At Christmas, many of us want to shower our loved ones with gifts, but this can mean overspending. Blowing too much during the festive season can leave you with empty pockets and very little for everyday expenses.
So, how can you save more this year?
1. Use Money Saving Apps
Sometimes its difficult to set aside money for Christmas. But, technology can help you. There areapps will help you save over the festive season.
2. Use Cash Back Offers
When you buy goods and services, find items that have cash back offers. You can then recoup some money from your purchases. This approach makes your Christmas shopping more affordable.
3. Find Discounts and Offers
Keep coupons and other discount vouchers and cards, and use these to buy Christmas gifts. Moreover, search for discount offers such as 10, 20 or 30 percent off to reduce your costs even further.
4. Understand Store Sales
Most retailers know you have money to splurge at Christmas, so they look for ways to make you send more. Therefore, before you go Christmas shopping, make a list of who you must buy for and set a budget. Then stick to the plan that you have created when shopping. This strategy will keep you on track.
5. Have a Garage Sale
Go through your home and find the items that you no longer use. Next, have a garage sale and sell these. You will be surprised at how much extra money a garage sale can generate.
6. Devise Ways to Make Extra Money
Mowing lawns, walking dogs, and running errands are excellent ways to drum up a little extra money. These small, odd jobs will not make you a fortune, but they will put extra money in your back pocket.
7. Make Use of Your Credit Card Rewards
If you have a credit card linked to rewards, then look and see how many points you have accumulated. Your reward points could mean you have already paid for your Christmas gifts, so you do not need to spend money.
8. Review Your Bills
As the year ends, this is the ideal time to look critically at your payments. Grab out your insurance policies, along with your utility bills, and any other subscriptions. After that, compare these to other providers to see if the rate you are getting is competitive. Consequently, if its not, then contact the company you are with and see if you can negotiate a better deal.
Written by eChoice
Since 1998, eChoice has helped more than 50,000 Australians secure a home loan through its network of over 25 lenders and hundreds of loans. Best of all our service is cost and obligation free!