It’s that time of year again. The holidays always seem to creep up on us before we are ready, and then there is the dilemma of what to get everyone. Budgeting also tends to play a major part in deciding what to buy. There are things you can do to reduce stress and anxiety during this time. Make this holiday season about spending time with the ones you love, and not about the stress of buying gifts.
10 Tips to make your gift giving Merry and Bright.
We all have great intentions of saving money, but it doesn’t always work out that way. However, think about the stress that this step can reduce. Start a holiday savings account with your bank. This keeps you accountable to depositing money.
It is very important that you go into the holiday season knowing how much you can afford to spend. Overspending will only set you back. You never want to begin a New Year in debt, because your whole year will revolve around reducing your holiday debt.
Once you have a budget in mind, then you can begin making a list of those you are going to buy for. From your budget, set a price limit for each person. This will make it easy when you are shopping. You will have a price to stay under.
You never want to pay full price for something if you can get a deal on the same product at another store. Before you head out to do your holiday shopping, look at store ads, and get an idea of what you want to get people on your list. This will help you see if it is offered at a specific store for a discounted price.
Be aware that shipping is slower during the holiday season. You need to ensure that you get any gifts that need to be shipped out in enough time for them to reach their destination. Also, when ordering online, be aware of shipping cut off dates. Nothing is worse than ordering or sending a gift for it to show up after the holidays.
Never wait until the last minute to start your shopping. This will just add stress to the holidays, because you may not get the gifts that you are wanting. When you procrastinate you set yourself up for overspending, rushing and guilt for not sticking to your budget. Getting started early will help you make smart choices.
If you have no clue what someone would like, think about gifts that you have received. This will give you some gift ideas, and you would be surprised that they cherish the gift that you enjoyed. Take their likes and dislikes into consideration, and try to buy useful items.
Of course, gift cards are the ultimate backup gift. Everyone loves to get gift cards to their favorite stores or restaurants. A prepaid visa card is a great idea as well, so they can spend the money where they like.
If you were not able to save during the year, then make a pre-plan as to when you will have your debt paid off. This will help you have everything in order, and you will not feel overwhelmed with the added debt.
Once your budget and list is in place, you can begin your holiday shopping. Make sure to have all price matches and ads prepared. This will eliminate time being wasted, and the people in line behind you will appreciate that.