How to Save Money This Holiday Season

Monday, December 21, 2020, 12:00 PM | Leave Comment

Saving money is always a challenge. During the holiday season, it can be especially difficult to stick to your budget and not overspend.

And while giving gifts is usually of the utmost importance during this time, you might not have the funds to give an expensive gift this year. It is understandable.

But no one wants to look like a Scrooge! If you find yourself short of cash this year, there are numerous ways to celebrate without breaking the bank.

We have some great ideas for you! Remember, the holiday season is about spending time with loved ones and not money.

The ideas below all incorporate the holiday spirit and focus on what matters most this holiday season.

How to Save Money This Holiday Season

  • Unique Gift Ideas

    Think about some of the best gifts you have ever received. Were they all awfully expensive? Or did they just really take into consideration who you are as a person?

    Looking for unique gifts can often be the ticket to getting someone the best present. And unique gifts do not have to be expensive. Think about places you can shop that carry rare treasures.

    Thrift stores, second-hand shops, flea markets, and antique stores all have a ton of items available that are one of a kind. At these markets, you can usually get a great discount on items such as intricately carved wooden cuckoo clocks to ornate jewelry. They usually offer a wide selection of items and great customer service.

    If you are looking for a gift for someone who has everything, these are the perfect places to find that special something. Another great thing about these shops is that they are often small businesses. You get to save money and support the local economy. And that’s a win-win for everyone!

  • Homemade Gifts that Can Save You Money

    When was the last time you made a gift for someone? This is a time-honored tradition because it shows the value that you place on the recipient. Through taking the time to make a gift you show care and gratitude for your relationship.

    You may think that making a gift is intimidating. However, you can make a very simple gift with items that you already have on hand. If you are a great baker, making a cake, cookies, or a dessert as a gift would be a wonderful option. You can even find special recipes online to make special holiday treats like peppermint bark or candy cane cheesecake.

    And if you are not the best cook, there are still plenty of options. On your next trip to the grocery store, you could even pick up some extra items. You can make s’mores kits by getting graham crackers, marshmallows, and chocolate. You can then package them together to give out as gifts for family and friends.

    You can even get your children involved in the gift making process. Have them handwrite and color personalized holiday cards to give out to family and friends. They can even help you package the items and include their hand-written notes, cards, or pictures for even greater personalization.

  • A Holiday Season with No or Fewer Gifts

    Not giving out gifts can seem like the worst idea for the holidays. After all, this is a time for celebration, cheer, and abundance. Keep in mind though that gifts are not the reason for the season. It is important to remember to celebrate and focus on all that you have. There is no greater gift than being surrounded by loved ones during the most wonderful time of the year.

    And if you and your family are not ready to completely give up on giving gifts, you can find ways to reduce the money you spend. Maybe this year you will only give gifts to children. Or you can do a secret gift exchange by selecting one person to get a gift for. This can ultimately bring some of the usual festivities without hurting your wallet.

The holiday season is a joyous time filled with laughter, love, family, and friends. By focusing on what is truly important, you can take part in the wonderful traditions of the season. This year your finances might not allow you to spend a lot of money. But you can certainly continue to create the magic of the season by using the above ideas to spread comfort and joy to all of those you love.

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