We love to give and receive gifts, but we don’t want to overspend. With these tips we can have a generous and abundant holiday and still have money left over:
1. Make a List. Before compulsively buying gifts for others and for yourself this holiday, write down each recipient and the maximum (yes, the maximum) dollar amount you would like to spend on the person. At the top of your list, write the maximum total amount that you will be spending on holiday gifts. You may want to review your monthly and/or yearly spending plan and come up with a number does not overstep your spending plan goals.
2. Bring Your List When You Shop. This curbs compulsive buying. Stick to the list. You will thank yourself later!!
3. Remember It’s The Thought That Counts, not necessarily the amount.
4. Get Personal. Instead of buying the most expensive gift you can, try to buy thoughtful, less expensive, and more personal gifts. Some examples of inexpensive but thoughtful gifts that people enjoy are: baking a batch of delicious chocolate chip cookies and wrapping them in a beautiful but inexpensive holiday bowl, spending an afternoon making chocolate covered strawberries for family and friends and wrapping them in clear wrapping paper with a beautiful bow, making “coupons” for loved ones redeemable for 1) a romantic dinner cooked at home 2) a candlelight massage 3) homemade dessert and champagne, 4) a picnic in the park. Try to think of things you can “do” for gifts instead of buying presents.
5. Scope Out The Sales. At holiday sales, you can find great gifts for 30% to 40% off regular prices. If something you want to buy is not on sale, do not be afraid to ask the salesperson if and when the item will be on sale. Give your name and phone number to the salesperson and ask them to call you when it goes on sale. They want to make the sale too, and will often call you to tell you when the item has been discounted.
6. Have Fun. Lastly, have fun with gift giving and receiving! As long as you keep within your total spending amount, bring your list with you when shopping and curb compulsive buying, you will have fun with the holiday season!
