5 Tips for Saving Money around the Holidays
If your family has been hit with financial setbacks, spending a lot of money over the holidays is out of the question. Instead, you should be looking for ways to save money and keep your costs down.
Saving Money
It helps to start preparing for the holidays a few months in advance, but saving money to recoup your expenses is also important. Here are five tips to help save money during the holidays.
Budget
Every financial plan starts with a budget. Many people make the mistake of tracking money after it’s already been spend, and have to revise their budget as they go.
Instead, start from the beginning with an overall estimate of what you can afford to spend. Write out lists of what you need with a realistic estimate of cost. As you approach each item, look for ways to cut costs and come in under budget.
Save on Your next Computer
If you work online you know how expensive it is to replace your laptop, and if you’re using a Mac system the price is usually even higher that other brands.
If your system is outdated or you’ve finally gotten The Blue Screen of Death you’ll be relieved to learn there’s a way to save on your next Mac: it’s the Mac of all Trades website, where you can buy (or sell) used Mac products at a fraction of the original price!
Lower Utilities
One big expense over the winter is heating bills. Find ways to lower yours. First be sure that your home is sealed against drafts, and have your heating system checked to be sure it’s running optimally.
Then get used to living at a lower interior temp then you normally would. Wear a sweater and cuddle up with a blanket when you’re sitting still. If your HVAC system needs serviced, contact a company like Bishop Plumbing, Heating and Cooling, Inc. sooner than later.
Magazine Subscriptions
You can try these as an affordable gift option that will also save you the expense of wrapping, packing, and shipping physical items. You can find many magazines subscriptions for well under $10.
Just be sure the subject of the magazine is something that fits the recipient’s interest, and it will be a welcome gift that goes on for another 12 months.
E-cards
If you’ve got a long list of people to mail Christmas cards to, try e-cards instead. Some basic e-cards are free, while even elaborate versions generally cost a dollar or less.
With a little creativity, you can send out some memorable cards quickly and affordably to multiple recipients, without the trouble of addressing and licking envelopes, or spending on stamps.
Handicrafts
If you or someone in your household has some skills or talents, you can saving money on gifts or decorations. Look up some DIY craft ideas for on home decoration and gifts using some basic materials and ideas.
Think about ways to leverage your personal talents. A batch of delicious cookies, an old-fashioned wooden children’s toy, or a refinished jewelry box can all be great gifts that cost relatively little.
In the end, the holidays can still be a joyous time without a lot of store-bought extras. What matters is the spirit you bring.
Category: Saving Money
