The holidays are upon us and many people are saying “Bah Humbug!” There is a way to enjoy the holidays without overspending. Here are a few tips:
- Plan your shopping. Don’t go out shopping without a list of what you’re looking for and the price range you have for each purchase. No impulse purchases!
- Make gifts. Take a little time to put together gifts with materials you already have or are inexpensive. It can be a knitted scarf, a photo collage, homemade bread, or a bird house. The personal touch is better than anything money can buy.
- Make personal gift certificates. We’ve done this with family for everything from an extended curfew for our teenagers to a home cooked dinner to doing a chore for someone. The gift is appreciated and you can make it more festive by printing the certificate on nice stationery.
While economic indicators say that we’re on the way out of the recession, many are still feeling the pinch. It’s not a time to burrow back into debt. The holidays are a great time to give yourself the gift of making financially responsible decisions.