Advantage Newsletter - November 2009

Money-Saving Tips for the Holidays

Saving Money Every holiday season, we seek out additional ways to save money. And, with the economic challenges this year, even more consumers will be using money-saving techniques and looking for deals. Here are some tips that can help you save money throughout the holiday season:


  1. Set your budget, and make your gift list now. When you plan ahead, it’s easier to adhere to your intentions and accomplish your goals. Deciding on a budget and what gifts you are going to buy before you start shopping alleviates stress and minimizes the chances of making impulse purchases.

  2. Be selective with the credit cards you use. If you end up using credit cards to make purchases, it’s a good idea to be selective and only use the ones with a low interest rate.

  3. Start shopping now. The sooner you start shopping, the more you can compare prices and get good deals. Getting your shopping finished early means better deals, better savings and more time for preparations.

  4. Save some shopping for cyber Monday. This is one of the busiest days for online purchases. As a result of the heavy online shopping traffic, many sites offer bigger and better deals for consumers.

  5. Plan your holiday menu and shop for items a couple of weeks in advance. When you plan what you will be providing ahead of time, you give yourself more time to determine what you already have at home that you can use and what you actually need to buy. You also allow yourself more time to clip coupons for the items you know you will use.
The more money-saving tips you try to practice, the easier it will become for you to stay within your budget.