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gift giving

Money Saving Tips

How To Save Money This Christmas

how to save money this ChristmasChristmas can be a particularly expensive time for all of us. The cost of presents, food and booze all add up – and before you know it, your wallet/purse is empty.

So how could you save money this Christmas? Here are just a few of the simple (yet effective) ideas you could put in place to save yourself money over the festive period this year.

1.        Make your own gifts and decorations

You can, if you feel handy, make your own gifts and decorations. When I say make your own gifts, I don’t mean stick a few pieces of paper together to make a nice poster, I mean make your own jam, for example.

There are so many recipes available for you to try out online. Why not try to make your own Christmas pudding? Or what about your own wine? These will make great gifts for people who are looking to save money too – you never know, you may inspire them to make their own!

As for your own decorations – this is where you can get the paper out! Get creative and take yourself back to your school days. Make a big paper chain and stick it on the wall (or from one corner of the room to the other). Why not make your own tree decorations? You could get your kids to help you – they could make their own decorations and place them round the house.

2.        Make your own Christmas cards

This is a thoughtful idea that many people will appreciate more than you think. If you just went out and bought 50 Christmas cards, filled them out and posted them, then that’s nice – but you didn’t really put much thought into it, did you?

However, if you were to take the time to make your own cards (either by hand or on the computer), then people will appreciate it and you will save yourself money!

3.        Set yourself a budget

If you really want to save money this Christmas, then set yourself a budget. For example, you could set yourself a budget of £100 to buy everyone’s presents. This may sound impossible but it really isn’t.

There are all sorts of sales on at this time of year – you just need to sit down and search online. Failing that, trawl the high street stores for cheap items.

I found various cheap toys online, and I’m sure you can  too. Try sites like eBay and Amazon, they are packed with cheap deals.

 

Gifts

Save Money When Buying Greeting Cards

save money when buying greeting cards by shopping at the dollar storeGreeting cards can be a great way to cheer someone up or to acknowledge someone’s special event.  You don’t need to spend a lot of money on them for them to be meaningful.  I have found a lot of great cards at a local dollar store.  When I compared them with the more expensive card shops I found they are just as nice and they only cost $1.00.  The only down side is that some dollar stores have limited selections and seem to order the same ones year after year.  So, it doesn’t hurt to check out different dollar stores once in a while to get more variety.  Larger dollar stores often carry a lot more varieties including ones that look homemade and can be used for any occasion.

Especially around holidays, you can often purchase a whole box of cards rather than paying for them individually.  The best time to buy them is right after the holiday has passed for the following year as you can usually get them for 50% off or possibly even more depending on how quickly stores want to get rid of their inventory.  Although buying boxed cards is often cheaper, that’s not always the case, so be sure to compare prices.

If you’re creative and have some spare time, making homemade greeting cards can also be fun.  Cut pictures and letters from magazines or cards you’ve received in the past to decorate your card.  Stickers also work great for this.

You may think I am being a real tightwad when I am writing about trying to save money on something as small as greeting cards.  But my thought is if I can buy something of the same quality for $4.00 or $1.00 I am going to go for the $1.00 item every time.  Why pay 4 times as much for the same thing?  It just doesn’t make any financial sense.  Another option is to send free e-cards to your friends that you know use email frequently. They can be a lot of fun and they are free.

Gifts

A Unique Gift Idea – Your Time

If you don’t have time to shop or you really don’t have extra money to spend on a gift, give the gift of your timeyou can give the gift of your time instead.  Spend a few minutes making a homemade gift certificate for your loved one or friend offering a special service that would be meaningful to them. 

For instance, if you are giving a gift to a busy stay-at-home mom, offer to give her the afternoon off by taking care of her kids.  If you are friends with an accountant, offer to make her a meal during tax season.   If you are friends with a farmer,  offer to help him by cutting his lawn during harvest time. Or, if you have friends who are elderly, offer to drive them around or pick up their groceries, or just offer to make them a meal and spend time with them. 

There are lots of things you can do and it will likely mean more to them than if you had just gone out and bought them another knickknack.  Gift giving doesn’t have to be expensive, but it does have to be from the heart.  Your time can be a priceless gift.