If you haven’t started your holiday shopping yet, now is the right time to do it. It’s never too early to shop for all the gifts on your list and the countdown for Christmas is on. There is still time for you to score some of those great Christmas deals! Here are 5 tips to save on Christmas gifts this holiday season:
5 Tips to Save on Christmas Gifts
Use A Budget
Christmas is the most wonderful time of the year offering incredible attractions and the most amazing things. It is very easy to get carried away and overspend. However, no matter how wonderful Christmas is you have to be prudent and overcome the impulse of the holiday. A written budget is your partner and ally in making sure that you allocate and spend only what you can afford on Christmas gifts, including décor, charity, food, and more. Dividing the budget in categories will help you get an overall picture of what you will actually be spending this holiday season. For help with creating a budget, read this post on free templates or this post on Power Wallet.
While budgeting helps allocating amounts, a gift list helps you stick to your budget and not go overboard. The important thing is for you to identify the perfect gifts and find the best deals on them; that should be your objective and that’s why you need a gift list. Make sure you include the recipient and several gift ideas next to each name. You can easily keep track of what you buy and see which ideas would work better for someone else on your list.
As mentioned earlier, your goal is to find the best deals on the perfect gifts so make sure you check prices not only in weekly flyers. Online daily deals are a great joy during the holiday season as they offer extraordinary gifts at the most fabulous prices. However, that means that you are basically on a hunt for best prices. When an offer seems really too good to be true, research prices with other retailers and make sure that you are really getting the lowest price and you are not letting yourself get tempted by the extraordinary difference between the suggested retail price and the sale price.
Avoid Unexpected Gifts
Sometimes your gift list simply overlooks certain people and you get an unexpected gift without having one to offer in return. Other times, you may go to an unexpected party where you have to take a gift with you but you haven’t purchased it since it wasn’t on your list. In all such situations, your budget will be thrown off by unexpected gifts that you have to buy in a rush. In order to avoid that, you can always add two or three extra gifts to your Christmas gifts. Make sure they are generic gifts, such as a bottle of wine or gift cards that will fit any person it goes to.
Christmas is the best time to give a gift to someone who truly needs it. It may not seem like a money-saving tip, but taking time to purchase a gift and give it to someone in need will be the best reward for you this holiday season. Remember that every child deserves to receive something truly special over Christmas and there are so many charities where you can drop your gift and bring Christmas to the truly poor too.
[Editor's Note: Be certain to read about how using ebates and online shopping malls can save you 5%-20% on all of your purchases as well!]