These simple strategies will help you save this holiday season.

The holiday season has arrived, bringing with it promises of fun family gatherings and perhaps even a few items that have been on your wish list. But seasonal activities can often be very expensive. Don’t let holiday expenses keep you from enjoying the most wonderful time of the year. Resist the urge to stress yourself and your finances by using these tips to help you take control of holiday spending.  

How to Save as You Celebrate the Holidays

November 9, 2016

Learn how to save this holiday season with these great tips.

The holiday season has arrived, bringing with it promises of fun family gatherings and perhaps even a few items that have been on your wish list. But seasonal activities can often be very expensive. Don’t let holiday expenses keep you from enjoying the most wonderful time of the year. Resist the urge to stress yourself and your finances by using these tips to help you take control of holiday spending.

Set a budget



Write down a list of your priorities and allocate realistic amounts to each category. Party supplies, plane tickets and presents are a few items you may have on the list. Determine how much you can comfortably spend before you begin buying. Using a budgeting tool can help you see your full financial picture and allow you to set realistic spending limits. 

Get cooking



Instead of hiring a caterer to feed the guests at your next party, invite friends over for a potluck. Maybe you provide the drinks, or the event can be BYOB. Everyone will have a chance to highlight their favorite holiday foods, and you can focus on enjoying the company!

Explore your inner artist



Making cards and trinkets, such as beaded bracelets or ornaments, can be a fun way to add a personal touch to gifts for your family, friends and co-workers. Baking up some homemade desserts or creating dry cookie mixes or hot cocoa packs can also make for fun, inexpensive gifts.

Fly smart



There are so many options available to find plane tickets for the best price. Shop around before you commit to a specific flight or airline. When it’s time to travel, bring your own snacks to enjoy at the airport or while you are in flight.

Cash in on coupons and CashBack



The holidays are the time to cash in on great sales and savings. Plus, if you use a credit card that earns CashBack, you’ll be even better off! Use sites like Brad’s Deals or DealNews to stay on top of great offers, then swipe a debit or credit card that earns CashBack to make the most out of your holiday spending. Some cards may offer even more saving opportunities on top of CashBack! 

This year, get a handle on your holiday spending with these simple strategies. Enjoy time with family and friends without worrying so much about the expenses. With a plan, you can make this holiday season joyous and bright while still on a budget!

Do you have any great holiday budgeting tips? Let us know in a comment below.

This article was adapted from our Aspire! member newsletter. See all the articles here

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