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5 Ways To Be A Savvy Holiday Shopper

5 Ways To Be A Savvy Holiday Shopper

| December 04, 2018

With the holidays approaching, it is likely you are searching for the perfect gifts for the special people in your life. Even more likely, you are spending more money than you normally do throughout the year. I’m here to remind you that you’re not alone. However, if you are worried about spending too much, I have some tips that may be helpful to you.

Set a budget and stick to it

I know this may be easier said than done, but it will make you feel better in the end, I promise. Know how much you can afford to spend, and hold yourself accountable for it. If it helps, talk to your friends and/or family and set a budget on how much to spend on each other. This way you know your maximum budget per person and it can help to better track your expenses. If you are having trouble deciding how much you can comfortably afford, speak to a financial advisor. We are happy to help you through the process.

If you’re uncomfortable with the price, think it over

Go with your gut instinct. If the price on the tag is giving you a bad feeling, don’t spend the extra money. Assess the possible options. Is there something else they may love that won't cause you to break the bank? Is there a possibility that the item may be on sale before Christmas? Is there an item similar to the one you're looking at for a better price? Is the item a better deal somewhere else? You never know what else you will find, so think about it before you buy it!

Be on the lookout for deals

Around the holiday season, there are deals everywhere. I suggest to not purchase anything full price. Odds are it will be on sale at some point. Keep an eye out for coupons online, in the store, and in newspapers. You can save a lot of money if you stick to shopping the sales.

Create a memory instead of buying a gift

Like I said before, you’re not alone. If you are worried about overspending, it’s likely some people in your life may be worried too. Your parents or friends might not even care to get a gift and would prefer to just spend quality time with you. Plan to spend a day together to celebrate the holiday season. Go ice skating or see a movie. Volunteer. You will feel good that you gave back and you will have made a great memory together. Who knows, you may even create a new tradition!

DIY - Do it yourself

Sometimes the best gifts are the ones made by you. If you are a good baker, bake some holiday themed treats as gifts. If you are crafty, make something special for a loved one. Having trouble coming up with ideas? Check out Pinterest or surf the web to get your creativity flowing.

Overall, the holidays don't have to completely empty your pockets if you don't want them to. There are many ways to make the holidays budget-friendly and less stressful on yourself. I hope you have a great holiday season, and if you have any follow-up questions, feel free to give me a call.