If you’re like most people at this time of year, you’ll be starting to feel the financial pinch and pressure of having to prepare for Christmas. Unfortunately, Christmas can be a financially stressful time for many families who often feel the need to keep up with the Jones’ in terms of ensuring their children have the best toys, gizmos and gadgets.
Indeed, this new level of consumerism is taking away from the true spirit of Christmas, which for most people aside from the religious connotation some people subscribe to, is one of family time and togetherness. Of course, it’s also one of over indulgence when it comes to food and alcohol, which again can be put pressure on a tight budget.
In this vein, here are five ways you can save money on Christmas Present:
- CREATE YOUR OWN WRAPPING PAPER
It’s amazing how much people will spend on decorating their gifts, from ornate bows to the most expensive sheets of premium wrapping paper they can find. Yet, if you’re creatively minded, you can put together some wonderful decorations presuming you have some high quality glue sticks and a little time on your hands.
- BUY WHEN THINGS ARE ON OFFER
In the coming weeks, there will be a number of items that are on special offer – particularly as we approach the infamous “Black Friday” and “Cyber Monday” sales. In this way, you can purchase items at a reduced cost rather than stockpiling your shopping list until the weeks before Christmas when few things are discounted due to increased demand.
- BUY AFTER CHRISTMAS
If you have relatives that you know you won’t be seeing until after Christmas, then head into the Boxing Day sales and buy the gifts as you’re likely to get them at a significant discount – thus saving heaps of cash in the process.
- SHOP AROUND AND BUY ONLINE
Shopping around online takes a lot less time than shopping around in a shopping mall, so take the time to shop around for the best price as this can help you save quite a bit of money – there are also several comparison websites that will compare the cost of an item in multiple stores, similar to how travelsupermarket can help save you money on your summer holiday.
- EXPERIENCES OVER GIFTS
Many people appreciate experiences over gifts, and sometimes experiences can cost much less than gifts, as you can make things extra special without having to pay out loads of money. For instance, if your partner loves being pampered, you could create a voucher that entitles them to a “pamper evening” which has a list of treatments they can choose – from a homemade facial to an homemade exfoliation scrub and relaxing massage. This wouldn’t cost much money but is a wonderful gift to offer someone, and is much more personal than buying a voucher to an expensive spa.
*This is a collaborative post.