In these tough economic times, many people are struggling to find ways to stop Overspending on the holidays. The truth is that we all have a tendency to let ourselves go when it comes to buying things for the holidays. This year, instead of looking for ways to tighten the purse strings, look for more inexpensive or cheap options. Here are a few suggestions to help you trim your spending:
Don’t forget to add in gift cards and discount cards for other gifts. This is a great way to keep extra cash in your pocket for the holidays. You might also want to check out sales at your local stores.
Instead of going bargain shopping, choose the least expensive items you can find. Look for good deals at your local department store. And shop late during the week, when the sales are usually biggest. You’ll find better deals on the weekend.
Many electronics companies have released products at huge discounts early in the year. These Christmas devices are likely to be more expensive than they were on the shelves at full price. Instead of buying multiple gadgets, choose one or two good ones.
While movies can be fun, too much television can really wear on your wallet. Watch one or two good shows, and save the rest for the movie night. Remember, you can still watch something on the television while wearing earbuds, if you’re trying to conserve money. You can even play back recordings, if you have a DVR.
Leave your credit card and debit cards at home, and if you need to buy something, take a bus or a subway ride. The crowded, noisy streets of New York are too distracting. If you must leave your wallet, make sure you have a reliable place to keep it. A leather wallet will stand up to the wear and tear of the roads much better than a plastic one.
Instead of eating out, eat at home. Baked foods are healthier and usually cheaper than take-out. If you want to pay a lot more for your food, order in, but make sure you pay in advance so that you have time to go to a restaurant if you aren’t hungry!
Instead of watching mindless commercials about how your product is the best, get something to watch instead. Go to your favorite network channel and see what you want to watch. (Hint: if you don’t have cable, you can still catch the primetime TV shows on a few different channels.)
The days when you can buy whatever you want and then just wait for the sales are gone forever. Instead of standing in long lines and getting pressured by salespeople, browse online for bargains. There are countless websites that allow you to browse for great deals on the holidays, and you can save a lot of money by shopping online.
When you are shopping, most places require you to show proof of a purchase, such as a credit card or a written receipt. This way, you can easily document when you actually spent the money or how much you saved.
Most people wait until the last minute to plan their shopping, but the holiday season is a perfect time to look ahead. If you see that the sales are ending early, you can start looking for that one item that you want to buy. Even if you have to settle for a lower price, you will at least have more time to look for the perfect deal.
These are just a few of the ways to stop Overspending on the holidays. If you follow them, you’ll be able to save a ton of money this holiday season. There’s no reason not to put some of that money back into your pocket. You deserve it.