Twinkling lights. Christmas markets. Mulled wine, mince pies and the annual Christmas adverts…
It’s easy to get carried away with the holiday spirit and find yourself spending a lot more than you’d planned!
At such expensive time of year, it’s a good time to take stock and make a plan to keep from overspending this Christmas season.
It’s wise to decide ahead of time how much you want to spend on all your gifts before you start shopping. Take stock of your finances and set aside a specific amount, then write a list for every person you need to get a gift for.
Putting it all in writing before heading to the shops or visiting Amazon will help you stay within your budget.
Right now is a great time to grab the best prices of the season on all sorts of goods (including our Black Friday UPW offer!), but it can also be very easy to buy something you don’t need or hadn’t planned on just because you spot a good deal.
Before you buy anything, remember your plan and decide if it’s a worthy purchase.
Remember: it’s only a good deal if it’s something you were going to buy already!
Making your own gifts can be a great way to save some money, and if you have kids it can also be a fun family activity.
This website has a great round up of adorable homemade Christmas gifts. Just be careful you don’t overspend on supplies!
What’s the greatest gift you can give over the holidays? Time well spent together. As the saying goes, the best present is your presence.
Tony Robbins has a good list of 25 free family holidays activities on his blog, many of which are also fun ideas for friend activities, like holiday movie nights or holiday party games!
Instead of buying someone a gift they may not want, consider making a donation to a charitable cause in their name.
As an added bonus, you won’t just be giving a gift that will make someone else feel good, you’ll also be supporting a valuable cause, sticking to your budget (since you donate an allocated amount) and cutting down on the cycle of waste and unwanted gifts that proliferates around the holidays.
That’s a win-win-win-win!