How much money do you spend over the holidays? A LOT, right? I know we all try to be frugal, and yet we want to give good gifts. But there are many considerations to prevent you from breaking your bank. Trust me on this.
Here are my top things for frugal holiday shopping.
- Make a List
You need a list that has the person’s name with gift ideas and how much you want to spend. Stick to your list and shop around.
- Set a Budget
This step is one of the first items that I do. I create a budget per person, and then keep up with what that person wants so that I can look out for any sales or deals within a specific cost constraint.
- Research Online Deals
Use online resources to your advantage. Retailer websites, apps, and social media contacts, along with sites that track deals give you plenty of avenues to find great bargains. Search in the comfort of your own home without having to brave the winter weather (or a few thousand of your fellow consumers).
- Consider Homemade Presents
This element is something fun as long as you have the time and energy to follow through. Sometimes something as simple as a crocheted gift can be great, or even hand-crafted jewelry.
- Buy Previous Models of Electronics
You do not need the newest item. Save your money and purchase last year’s model. Retailers are always offering deals on the previous version to clear space for the new generations. Will your gift recipient really care if they receive the previous model? Think about it before you go ahead.
- Wait for Post-Holiday Clearance Sales
One of the biggest steps that I take! I stock up at the end of the holiday season with small stocking stuffers for Christmas and wait for the post-holiday steals! You don’t even need to be picky here.
- Start Earlier
I am a huge believer for getting ahead of the game. I always shop when I can. People always want items, but sometimes it’s nice to get something fun and different. I pick up gifts throughout the year so that I don’t have to worry about doing it all at once.
Have a great time and save money where you can. It is possible, and you can enjoy yourself despite spending this holiday season.
** This post also contains affiliate links and I will be compensated if you make a purchase after clicking on my links.
Read our disclosure.
Like this blog post? Want more like this? Sign up for our newsletter so you can stay up to date with ways to make money AND save money!