around the entire holiday season. However, it’s important to remember that just because something is on sale doesn’t mean you’re being offered the best price possible.
We tend to fall for the words “free”, “discount”, “sale”, and other buzzwords that make it seem like we’re getting a great deal. But don’t let these buzzwords trick you into making an impulse purchase.
To make sure you’re getting the best deal, you can download a price comparison app. Or you can do your own research online. Also, keep in mind that many big retail chains do price matching.
So, if you find a cheaper price in the store, just show it to a retail clerk and they should be able to price match it for you.
2. Go Homemade
Even with the many discounts and savings available during the holiday season, it can still be hard to not spend a lot of money.
If you’re on a tight budget this year, consider doing homemade gifts. Even if you’re budget isn’t that tight, homemade gifts are still a great option, as they’re often more sentimental than store-bought gifts.
Here are some homemade gift ideas:
- Bake everyone special holiday treats
- Make homemade snow globes using old Mason jars
- Knit everyone scarves, gloves, or sweaters
- Make DIY Christmas ornaments
- Make stovetop DIY potpourri loaded with holiday scents such as cinnamon and pine
- Turn old trophies into bottle stoppers for a unique gift for wine lovers
- Put your artistry skills to use by making everyone homemade paintings or drawings
- Make soap using goat’s milk and other scents
- Turn a shrunken sweater into a wine holder