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With Christmas right around the corner, all we need is some extra cash to buy presents for our loved ones. And whether you’re just a few weeks away from Christmas, or a whole year, here are some habits that’ll help you save money for Christmas presents.
Important Side Note:
If you’re in debt, then I would definitely read Dave Ramsey’s book The Total Money Makeover which you can check out here. He’s helped MILLIONS of people climb their way out of debt and have financial peace and security. So DEFINITELY check him out!
Also! He has another great book called the Legacy Journey which is a great read. Check it out here!
They Plan Ahead
Anyone who wants to have enough money to buy presents for everyone on Christmas will always plan ahead. They will keep an eye out for sales throughout the year and make small purchases that they want to use for gifts.
They have a Separate Account for Savings
They have a separate account for Christmas savings, a new car, an emergency fund, and even a vacation. These ways, they’re not overspending. Also, another alternative is to save money at home and keep it in a money box.
They Focus on Making it Rather than Buying it
The most thoughtful gift can only be made by you. Whether it’s homemade brownies, cookies, or even something knitted, your friend or relative will probably like this a lot more than something you bought at the mall.
They Use Discount Gift Cards
You can purchase these from many online and offline retail store. And this way, you can almost always be sure to give them something they want since it’s basically like giving them cash.
They Book Their Tickets Ahead
If you have to celebrate Christmas with your family back home and also want to save money, then the easiest way for you to do this is to buy your tickets as early as possible. This way when Christmas is near, you’ll have one less thing to worry about.
They Don’t Buy Anything for Themselves
This is really important for anyone who wants to save money on presents. They control their own desires which could cost them a lot of money.
They Don’t Plan the Perfect Gift, They Settle for What They Can Afford
You will always be short on cash if you keep planning for things which are out of your reach. The key to having money for everyone’s presents is to settle for something less expensive or even go to the thrift shop to find something unique but cheap.
They Don’t Shop with Credit Cards
As appealing as it looks when a company is offering you a 10% discount, this is something you actually want to shy away from. The interest rates are so high that you don’t really make any big savings in the long run. So a smart saver will instead save cash and buy with money instead.
When it comes to the holidays, the only thing that makes your presents extra special is the thought that goes into them. So keep this in mind as Christmas gets closer.Join my Saving Money & Making Money Facebook Group