Did you know that the average American spends around $716 on the holidays???
Do you know it takes them around 5 months to pay themselves back for that?
Here are some ways to save this holiday season?
6 Tips to Make Your Best Holiday Yet – Debt Free
- Make a Holiday Budget – Stick to your budget. Plan out what expenses you know you will have. See where else you can cut costs- but sharing a ride to work – or adding another part time job – and turning down your heat – or wherever you can see you can cut other costs.
- Cash in old Gift Cards – Check to see if you have gift cards laying around from the year. Get those gift cards and use them toward gifts for others. Or cash them in at this time and use them when you need to.
- Give the Gift of Service – Gift someone a babysitting session. Gift someone a meal that you can bake for them. Be their personal chef for the night. Gift someone lawn mowing or snow shoveling. Gift someone a painting gig. Think of your talents. Use those wisely and as a result the gift will be the best they get this season.
- Don’t Eat Out – Eating out can be very costly – cut this out as much as you can this holiday season. That way – you can save money on tips and other such to use toward gift giving. If you have to go out – drink water and don’t order appetizers or split a meal if you can to make it even more economical.
- Make Gifts- Get creative and make your gifts. Look around your house and make a wreath or frame a paper you created. People like thoughtful gifts and if you can make it – that is even better! Write a letter to someone and take the time letting them know everything they did to impact your life. Or write them a story. Anything and everything works here.
- Get Good Deals – Always ask if there is a coupon or better deal you can get somewhere. You will never know if you don’t ask. Check online and ask others in line if they know of anything. Find the best options – and if you need to gift an I O U ( I owe you) – do it. Plan a date to get someone something at a later date.
The holidays are a great time – but not if you have to pay later for the fun your had now. More importantly, Be prepared and Enjoy the Season!!!
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