Get Christmas Ready With Our Top 5 Holiday Saving Tips
It’s that time of year again! Christmas is right around the corner. Make the holiday season completely stress free with these savvy ways to save and make extra money before Christmas.
Tune in below to learn the best ways to get yourself financially ready for the holidays!
Organise Your Shopping Early
It’s easy to leave Christmas shopping to the last minute. Just another thing to prepare for in the lead up to the holiday season. Save yourself the overwhelming stress and last minute impulsive shopping choices by planning and purchasing your gifts in advance.
Retailers know December is the peak Christmas shopping season. Therefore you typically don’t see discounts in the few weeks leading up to Christmas. The last discount is usually black Friday, so our advice is get all your Christmas shopping done at least within the month before Christmas!
By shopping early, not only are you saving yourself the stress and madness that is the retail shopping world, but you may even find some of the best deals.
Take your Christmas shopping one step further by creating a list and researching in advance the prices of your gifts. Doing this beforehand will ensure you aren’t just grabbing the first thing you see. Making sure you are purchasing the item from the best priced retail shop beforehand.
Suggest Kris Kringle For Extended Family
Secret santa is fast becoming families preferred gift giving solution. Not only making present buying 10x easier, but even bringing a novelty to the day!
Kris Kringle is an office holiday staple, and essentially requires each individual to draw a name out of a hat (or via an online secret santa generator).
But it can be easily adopted to extended (and intermediate) Christmas family traditions!
What makes this novel family tradition so popular is it is extremely budget friendly. No forking out hundreds of dollars on multiple presents, instead you can choose a budget (could be $15-150) and spend that money on just one person!
This means you can put more effort into a thoughtful gift for that special someone. A much less stressful way to do Christmas!
Track Your Spending And Budget Accordingly!
It is so easy to spend beyond your means over Christmas time. Making it a ‘I’ll worry about it in January’ problem can set you up with a tight start for 2023!
Rather than overblowing the budget, why not spend the next month making a conscious effort to track expenses and budget accordingly.
By tracking your expenses you can avoid feeling the pressure in the months to come. This can also give you a realistic savings goal based on how much money you expect to spend over the holiday period.
An easy way to start your savings plan for Christmas is by writing down your monthly income, highlighting monthly expenses and subtracting from your monthly income. From here, you can determine how much you expect to spend on each individual’s present, and factor additional costs including travel, accommodation, food and drink expenditures.
Be Brutal, Reduce Unnecessary Expenditures
Take your budgeting one step further and look at where you can reduce monthly spends each month?
Have too many paid TV subscriptions? Haven’t made the most of your gym membership the last couple of months? Perhaps you need to cut down on purchases of your daily coffees.
By removing these expenses, you can move around this money into the Christmas fund and set yourself up with a growing income that sees you comfortably through the end of December!
Everyone wants to know how to save more money, so whether it’s Christmas, working towards a holiday, or looking to apply for a loan, this strategy should be applied across other areas in your life!
Boost Your Income…Sell Some Stuff!
Taking on extra side hustles has become a popular way to earn money. Examples of this include Uber driving, food delivery, virtual assistant, dog walking, offering your services freelance, or even becoming a mystery shopper.
Whilst they are a great way to boost your income, taking a second job can put a lot of pressure on yourself. Even if it is just some extra work at home, it can lead to burnout and isn’t sustainable long term.
Unless you are building a side business to work towards growing in the years to come, we wouldn’t recommend picking up intense side work just to make some quick extra income on the side.
Opting for quick cash solutions is the best way to set yourself up for abundance in money for Christmas.
Selling unwanted items is one of the best ways you can cover the extra costs of Christmas whilst taking the opportunity to remove some of the clutter from your life.
This will not only give you a bit of extra cash to spend (or save) on those for Christmas, but also give some room for new and exciting things you receive for Christmas.
Many of us don’t necessarily want to have to sell a piece of furniture just to make a buck. So instead, look at areas you haven’t thought of when it comes to selling items for cash.
One area you can start looking at is any precious metal jewellery, trinkets, bits and pieces! Gold Buyers are leaders when it comes to online gold exchange. We will buy any precious metals from you, in any condition, from the comfort of your home! Simply head to our website
Selling gold jewellery for cash is a great way to make extra money at home without the hassle and inconvenience of other side jobs.
Ready To Make Extra Money For Christmas?
Order your mail-in pack with us today and make that extra bank in your back pocket within a week!
To help you through the holiday season, we’ll even offer you an extra 5% for your gold when you send back your mail-in pack to us within 5 days of receiving it!
Get started with our mail in process today and start working towards that healthy Christmas budget!
