At this time of the year, a lot of families are getting into financial woe. After all, they spend a fortune when they are buying presents for friends and relatives. In fact, this poll found the average shopper spends over $830 on gifts! It’s a crazy amount which leaves families feeling the pinch by the time January arrives. Here are some easy ways to save some money on gifts for your family this year.
Make a list of presents for family
A lot of moms go wrong by heading to the shops without a list. It means that they end up buying random items. And it can soon end up costing way more than what you wanted to spend! Therefore, to help you save some money, make a list of present ideas for your family. Ask them if you need help with ideas for their gifts. And then you can just stick to those items to stop you going overboard with gifts! Remember to take the list with you, and mark off items as you do your shopping!
Put down a limit of how much you can spend
If you want to save money on your shopping, you need to find out how much you can afford to spend this year. Work out how much funds you have and then decide on how you will spread it out among your family members. By doing this, it will stop you going overboard with each gift. Keep a note of exactly how much you are allowed to spend on each person. And maintain the receipts so that you can track your spending.
Cut back on gifts outside of your immediate family
When you have to buy presents for your friend’s kids, and your great aunt, it can end up costing you a fortune. Therefore, cut back on the gifts outside of your immediate family. Tell them that you are struggling to afford gifts this year. They will likely be happy to cut back too, so just give each other cards this year! And if you have to buy a friend’s family a gift, get one present which will be appropriate for the whole family! It will save you a fortune on having to buy individual gifts!
Check online before making a purchase
You need to make sure you are checking the prices for items online before making a purchase. After all, there might be a brilliant site which has gifts for guys that will end up saving you a fortune. Therefore, compare the price online before you end up paying out a fortune at a shop. Also, check online for coupons and good cashback sites which could help save money!
Go shopping early
So many stores hike up their prices during December. It means you might end up paying twice the amount you would have done last month! Therefore, it’s time to start hunting down those gifts early before everyone rushes out to buy presents. Start in November so that you won’t end up forking out a ton of money for gifts.
And remember you can always make gifts, rather than buying them at this time of the year. Here are some handmade gifts you can make for friends and family!