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Budgeting for the holidays will keep you on track with your spending so that you have some holiday fun without going broke.
I know, it’s so easy for everyone to go overboard in the holidays because we literally see so much beautiful holiday decor, food, gifts, literally everything to drag our money out of our wallets right?
Well, here are a few ways you can enjoy your holiday on a budget.
How to stay on budget during the holidays
Whether it’s Halloween, Christmas, or Thanksgiving or any other, having a holiday budget makes a difference.
There are so many budgeting ideas that you guys can do to help save money this holiday. Let me help you get the show on the road. Let’s go!
- Reuse old decorations.
Got some decorations from last year that you threw in the basement/garage? Well hun, please get that box, dust them cobwebs off, and let’s do something nice with those decorations. No need to abandon them as reusing old stuff is a great money-saving tip.
Honestly, I think sometimes these things just need to be spray-painted, cleaned up, straightened out and they’re good to go! Don’t you think?
Just ensure that you put them back neatly and safely for reuse next time.
by the way, this home holiday guide will help you with all your important holiday decorations and essentials.
2. Prioritize the essentials.
This is where you think about what you really need, whether it’s holiday decor, holiday desserts, holiday parties essentials, etc, and ensure you’re certain as to what you need.
Understanding priorities is a game-changer if you stick to the script. I usually write down on paper everything I need so I know exactly what I’m going to do.
Holiday shopping budget tips
3. Look in clearance for items.
Call me if you’re heading to the clearance section (hehe). I love me some good deals! You can intentionally save more money by shopping for your holiday things in the clearance corner/aisle. In fact, that’s what budget holidays are about – finding means and ways to stay within a certain financial boundary when spending so that you can save money. However, you’ll still get what you want and enjoy the holidays.
4. Shop around for bargains.
Sometimes you may not be able to find the best prices within our budget and we may need to go someplace else. Find time to shop around at different stores to find affordable prices. Also, sticking to your holiday budget is very important and you’ll feel super satisfied you did.
Related Content: 9 Things I stopped buying to save money
5. Birthday gift for your holiday gift.
Is your birthday in the same month as the holiday you’re prepping for? How about your birthday request could be something you were planning on purchasing for the holiday?
I mean…It’ll keep you within our budget and you’ll end up saving more money (which is the goal).
6. DIY your way through
Do it yourself (DIY) is the order of the day especially for budget holidays. There are so many cool things you can make to ease your pocket. Also, do not think that you need to be highly creative to come up with DIY decor on a budget. All you have to do is visualize exactly what you want, get the items needed and make it happen. You can find items to transform around your house and get help from YouTube.
Not only will DIY projects help you to save money but some of you will even find that it’s soothing and this is something you probably like to do. (your purpose or a new hobby – who knows!).
7. Get Cashback, save money
Join an amazing app that is 100% legit and allows you to save money, get cash back. This is the Ibotta App. You can get cash back on so many items from your favorite stores! It’s free to sign up, you choose an offer or product you’re going to purchase and you simply upload your receipt when you’ve made the purchase. You receive cash back! Sign to Ibotta now and enjoy.
How to create a holiday budget
8. Create a budget
Lastly, creating a holiday budget is an ideal way you can keep on track this holiday. Budgets basically have to do with highlighting your income and expenses, placing a limit on your spending, creating ways to save more money, and being disciplined about your finances. When you create a holiday budget:
- Outline your finances. You’ll understand where you’re at financially and what you’re working with (income and expenses).
- Prioritize what’s important. When you know what you need, it’ll help in making purchasing decisions. Also, it will help to eliminate impulse spending so you can make smarter choices.
- Ensure you’re tracking your spending for all budget holidays.
- Stay true to your holiday bugeting goals.
These are all great holiday ideas on a budget. Also, a good budget planner can set you on the right foot. I hope I was able to help with these budgeting tips and as always, thank you so much for stopping by. Please free free to comment and share what you do for your ‘budget holidays’. Let’s talk below.
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