Save Money on Christmas

As the holidays rapidly approach, there are tons of ways to make sure you are prepared for this upcoming holiday season.  There are plenty of ways to save money even though the holidays represent the biggest shopping season of the year.  Here is a list of 7 ways to save money this season.

 7 Ways to Save Money This Holiday Season

 

Be prepared

Start now and be prepared.  Don’t wait until the last minute to get your shopping list in order.  Be complete and come up with a list of everything you think you will need for the holidays.  The more complete you are, the less room for error in your holiday budget.  When you are focus on what you actually need, you will be intentional about the way you spend your money.  There is no guessing about what you need and you can be prepared financially if you plan ahead.

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Shop with a list

I kinda mentioned this one already but I love lists!!!  Seriously, they are a great way to stay focused on what is actually needed.  When you have a list- you have a plan.  List making seriously makes shopping a breeze.  You have everything you need written down and again, this completely reduces the likelihood of overspending.  Here is a free holiday budget planner you can use if you are just starting your list now.  Shopping with a list is by far one of my favorite ways to save money because it keeps me super focused.

 

Related Post: 5 Chic and Inexpensive Holiday Party Outfits

 

Create a shopping budget

I love this.  We started creating a shopping budget for the holidays a couple years ago and I am so glad we did.  First, it keeps us accountable to our budget.  Second, we are limited with how much “stuff” we bring into the house.  I am not a fan of clutter and I don’t like buying stuff that my kids play with a couple times and then forget about which seems to happen if we get too much stuff.  I would honestly rather spend a little more money on something that they will enjoy playing with 6 months after Christmas than buy 5 toys that area cheaper.

You can grab your free holiday budget printable here.
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Know your spending triggers

What do you tend to binge on when you are at the store?  Do you have certain triggers or certain things you spend money on that really may not be necessary?  I do.  I tend to buy either lipstick (which I hardly ever wear) or I buy jewelry.  I love wearing jewelry, but honestly, I have a ton of it.  Do I really need it? No.  Do I sometimes still binge when I know I shouldn’t?  Yes.

Knowing what your triggers are will help you avoid impulse buying.  You can avoid that area of the store altogether or you can make yourself a deal and only spend the money if you genuinely have it to spend out of your personal money allowance.

 

Know which stores have the best deals

There are already tons of stores and even online bloggers posting about store deals for Black Friday.   Do a little investigating to make sure you are getting the best deals though.  Black Friday is known for deals on electronics and deals on housewares.  You may not get great deals on things like clothing so watch for coupons or great sales from your favorite stores.

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Related Post:  8 Tips for Making the Most of Your Christmas Budget

 

Use Ebates

If you shop online, I totally recommend using Ebates.  Ebates is free to sign up and you earn cash back by just shopping online for the stuff you are going to buy anyways.  You can shop your favorite stores like Walmart, Target, Kohls, Amazon, Groupon and lots of others.  Right now they are doing a holiday promotion and giving double the percentages of cash back through the holiday season and you can get $10 just for signing up if you sign up through my link.  You can also check out my Ebates Tutorial here.  I plan to do more of my holiday shopping online this year and I am pretty excited to that Ebates is offering even more money back during the holiday season.

 

Avoid shopping when you are emotional

Have you ever noticed that you tend to buy more if you shop when you are in a certain mood?  Does it make you feel better to spend money if you are upset?  If this is the case, avoid spending money when you are emotional.  You will be more likely to buy things that you don’t need and spend more money than you wanted to spend.

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What are some of your favorite ways to save money during the holiday season?

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