Created: November 04, 2017
The season of tinsel, mistletoe and good cheer is nearly upon us. Well, the associated wish-list making, card swiping and gift wrapping certainly is. Funny isn’t it, how we always go overboard with our holiday season expenditure, year after year? It’s probably one of the few things we remain consistent at!
However, Christmas and spending needn’t necessarily go hand-in-hand. There are several ways to have fun without an unpleasant credit card bill to kick-start the New Year. In case you haven’t started your Christmas shopping already, here’s a ready reference of simple measures you can take to avoid making a deep cut into your savings. You might even have enough left over for a kitchen makeover next year!
1. Fix a per person budget
Make an exhaustive list of everyone you have to buy for, along with the amount you expect to pay for each one. This may sound like throwing a wet blanket over the Yuletide spirit, but it’s a sure-shot way to keep your spending in check. More often than not, it is the gesture that counts, rather than the content of the gift itself. By setting your budget before you hit the stores, you can also save on some of the time you’d ordinarily spend deep diving into an ocean of gifting options.
2. Invoke a 24 hour window before you seal the deal
This is particularly helpful when an item seems to be overshooting your budget, or when a harmless little thing presents itself in the garb of....