8 Ways to Save Money on Christmas Gifts

8 Ways to Save Money on Christmas Gifts

Christmas is a wonderful time of year. A time where family and friends come together to exchange joy, laughs, and gifts. Many people enjoy sharing gifts with others, often despite their actual gift-giving budget. For those looking to save a bit on gifts this year or you simply let Christmas fall upon you, here are 8 ways to save money on gifts for the holidays.

  1. Make a budget. Consider everyone you would like to get a gift for and about how much in total you can afford to spend. Create a break-down on how much you will spend on each person and try to stick to it. It is easy to overspend when making multiple purchases without a plan,
    especially when buying gifts for others.
  2. Start early. The sooner you begin getting your gifts the better. Instead of waiting until the end of the year to begin checking items off your gift list, get a few items at a time over the course of the year. This will alleviate a ton of stress and pressure during the holiday season.
  3. Black Friday/Cyber Monday specials. These are the biggest spending days of the year where retailers drop prices to bottom barrel amounts. This is a great opportunity to snatch some great deals on top-of-the-line items
  4. Use gift cards. Often retailers offer deals on gift cards at a discounted price. Some places may offer 5%-30% off or offer a deal like “Buy a 100$ gift card get 20$ off!”.
  5. Utilize social media. This is the age of social media and retailers know this. Follow the retailers that you intend to purchase from on Twitter or Facebook. You may catch weekly deals or money-saving discount codes.
  6. Ask for a discount. I know this seems a bit, cheap, but asking a retailer for a discount is a great way to save money on gifts. Maybe they can make you aware of deals or specials that are going on.
  7. Search for discount codes. Check Google or Bing to see if any discount codes are available for the store you want. Chances are, you’ll find one.
  8. Give group gifts. When purchasing for members in the same home or office, consider giving a group gift. This could be something edible or maybe an item that everyone can enjoy, like candles.

Do not let buying Christmas gifts ruin your New Year! Give everyone on your Christmas list not only the gifts they deserve but the gifts YOU can afford. Use these tips to help save money and maximize your gift-buying potential! Merry Christmas and Happy New Year!

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