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5 Ways to Save Money on Christmas Shopping

By December 13, 2012 March 23rd, 2021 Blog, Consumer
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With the holiday season approaching, it’s likely that you’re making a list and checking it twice.  While retailers offer plenty of sales leading up to Christmas, to make the most of your budget it’s important to plan ahead in order to ensure that you’re really getting the best deal.  Read our tips below to help you save money on your Christmas shopping this year.

Set a Budget

Write down the names of friends, family, and others that you’d like to buy for this year.  Once you’ve settled on your list determine how much you’d like to spend on each person.  Be realistic about your current financial situation when you’re setting your budget.  Once you’ve got it figured out, stick to it.  Remember, you set those limits for a reason.

Get Crafty

Rather than purchase a gift for everyone on your list – why not make one instead?  Visit your local craft store, do a Google search, or browse holiday craft ideas on Pinterest to find the perfect personalized present.

Do Your Research

Once you know who you want to buy for, think about what you’d like to get them.  After you’ve made up your mind, monitor the item at different stores to try and find the best price.  Most stores offer sale prices and discounts leading up to Christmas, so do your research to try and get the best deal on every gift.

Be ‘Friends’ with Your Favorite Retailers

If there’s a certain store where you’ll be doing most of your shopping, consider liking them on Facebook, or following them on Twitter.  By connecting with your favorite retailers on social networks, you could be eligible for additional insider savings and discounts.

Plan a Gift Exchange

For large groups of friends and extended family, plan a gift exchange instead of buying for each person.  Draw names from a hat or host a gift exchange games night.  There are plenty of variations of fun gift exchanges, with some even allowing people to steal presents while ensuring that everyone goes home with a gift.  It could be the start of a new Christmas tradition!

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