Christmas shouldn’t be expensive, here is why
Christmas is a time everyone consider giving and gifting. Ones thought is always on the alert as to what will be the best present for gift.
We have put together few ideas on how to spend less in this festive season. Check it out
Set up a (stick to it) shopping list:
If you want to keep a tight rein on your spending this holiday season, the first step is to create a budget and make up your mind you are going to stick to it.
Plot out how much you can spend on gifts, decorations, food, travel and all other holiday-related expenses. Add a little extra for unplanned purchases you can’t pass up.
Add your name to the gift list:
This might sound selfish, but it’s psychologically effective: Add your name to the gift list.
Sometimes, you buy something for someone that you like so much, you wish you had kept it. The best antidote for that is to allow a little extravagance for yourself.
Avoid last-minute shopping:
Many of us are guilty of running out for gifts at the last minute and paying too much. Consumer expert Freeman calls this “panic spending” and urges shoppers to avoid waiting until the final days to buy gifts and supplies.
Give the gift of your time:
If you want to give someone a gift but can’t afford to buy anything, consider giving the gift of your time. You could baby-sit or walk the dog for a friend with an overloaded schedule.
Handmade gifts are nice, too. If you’re already baking cookies for your family, making an extra batch for someone on your list is pretty cheap.
Thoughtful gifts outshine expensive ones:
Some people are hard to buy for. They’ve reached a point where they have everything they need. This gives you an opportunity to be creative and come up with a thoughtful, simple gift that is also inexpensive.
It could be a framed photo of a special memory, an engraved letter opener, tickets for an event or show, a decorative pillow or something beautiful from a local antique mart or flea market
These are few ways of spending in this festive season, Merry Christmas in advance!