How to Keep Your Holiday Spending on a Budget
There is such a thing as being too generous, especially during the holidays. Here are some holiday spending tips to help get you through the season with your wallet intact.
Value your relationships
Write down everyone you plan to give gifts to—from your nearest and dearest to your in-laws and the mail carrier. Then put a dollar figure next to each name. Setting price limits helps you keep your holiday budget on track.
Price check with your phone
Despite your best intentions, perfect gifts have a way of blowing your holiday budget. If you find a gift that’s over your budget, use your phone to see if you can find a better price elsewhere. Many stores have price-match policies if you find a better deal.
Stay on top of your spending
If you purchase using a credit card, using a card that offers cash back or other rewards is another smart holiday budgeting tip. Since you’re going to spend the money anyway, you might as well get something—whether it’s retail discounts or travel deals—in return.
Consider making gifts
Homemade presents are great ways to save money while creating something memorable. These gifts might not work for everyone on your list, but they’re good options for some. Consider photos for grandparents or cookies for your kids’ teachers.
Factor in shipping
It’s not unusual for an online item to appear cheaper than its in-store counterpart—until you add in shipping costs. Take note of any delivery or service fees, as well. Keep in mind, many retailers offer shipping coupons or free shipping days to attract customers, so do some research before you click “buy.”
Running out of shopping time? Keep your spending budget on target by giving the AAA Visa Gift Card, the perfect gift for everyone on your list! Leave the spending choice up to the recipient. Choose card amounts from $10 to $500, for use everywhere Visa debit cards are accepted in the U.S. and its territories. Available for purchase at all Hoosier Motor Club Service Centers.
Source: Better Money Habits
