Holiday Savings Tips

Holiday savings and maintaining a budget can be difficult with all the expenses that arise. You can still enjoy your holiday and save money if you plan ahead. Below you will find some tips to consider when trying to save money and budget around the holidays.

holiday savings

Tips for Holiday Savings

 

A lot of money can go down the drain within the blink of an eye if you are not paying attention to how much your are spending. Holiday shopping is fun, but can lead to impulse buying and over-spending. By planning ahead you can set a budget and know what items are worth spending some extra money on and what items you can cut back on. Here are some tips that will help with your holiday savings.

 Holiday Savings Tips:

Travel: If you are planning on traveling during the holidays make sure you take the time to do your research. Start looking at the prices of plane tickets and search for deals through travel agencies. Travel is expensive so budget how much that will cost you ahead of time.

 

Shopping: With holidays comes the shopping madness. Spending can become irresistible. To avoid this make up your mind before hand on how much you are going to spend and on what. Be strict with yourself and stick to your budget. Make a list of who you need to buy for and ideas with how much you think the item will cost.

 

Plastic Stays at Home: Cash is King. Like it or not, but it is the undeniable truth that with the plastic in hand you forget that you have a budget. So this holiday leave it and home and bring the paper bills {They are still in use you know!}.

 

Browsing: Google is this generation’s know-it-all. Queries? Google it and sure enough your answer is right there. Before you are out to purchase, do a good research on which stores have the best prices. During the holiday season every retail store will be running deals and promotions.

 

Track your expenses: Know the amount you had before and after spending. Note down your expenses regularly and also note down the money you saved on buying products for a lesser rate. They give you a good boost of confidence.

 

Get creative: Think of DIY gifts that you can make to help with your holiday savings. Though they may consume time, the effort is definitely worth it. Your friends and family will appreciate your time and thoughtfulness.

So this holiday season its time to have fun with budget-efficient shopping and spending.

More Ways to Save Money:

FREE Monthly Budget Template

Creating a Budget

Save Money on Your Monthly Bills

Ways to Save Money on Vacations

Eating Organic on a Budget

Make sure you checkout the Frugal Fanatic Facebook page and follow us on Pinterest for DIY projects, recipes, money saving tips and more.

What tips do you have for holiday savings, please share!

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