The holiday season is that time of the year when you keep your ambitions and dreams on hold and think about shopping and gifting. But you are not alone as the holiday fever is currently at its all-time high. In the United States alone, retail sales are projected to increase by 3.8% this holiday season. While it’s okay to splurge a little, it’s vital to be careful with your holiday shopping and not exceed your budget. One way to be within your budget is by keeping an eye on deal news for the latest discounts and sales so you can make the most out of your holiday budget.
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What Money Saving Tips Can You Try Before the Holidays?
If you’re an avid shopper and generous gift-giver, it can be tempting to spend all you’ve been saving all year to give your loved ones the perfect Thanksgiving or Christmas gift. Fortunately, there are things you can do even before the holiday to save money for your niece’s Christmas gift. Take a look below
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1. Set a Budget as Early as Now and Save for It
To avoid leaving permanent damage on your bank account, budget for your holiday spending as early as now. Set a budget for what you’re willing to spend on each of your loved ones, and start working on it before the holidays are here.
2. Earn Shopping Points
Whether you are an avid shopper or not, get a reward card from the retail shop, you usually find yourself buying from the most. This will enable you to earn points that you can use to reduce the amount you spend during your holiday shopping. Also, get a credit card that offers cashback on holiday purchases to reduce costs even more.
3. Stash the Dollar Bills Away
On top of creating a reasonable budget and earning reward points, another way to save in preparation for the holidays is to stash those dollar bills away every time you get them as change. For instance, you can choose to keep away all 5 dollar bills you get as change after you shop or pay for fuel. By the time you realize it, you’ll have kept away enough money to cover half your holiday shopping budget.
What about During the Holidays?
If the holidays are already upon you, then don’t fret as it’s still possible to save money on shopping. Here is how:
Keep Track of Online Sales
Just like you, online shopping platforms such as Amazon and renowned retailers such as Walmart are usually very generous on holidays. According to Deal News, Walmart began rolling out Black Friday specials as early as October 30th, while Amazon recently announced significant Black Friday deals. Maximize these sales as they can substantially save you money. To stay in the loop of similar as well as the newest sale discounts around the web, subscribe to Deal News today.
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Don’t wait until the last minute to take advantage of the sales. Shop as soon as you’re aware of new sales so you can get the best deals as well as avoid the nerve-wracking queues at stores and online delays.
Grab your Best friend and Go shopping
You’re often required to spend a particular amount of money before you can redeem some coupons. If you didn’t plan on spending that much but have that type of coupon, then grab your best friend and go shopping. This way you’ll reach the limit and enjoy the discounts.
Simply because it’s the holidays doesn’t mean you blow away your entire savings. It’s okay to spend and have fun but also take advantage of the countless money-saving opportunities available at your disposal.