'Tis the season to start saving
No feeling is better than seeing your loved ones react after they open the gift you got for them. Now, of course, we still have other holidays (Halloween and Thanksgiving) coming up before Christmas arrives, but the jolly holiday will be here before you know it! It’s best to start saving as soon as possible so that you can have all your funds available when those holiday sales arrive.
Here are a few tips:
Set a Goal
Before you start saving, set a goal for how much you are willing to spend on your holiday shopping, including the amount of money you’re willing to spend for Thanksgiving and Christmas dinner. That way, you have an idea of how much money you need to start a budgeting plan. Setting a budget is essential when it comes to saving for huge purchases during the holidays. That way you can slowly start putting money aside weekly to reach your goal.
Keep a lookout for deals
Sales will be coming in left and right from each store, and the best time to shop for deals are during Black Friday. However, you should always keep an eye out for deals online. Stores have huge discount online on items during Cyber Monday (the following Monday after Black Friday). Also, Amazon has limited-time sales during their 12 Days of Deals in December where you can save huge on some of the most popular items! Be quick, because items will sell out!
If you’re willing to save more money on Christmas gifts, you can use your creativity and create DIY gifts for your friends and family. Pinterest and Instagram are great social media accounts to turn to for some great ideas on what to make. Once you have an idea of what you want to make, you can head over to Dollar Tree or Dollar General to get some great supplies at a low cost! Now is a good time to have some ideas of what you can make so that you can be prepared. It doesn’t hurt to start early!