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10 Ways To Save Money Over the Holidays

This post is sponsored by Lexington Law, thank you for supporting brands who support T20S. As always, all thoughts, opinions, experiences, and advice are my own.


Wow, I cannot believe it’s that time of year again – the holidays! Finally, I am bundling up in a sweater (a light sweater because I’m in California) and starting to eat all things pumpkin. The one part of the holidays that always stresses me out the spending. Between gifts and the sales I always give in to, I’ll be honest – I have trouble controlling the amount I spend around the holidays. This is something that can be easily worked on with just a few tips! In today’s post, I’ve curated 10 ways that you can save money over the holidays below. 

The holiday season is truly a time of spending overdrive. Between the ads coming your way, the massive sales, holidays dedicated solely to spending (like Black Friday), it’s normal to have trouble controlling your budget. 

If you’ve followed my money blogs before, you know that I fundamentally don’t believe in living above & spending above your means. 

Unfortunately, I feel like the holidays encourage us to do that. That’s why it’s so important to figure out in advance how you’re going to budget for these big-spending periods. Come the new year, you shouldn’t have to all of a sudden going into a period of massive savings (as we often do with our resolutions) because we didn’t follow good habits over the holidays. Let’s control our spending over the holidays and avoid this!

Comment below your ways you like to save money over the holidays. 

RELATED READS: 5 Money Saving Secrets To Allow You To Have Fun, On A Budget


10 Ways To Save Money Over the Holidays

Budget in advance  

Because there are so many spending temptations over the holidays, we often forget to budget for this big-spending period. Budgeting in advance will help you save money over the holidays.  

This year, try creating a budget even before you start your Christmas gift shopping. Try and brainstorm everyone you’ll want to buy gifts for (yourself included). Then, come up with approximate spending for each. 

Don’t forget to take shipping and such into account! As you shop for gifts, see if you can stay within this budget. It may be difficult at times, but getting creative and planning in advance will help you do so. 

Don’t shop for gifts last minute 

Have you ever had to buy a gift last-minute?! Maybe the gift is expensive, but you are in such a rush, you put things like shipping, or non-sale prices behind you because well, you need to find a gift. 

I challenge all of us to not wait until the last minute to buy a gift. This will help you save so much money over the holidays. You won’t have to pay for last-minute shipping, and you’ll actually be able to shop the sales. Maybe you will even find a deal in advance! 

Avoid spur of the moment spending  

My biggest vice when it comes to holiday spending are those ‘spur of the moment’ finds. Maybe I’m walking through a mall or I see an amazing Instagram ad that makes me feel like I ‘must’ have that pair of jeans, or shoes. 

These purchases are not part of the budget, and really add up. Out of all the things I personally want to avoid this holiday season, this the one.  

Something that helps me is to put something in my shopping cart, give it a day or two, and see if I’m still thinking about it. I know this is a bit of an unconventional approach, but if I truly forget out a certain item, I probably don’t want it that badly. 

Buy experiences, not things 

This is probably my favorite spending tip – that should absolutely be applied over the holidays. Buying experiences, not things – will help you control your spending (and make memories) over the holidays. 

RELATED READS: Avoid Being Broke From Buying Presents Over THe Holidays, The Six Tips To Save You Tons of Money This Year

Check your credit card statement often 

If you are someone who forgets how much you spend, make sure to check your credit card statement often. Even a simple reminder can help you control those spur of the moment purchases or remind you to stay on a budget during the holidays. 

When things are so busy over the holidays, we often forget to check-in spending. Try going into your credit card, line by line, once a week to remind yourself to stay on budget over the holidays. 

Make something homemade 

If you are crafty or enjoy getting crafty, making homemade gifts are the cutest way to budget over the holidays. 

Pinterest has amazing ideas for photo gifts or baked gifts for friends. Try searching here for easy, budgeted gifts that you can give. Ones with photos, or that are sentimental are a cute way to show someone how much you are – but on a budget. 

Bake something 

Baking is one of those overlooked gifts that everyone loves (who doesn’t love sweets!) and is a great gift. The great part of baking is that you can do it in bulk, and gift gifts to lots of people really easily, and on a budget with baking. 

Have a potluck 

If your friends like to do Christmas dinners or Friendsgiving, try doing a potluck to take the spending off of one person to purchase.  

This also encourages everyone to make something homemade and allows you to do the same. There are cute Trader Joes recipes that you can cook/bake on a budget, and still look super fancy. 

I love potlucks, they are such a great way to celebrate with friends, make money, all while on a budget.  

Use coupons  

If you’re not an online coupon spending, start now! Using coupons is an amazing way to save money over the holidays. Try downloading a chrome extension, like Honey or Rakuten, that will either find coupons or give you cashback on your holiday spending. 

I personally love coupons! It may sound silly, but searching for a coupon while shopping online is so satisfying. It’s one of the most fun ways to save money over the holidays, and you should definitely try it. 

RELATED READS: How To Stop Being Rent Poor and Learn to Budget, Even if Your Living In an Expensive City

Research deals in advance 

Doing your research in advance will help you save money over the holidays because you can scope out great sales for what you already want to buy. If you can easily outline what are you are looking to spend, and search for targeted deals – you will save tons of money this holiday season. 


What do you do to save money over the holidays?! Comment below! 

Need help with budgeting and saving money this holiday season? Use this Christmas and Holiday Tips to shop on a budget, that actually work! Figuring out how to save money over the holidays isn’t easy, and this post will give you 10 ways to budget your personal finances this christmas! #holidayshopping #christmasbudget

Need help with budgeting and saving money this holiday season? Use this Christmas and Holiday Tips to shop on a budget, that actually work! Figuring out how to save money over the holidays isn’t easy, and this post will give you 10 ways to budget your personal finances this christmas! #holidayshopping #christmasbudget

Need help with budgeting and saving money this holiday season? Use this Christmas and Holiday Tips to shop on a budget, that actually work! Figuring out how to save money over the holidays isn’t easy, and this post will give you 10 ways to budget your personal finances this christmas! #holidayshopping #christmasbudget

 

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