- Set a budget. I know you have heard that time and time again, but it truly is the best way to keep costs under control while shopping. Be sure to include funds for travel and activities as well. Scarcity of funds will help you determine what items are truly important for the holidays.
- Make a list. Santa does it, and so should you. Decide which items belong on your list. Presents are easy to define, but don’t forget about things like wrapping supplies, postage for holiday cards, and packages for the mail. Decide whether groceries come out of your Christmas budget or your regular grocery money. If you decide early, you have a better chance of staying onboard.
- Shop ads carefully. Use the advertisements to help you make your list and find the best prices for items. But don’t buy stuff just because it is on sale. Be sure each item has a purpose.
- Use coupons strategically. Retails are trying to entice you into the stores and coupons are one way that they get you there. Use coupons only for items that are already on your list. This helps prevent those impulse buys at the last minute.
- Have some ‘mad money.’ There is always that perfect gift you will find for Aunt Sue, even though it wasn’t on the list and you already bought her something. Budget some extra so you don’t feel guilty for buying it. Or that nice scarf for yourself.
Every year I know I spend too much at Christmas. This year, I am making every effort to keep spending down. Here are my Top 5 shopping ideas to stay in check.
Thanks for reading!
Think of me as your Mom - I'm hear to listen, give sage advice, and help educate you with your finances. As with all Moms, sometimes I have to dish out tough love so you can reach your goals.
Pathfinder Planning LLC Blog posts are general in nature and do not constitute the rendering of legal, accounting or other professional service advice. A blog post represents the opinion of its author only. Pathfinder Planning LLC is not responsible for the accuracy or validity of content of third party posts.
Pathfinder Planning LLC is a Registered Investment Advisor in North and South Carolina.
Statements on this website do not represent an offer to sell services outside of North and South Carolina.