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5 Ways to Save Money This Christmas

People tend to throw caution to the wind and spend all sorts of money during the holiday season (whether they have it or not).

I mean, it’s pretty easy to do so. With all of the holiday gifts, food, booze, vacations, outings, entertainment, etc., it can be easy to rack up a hefty bill.

And that’s fine, but maybe you’re looking to save a little bit this Christmas, while everyone else is spending hundreds.

Here are 5 ways to do just that.

1. Sell some stuff.

Most people do a lot of giving and buying during the holiday season. But, if you’ve got a few vacation days, take it as an opportunity.

Bring some old electronics down to your local pawn shop or put your old baseball card collection up on eBay. Heck, if you live in a decently warm climate, consider having a yard sale.

2. Limit money spent on gifts.

We’ve all heard the old saying, “It’s the thought that counts.” While I’m not convinced that this always holds true, it is certainly true that you can give someone a nice Christmas present without breaking the bank.

Books are fairly cheap. Movies can be, as well. Do a bit of bargain shopping and see what you come up with. Try to set a limit on the amount you’ll spend before walking into the store.

3. Come up with homemade gifts.

I personally love to give homemade gifts because they actually demonstrate more thought and caring on your part, and they cost a lot less.

You could write someone a poem or letter. Or, put your arts and crafts skills to work to paint or build someone a nice memento. Heck, whip up a batch of homemade jam or barbecue sauce. People will love it.

4. Take a cheaper vacation (or none at all).

The holiday season is often the time when people fly off to Cancun or some other tropical destination for a week in paradise.

I can’t even imagine how much some people end up spending on trips like these. Rather than breaking the bank for an exotic location, figure out what is within driving distance and take a road trip. Or, just enjoy a nice vacation at home.

5. Engage in activities that don’t cost anything.

Go sledding. Tell stories around a fire. Spend time with family. Walk the dog. Read plenty of books. Do some writing or painting. Learn something new. Watch a sunset.

There’s no short supply of great things to do during the holidays that won’t cost you a dime, so be creative and take advantage.

Best of Luck This Holiday Season

The holiday season could be called the consumerist season. We get in the habit of spending, spending, and spending some more, but it’s important to take a step back.

What is the season really about? Is all of this spending necessary? Why do we try to purchase the nicest “things”?

When you begin to question it, you see that what makes the holidays valuable is the time spent with family and friends, not the price tag on it all.

So, I encourage you to do your best to pinch a penny this holiday season. Have a happy holiday season.

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About Rick Mosely Rick is the editor for TSB magazine.

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