It’s the first week of December and Christmas day is fast approaching. To everyone working in the corporate world, this also means that their 13th month pay and Christmas bonuses are already here. If you’re lucky enough, your company may also be giving a 14th month pay to their employees.
Having an extra month’s salary in your hands, you now have an extra budget to buy gifts for your love ones. However, there are still others who despite the fact of having their bonus, they are still would lack budget. Thus, I’ve listed below 10 ways on how you can save and spend less this Christmas season.
Before you go to the mall and buy gifts for your love ones, make sure to spend time first to create a list of the people that you’ll be giving gifts and how much budget are you willing to spend for them.
2) Avoid shopping at the last minute.
Last minute shopping means more people on the mall. This could be a hassle especially if you are buying gifts alone. You sure don’t want to line up at the cashier for hours. Instead shop first thing in the morning as there are less people durin this time. You’ll be leaving yourself plenty of time to shop. Avoiding busy shopping times will make your Christmas shopping a bit easier.
3) Avoid bringing credit cards as you shop. Bring enough cash instead.
When I was still in the corporate world, I got a credit card with a high credit limit. I was a good payer and I even have advance payments on my card. This was a major mistake for me. Since I was paying in advance, I was confident to swipe my card whenever I see something that interests me whenever I go to the mall. Soon enough I just realize that I was actually spending more than saving. Hence, I paid all my debt and closed my credit card. Now, whenever I go to the mall, I just bring an amount which would fit my budget. Don’t bring too much excess cash as it might tempt you to purchase more than what you need.
4) Avoid buy 5 get 10% discount and the like.
This can be a way for stores to earn more from you. You might think that you are getting a discount when you see these promotions, but the truth is, you are actually spending more than what you initially intended to do so. Also, think carefully before you purchase an item in bulk, make sure that you will use or give everything as a gift. Otherwise, the extra items might just be stuck in your closet or somewhere in the house.
5) Try a new approach to giving presents.
It doesn’t always mean that you need to buy new stuffs to give as a gift. You can actually regift unused things that you have or old stuffs that you no longer use provided that they are still in good condition. The spirit of Christmas isn’t about giving expensive items, it’s about giving gifts that came from the heart.
6) Do your research.
Don’t immediately buy when you find a gift on one store. Try to compare prices first on different stores then buy on the store which offers the lowest price. Keep your eye out for discounts and promotional offers. Be careful if you plan on shopping online. Sometimes, adding up delivery charges could be more expensive than going to the mall.
7) Make a promise that you won’t buy anything for yourself.
Always remember that you went to the mall to buy gifts for your love ones and not for yourself. When you’re shopping for gifts, it’s easy to be tempted to buy for yourself. Keep in mind that Christmas is all about others, not just you. When you get home, you’ll then realize that you saved yourself from spending too much because you were able to avoid buying for yourself. (An exemption to this is if you included yourself in the list of people you’ll give a gift too. Of course you need to reward yourself for your hard work. ^_^)
I hope this article taught you something about how to achieve success.
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