3 Ways To Save Money At Christmas Time

Most people agree that Christmas time can be one of the most expensive times of the year.  From having to buy gifts to buying decorations and paper to wrap the gifts in. In can quickly start to add up.  Even though it’s supposed to be a time of year when we are focused on being giving and enjoying our family, it can often be a time of staring at our bank accounts and biting our lips.

Rather than seeing Christmas as a time of year which makes us feel anxious and unsure financially, why not make it about love and family, and find ways to affordably enjoy your Christmas.  Here are some of the best ways to enjoy your Christmas and cut back on costs.

Shop Off-Season

Shopping for gifts off-season is one of the best ways to save money. Browsing through products during the holidays can start to make your head spin as you do the math in your head for what it all will cost you.

Since stores have their products marked up at full value during the holidays, it’s one of the most expensive times to purchase.

Try to look for deals during Spring or Summer when there are a lot of deals going on for last-season items.  It takes a little planning ahead and organization, however, you’ll find that you will save so much money that you’ll start making it a habit every year.

Gift Exchange

If you have a large family, it can cost a lot to get everyone a gift in your family.  Therefore, buying a gift for everyone individually is often not even an option. Organizing a gift exchange where everyone draws a name from a hat and only gives to one person is a major money saver.

In addition to taking some of the financial pressure off of everyone, it also takes off the stress of having to do a lot of shopping and fussing over everyone’s individual tastes.

Agree On a Price Limit

Whether you’re purchasing for your co-workers or for your family, setting a price limit that you all commit to will help people feeling inadequate about their gifts.  Since not everyone has the same budget to be able to buy gifts which are over a certain amount, it can be frustrating to see your gift alongside one which obviously cost more to purchase.

Therefore, set a limit agreement with your friends and family and save everyone the hassle of comparing themselves to each other.

Since Christmas should be about love and generosity and not about what price tag is attached to it, this can be a great way to keep you on the right track of what the holidays are truly about.



I'm a real mover and shaker in the finance world. I work with some top names in finance as a consultant and am bringing that experience to you. Graduate and personal finance specialist.

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