Simple Tips for Saving Money This Holiday Season

The holiday season is upon us and although the festivities mean fun, family and much-needed downtime, the season can also be notoriously tough on your wallet. Here are a few of our tried and tested tips to keeping to your budget this festive season.

Avoid buying new clothes for holiday events. 

If you’re prone to the occasional shopping spree, this tip is for you. Resist the temptation of purchasing a new dress for each of your end-of-year functions. Stick to your trusted favorites, if you’re desperate for a new look, lend something from a fashionable friend.

Simple Tips for Saving Money This Holiday Season

Suggest Secret Santa 

This holiday tradition is a great way to save money when it comes to buying gifts for your family and friends. If you’re attending a large gathering, suggest the fun game to avoid the cost of buying each attendee a gift. This way, you’ll only buy one gift and everyone will have a little extra holiday fun.

Opt for a potluck meal 

Feeding the hungry bellies of your extended family can add up. Assign family members to bring different dishes to gatherings. This will keep your food costs in check while allowing the event to be a collaborative effort.

Simple Tips for Saving Money This Holiday Season

Get creative with your gifts

As the old adage goes, it’s the thought that counts. Instead of splurging on a selection of over-priced gifts, think of unique, sentimental and creative ways to show your loved ones that you care. Offering your time rather than a gift is a wonderful gesture. Perhaps you have a skill to offer, a talent to teach of a nephew to babysit?

Recycle with your decor

Making your home and your gifts look beautiful needn’t require costly decorations and embellishments. Make it a green christmas by making your own wrapping paper with potato stamps or hand-drawn details. Experiment with organic features on your tree like cranberries, dried citrus slices, cinnamon sticks or found objects like pinecones. This is a lovely way to cut back on costs and make your celebration a little kinder to the environment.

Simple Tips for Saving Money This Holiday Season