The holidays are one of the hardest times to save money or indeed make money. With all of us taking time off to spend with our families, the option for earnings decreases. Spending can get out of hand at this time of the year, especially if you have a family.
If you are in need of making some savings this holiday season then believe it or not, it can be done! Read on for your way to turn the most expensive time of the year, into an easily manageable event and stay debt free.
Saving on festive food and drink buys
Christmas and thanksgiving are expensive times to buy food. I swear that all of the companies put their prices up, ready for when you really need to buy their products!
You can cheat your way into making savings on food and drink this year though, simply by shopping around or more importantly, shopping early.
They say that the early bird catches the worm. Well, if you want the biggest, juiciest worms (or something far less disgusting!) for your festivities then you need to start thinking in advance. Shoppers have to be savvy these days in order to beat the big companies.
Products with long date stamps can be bought well in advance when they are on offer, or you could think about buying in bulk. Reserve this option for items that you use a significant amount of, and the savings will soon add up.
Curb your holiday decoration spending
You can save money on holiday decorations by buying them now. Get them in the sales, a year in advance and store them away. This will mean less spending and less stress next year.
If you are good at crafting and design, you could make your own decorations. This is something that all family members can get involved in. You could even sell some of your designs at local craft fairs if they are good enough. This would bring in a little extra money for luxuries, or to save.
Gifting on a budget
Buy your gifts during the summer months. Hunt for closing down sales and last of the line products. If you make use of store coupons and savings cards, you can often reduce the cost even further.
Keep a list of everyone that you need to buy gifts for, with you at all times. That way, no matter what time of year it is, you’ll be able to spot a bargain and tick them off your list.
Looking at ways to make a little extra on the side
If you are looking at ways to make a little bit extra here and there then you can take note of Avatrade’s bonuses. If you read up on your forex trading knowledge, this could prove to be a good way to make a little extra for the holidays.
Saving for next year’s festivities
When the stores have their sales at the end of the festive season, now is your time to strike! Go in armed with an extensive checklist and buy only the things you have marked down.
You can create a comprehensive list on your phone these days using one of the many available apps. This is easier to keep track of, and you can share it with other members of your family so that they know what has been bought and what is still left to buy.
Just remember to be selective. Don’t let the sales mania cloud your judgement, or you could wind up buying things that you really don’t need!