10 Tips To Save Money On Christmas

Posted by Vladmir Garvin on August-18-2012 under Save Money

Here are 10 tips to save money on christmas. Christmas holidays are the periods when most families end up with high debts and loans to pay. Want to save money this Christmas? Here are the tricks.

  1. Shop around: Prices of many items normally hike during Christmas. At the same time, it is during such times that the prices are also most vulnerable and are bound to change from one store to the other. Always compare prices from different stores and determine which store sell at the best prices. You should then buy all your goods and services from such stores and this will help you save money during this Christmas.
  2. Ask for discounts: Whenever you go shopping, do not hesitate to ask for discounts on the goods you have bought. Remember many stores always want to retain their customers, if not attract more. They will therefore award you some discounts off the marked price that you can use to cut on your budget.
  3. Shop from discount stores: Discount stores sell a wide variety of family goods at great discounts. You should always buy your Christmas gifts and shopping from the discount stores. You will spend less and have end up with smaller budgets.
  4. Shop online: There are many online trading sites that you should consider visiting whenever you want to buy something at a great discount. Sites like eBay, Amazon or Shop.com have goods and Christmas gifts sold at amazing deals. They are some of the best online platforms to grab cheaper commodities from.
  5. Buy in bulk: Goods bought in bulk will usually qualify for some discounts. Moreover, it is also cheaper to buy items in large packs as compared to buying them individually. You should however be careful when buying food in bulk as food requires efficient preservation systems and conducive storage locations. This is to avoid any wastage.
  6. Learn to repurpose and reuse: You should tech your family how to repurpose and reuse different items and foods this Christmas. There are usually large quantities of food that go to waste during Christmas and you should avoid this. Make meals out of leftovers and preserve them well. You can also make tablecloths out of old clothes. This is very helpful especially during Christmas as it helps save a lot of money.
  7. Be conservative: Be as conservative as possible. Avoid wasting home materials like tissue papers, towels and even bar soaps. You should be conservative with everything that you have to ensure that it lasts long enough. You won’t have to frequent the stores, this way, and you will save thousands.
  8. Use coupons and special deals: Use coupons and special deals available to reduce the amount of money you spend on an item. There are many shopping coupons online that you can use to buy good Christmas gifts and foods. During Christmas, many stores also organize for many promotions and special deals in order to attract more customers. Use all these to your advantage for big savings. Also, check out our post on how to save money on Christmas gifts.
  9. Make good budgets: It is absolutely necessary to make good Christmas shopping budgets and to stick to them. Many people who overspend or spend on unnecessary items do so because they lack good budgets. With a good budget, you will never go to a supermarket during Christmas holidays without a shopping list. This is what will guide you while shopping and help you stay within your budget. Good budgets are always real money-savers.
  10. Barter for products and services: Consider bartering goods and services with your family members, friends and neighbors. You can use your free time to babysit for your neighbor in exchange of similar services or even money. There are also some stores which allow literal barter trade where you can exchange an item that you no longer need for that you need. Make use of all these to save more money during this Christmas.

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