Ways to Save on Holiday Shopping

For some, the holiday season is a time of to be merry and have fun. For some, the holiday season is a time to wage war, war against the budget. According to surveys, most Americans spend the most during the holiday seasons, especially in the last three days before Christmas. This just shows that most people like to do their holiday shopping in the last possible minutes. This is not an ideal, as the prices of the things they will buy will surely increase by that time. Here are some ways to save on holiday shopping so you will not be broke after the holidays.

Plan early
If you can plan early and set up the budget for the gifts you will buy, then you will not overspend. Make a list of all the people who will receive a gift from you, and then set a limit on how much you are to spend on the gifts on each of them by dividing your gift budget. This will be a good way to give gifts to everyone important to you and not spending over what you have.

If you are planning to give a gift that is not available yet, then you can pre-order that item. Pre-ordered item often has a discount. Examples of items that can be pre-ordered are books, video games, and movies.

Look for Sales
When the holiday season is near, most merchants will have a sale. This is a good time to shop for gifts, as prices should be lower. Look for announcements when these sales will happen, as most of them are often limited to specific number of days. Shops often announce when they will have their sale on their website or their social media page. Furthermore, look for some clearance sales, which some shops do during the middle and near the end of the year.

Look for Discount Coupons
Many websites give discount coupons on certain items. If you are lucky, you might find a discount coupon for a gift item you are planning to buy. Check for coupons online regularly as different coupons appear from time to time and some coupons are limited to certain number of people or only available only on specific dates.

Shop early
Holiday shopping does not mean it should be done during the holiday season. The best way to save is to buy the gift items when their prices are at their lowest. The prices of the gift items are priced highest during the holiday season because of the high demand for them. Therefore, shop around for gifts when less people are buying them as their prices will tend to be lower.

Create your own gifts
The best way to save money from gifts is to do the gifts yourself. It may be time consuming but the amount of money you will save will be bigger. For example, you want to give someone a scarf. Instead of buying a scarf on the store, you could knit one and save money.

Shop Around Different Stores
If you are looking for an item, try looking for it in different stores. Chances are, different stores will have a different price on the same item. Try to look for that item online too. You will most likely find a shop or online seller selling that item at a much cheaper price.

About The Author

Keroy King

Keroy King is a Financial Educator, Podcast Host, Keynote Speaker & Empowerment Expert, residing in Los Angeles, California and the Founder of "Life Then Finance" a community where she coaches individuals to overcome personal and financial obstacles that are holding them back so they can quickly and effectively live a full-filled and purpose driven life. Even when they think the odds are stacked against them. She is also an online course creator & instructor of several personal finance and personal transformation online courses.