7 Tips to Save Big This Holiday Season

November 26, 2015 in Finance / Sensible Living

It’s official! Today marks American Thanksgiving, tomorrow is Black Friday. This means that the holidays are approaching quickly. Do your palms start to sweat a little as you  consider how you will purchase all of the gifts, plan the holiday meal and give to charity on your budget?

Here are 7 tips to help you save BIG this holiday season and eliminate financial stress.


1. Set a Budget & Stick to Cash

Set a budget and stick to it! It’s so easy to spend more than you can afford once the holiday sales and shopping events begin for the year. If you know what you can afford to spend, and you exercise willpower to stick to your budget, you can eliminate a lot of financial strain. Take out the amount of cash you can afford to spend and once that is done, so is your shopping. It does not get any easier than that!


2. Allow for the Non-Gift Expenses in Your Budget

After you know your budget for the holiday, decide how much you can afford to spend on dinner, and extras such as candies, holiday cards, and postage. Deduct those amounts from your budget. Make sure you include all of the little things in your budget, from postage to gift wrap. Making an oversight such as forgetting to budget the holiday meal can cause waves of stress as the holiday draws near.


3. Make a List of Items You Want to Get and Watch for Sales

Make a list of items you know you will purchase, such as gift wrap, holiday cards, a turkey for the meal, baking supplies and gift items. Every week check the sales ads at the stores you frequently shop to see if an item on your list is going to be on sale at significant savings. This can really help you save big this holiday season.


4. Set Spending Limits on Gifting

After you have your list of expenses to get ready for the holidays, you know how much you can spend on your loved ones. Make a list of who you want to purchase gifts for this year. You will spend more on some than others. Budget accordingly. You might set a limit of $25 per relative or $10 per co-worker gift. Knowing how much you can spend on each person makes selecting a gift much easier!


5. Consider Making Handmade Gifts

Consider making gifts for some, or all, of the people on your shopping list. If you love to bake give your neighbors, co-workers and friends homemade cookies. If you are crafty, make something that they cherish for years because it came from you!


6. Take Advantage of Online Sales

Online Shopping has many perks including free shipping, coupon codes and best of all being able to being able to use a cash back site to maximize your savings.  Search for items you wish to buy to make sure you are getting the best deal.  Make sure to sign up for email offers from your favorite shopping sites!!  Most retailers offer a 10-20% discount on an item, or your first purchase just for signing up!  Also look for any product rebates available!


7. Save on Gift Cards

If gift cards are on your list of items to buy, watch for the special deals that start popping up around the holidays. I often see chances to earn a $25 gift card for every $100 spent- that is like giving a free gift to someone on your list! Just about everyone loves gift cards and you’ll love the savings this holiday season.


The most important thing to remember this holiday season is not to spend more than you can afford. Budgeting is very important for saving instead of going into debt. I hope these 7 tips will help you save big this holiday season!


If you have a money saving tip for the Holidays,  I would love to hear about it.

Leave me a comment below and let me know!


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  • Reply Elizabeth B January 11, 2016 at 12:20 pm

    Setting limits on gifting is the tough one…thanks for the tips!

    • Reply admin January 14, 2016 at 8:09 pm

      It can be tough for sure! Easier with people who aren’t related lol

  • Reply mrdisco1 January 8, 2016 at 11:49 pm

    a budget is a good tip for year ’round

    • Reply admin January 14, 2016 at 8:14 pm

      Very true!

  • Reply Nicole a December 11, 2015 at 9:46 am

    I started shopping early and I feel like I spent more this way by forgetting what I had previously bought!

  • Reply Amanda December 2, 2015 at 9:18 am

    Thanks for the tips! We’re really bad when it comes to the kids and setting a limit but with everyone else we have a maximum that we will spend and almost never go over it 😉

    • Reply admin December 2, 2015 at 2:57 pm

      I can totally relate to that! It’s hard not to want to go over with the kids!!

  • Reply aliyadaya December 2, 2015 at 12:07 am

    Great tips! I am a huge fan of online sales as they tend to be steeper than regular retail stores; plus I do not have to fight the crowds of rude and crabby people!

    • Reply admin December 2, 2015 at 2:58 pm

      UGH crabby crowds of rude people! I’ve done 60% of my shopping online this year so far!

  • Reply Jennifer December 1, 2015 at 10:24 am

    These are great tips. I’m a big fan of budgeting. If you don’t have a budget, you’re guaranteed to have bad holiday mojo.

    • Reply admin December 1, 2015 at 2:16 pm

      100% Guaranteed!

  • Reply Stefany December 1, 2015 at 9:42 am

    These are wonderful tips. We don’t overspend because we only buy a few gifts for each child. It would be so easy to get carried away though!

    • Reply admin December 1, 2015 at 2:18 pm

      I think we all wish we could get carried away as its fun to spoil them every now and then. Just do what you can with what you got and don’t worry about the rest!

  • Reply valmg @ Mom Knows It All December 1, 2015 at 6:21 am

    These are all very sound tips. Also, if you can buy really far in advance, consider shopping day after Christmas sales for the next year.

    • Reply admin December 1, 2015 at 2:22 pm

      I do that every year! Great way to stock up on Christmas necessities at 50-90% off!

  • Reply asouthernceliac November 30, 2015 at 9:59 pm

    I love making homemade gifts. Cookies or homemade candy don’t cost too much to make, and they’re always well received.
    -Brittany W

    • Reply admin December 1, 2015 at 2:22 pm

      We did that last year! Baked up a storm and bought some cute little Christmas boxes from the Dollar store. It was fun and everyone loved it!

  • Reply Erika November 30, 2015 at 8:11 pm

    Setting limits and keeping to a budget really are important. These are great tips.

    • Reply admin December 1, 2015 at 2:23 pm

      I agree. You don’t want to have to dig yourself out of last years holiday debt in the new year!

  • Reply Cheryl November 29, 2015 at 3:19 pm

    I am lucky I have a lot of points from retailers that I save year round and cash in for free gifts 🙂

    • Reply admin December 1, 2015 at 2:24 pm

      Great tip Cheryl! Our drug store is my favorite. Save up all year and then cash out on mega redemption days! SCORE!

  • Reply Onica {Mommy Factor} November 28, 2015 at 8:07 am

    Wow! awesome tips. This would be very helpful especially this holiday season to keep the budget. Thank you so much for sharing this wonderful tips.

  • Reply MyTeenGuide November 27, 2015 at 3:51 am

    These are awesome tips. Having a budget and sticking to it is important.

  • Reply Aubrey November 27, 2015 at 12:37 am

    Making a budget and sticking to it can be hard. Especially if you see a great sale, but your already over budget for that person. I like the hand made gift idea. My family was doing that for a while and it always turned out really cute.

    • Reply admin December 1, 2015 at 2:28 pm

      Totally especially when you see a great sale! I love the hand made gift ideas too. I think we all need to get back to that a little!

  • Reply Ginger Mommy November 26, 2015 at 11:30 pm

    I check all the flyers and see where the best sales are. I will buy most of my gifts this weekend during Black Friday and Cyber Monday.

    • Reply admin December 1, 2015 at 2:29 pm

      Have to be quick for those online deals! I tried to get something and by the time I’d registered my cart – it was no longer available 🙁
      Tip* always make your accounts before you need to buy a time sensitive online deal! lol

  • Reply Elizabeth L November 26, 2015 at 11:29 pm

    I write a list and stick to it. As much as I am tempted to buy other things. I stick to what I have on the list. That really helps me save money.

    • Reply admin December 1, 2015 at 2:31 pm

      That is the best type of discipline to have. It will always save you money!

  • Reply mommyblogexpert November 26, 2015 at 10:57 pm

    All your tips are excellent. But I think the one that resonates most with me is that you need to set a spending limit before you start your holiday shopping so you don’t spend more money than you have.

    • Reply admin December 1, 2015 at 2:33 pm

      That is very important, but for it to work you have to figure all expenses. Gifts, meals, travel, entertainment etc. and really work within your means!

  • Reply tammileetips November 26, 2015 at 9:59 pm

    These are great tips!! It is so easy to overspend and get caught up in the deals and savings.

    • Reply admin November 26, 2015 at 10:10 pm

      It really is! Have a wonderful holiday season 🙂

  • Reply Jeanine November 26, 2015 at 8:06 pm

    Great tips! I have a strict budget, and set limit for all my kiddos and am really hoping I can stick to it! These are some tips I’ll be having to follow!

    • Reply admin November 26, 2015 at 8:54 pm

      It’s tough but essential for good financial health to set a budget and stick to it. As parents, we want to go above and beyond but not when it puts us in the red!

  • Reply Jenna Wood November 26, 2015 at 5:18 pm

    We rely on prepaid debit to keep our holiday spending budget in line. These are all great tips though, it can be hard to stay on track this time of the year.

    • Reply admin November 26, 2015 at 8:54 pm

      Pre-paid debit is also a great way to keep holiday spending in line!

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