November 9, 2017 | Posted by: Moneymax | Personal Finance
November 9, 2017
Shopping season is on full swing since September. We know you want to find the best gifts to make your loved ones feel special. However, you might be worried about spending too much money. Hence, we will show you how you can maximize your gift budget and the joy of giving this season.
Here are 10 ways to save money before Christmas day:
It may sound simple but this task can save you a lot of money because it will eliminate impromptu shopping for people you do not intend on giving a gift to. We all have a lot of friends, business contacts, and acquaintances that deserve a gift but it is through prioritization and planning that we can allocate our finances properly.
Check your Christmas gift list before going to the mall. For those who already have one, here are some questions to ask before heading out and buying gifts:
Re-gifting is the process of giving a gift you received to someone who would like it better or would benefit from it. If you usually receive gifts that you cannot find a use for, re-gift them to people you will meet after the holidays.
A few things to remember are:
You can get the best out of your exchange gifts if you ask for everyday items that you can use. This is a utilitarian way of reducing your expenses and still getting a gift you need for the holiday season.
Some of the items you can ask for are:
You can use magazine pages or newspapers to wrap your Christmas gifts. This can save you a lot if you’re planning to give plenty of gifts this season.
You can also save money by giving services as gifts. This can be free massages, free babysitting, or a free car wash service for your loved one. That would mean a lot to them and can also give you more reasons to bond.
If you have unused gift certificates or reward points in your credit card or loyalty cards such as SM Advantage, Mercury Drug Suki Card, or Laking National, you can use them to buy gifts without any cost.
Some examples of gifts you can get are:
Last-minute sales are a great way to score 40% off up to 70%. There are a lot of Christmas sales that can help you save money this season.
There are a lot of online portals where you can set up an online shop to sell your pre-loved stuff:
You can organize activities everyone will enjoy yet not break your bank. Some activities that are budget-friendly and enjoyable are:
One does not need a lot of money to make the Christmas season special. Be creative and remember that this is more about spending time with your loved ones and having gratitude for all the great opportunities you received this year.