The holidays will be here before you can switch up your pumpkin spice latte order for a peppermint one, and so will the hefty price tag that comes with holiday cheer. We all know the holidays, loaded down with gifts, meals out, and travel can rack up an expensive bill without you even noticing – which means it’s time to get proactive and start saving money today.
Last holiday season, parents were spending an average of $422 dollars per child on holiday gifts. Just gifts. This figure does not factor in, of course, the cost of other gifts, travel, food and even decorations. Americans are spending more and more each year during the holiday season making it important to start saving money even earlier.
Now, saving money can be hard even in the best of circumstances. Near the holidays, when charities start asking for donations and all you want to do is buy overpriced coffee every day, it can be especially hard. So, it’s time to get serious, dust off your ugly sweater, and start saving money for those gifts today!
Following all 13 of these tips can be hard, but don’t worry. Even adopting just a few of these practices can help you to start saving big in the long run. Furthermore, the earlier you start saving, the more you’ll have saved by the time the big day rolls around.
Of course, the holidays don’t have to come with a huge price tag. The important thing is to figure out what matters most to make the holidays special and focus on that.