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8 Clever Tips To Save Money While Buying Christmas Gifts

December 24, 2018 By Admin

We all tend to overspend on buying gifts for the occasion. Though, exchanging gifts increase affection and strengthens relationships, but there is no reason you should break your bank. Therefore, we have provided several ways that can help you save money on Christmas shopping and still get special gifts for everyone in your list.

 

 

#1 Create a list of recipients – First of all, create a list of the people you want to buy gifts for. Write down the names based on your interaction with them. You don’t necessarily need to buy physical gifts for everyone. Start by adding the names of your family and close friends, and don’t be afraid to trim down the people you haven’t interacted in the last 12 months.

 

#2 Stick to your budget – One of the important things to keep in mind while shopping for Christmas is your gift budget. Look how much you have got in your hand and stick to it. Don’t let your emotions end you up in debt. Remember your last year spending and decide how much you are willing to spend this year. Though Christmas comes once a year, it is not the only festival you would be buying gifts for.

 

#3 Prioritise the gift recipients – Once you have the gift list and the budget on your hand, set a priority of your spending. For example, if you are looking gifts for your father, you can go for a nice shirt or trouser. Go for fragrances and perfumes while buying for your friends. Debenhams is a good place to shop everything as it has a whole host of gift ideas in different categories available at incredible prices. If you can’t think of anything better, consider buying chocolates from chocolate sale at Thorntons that is just right for any occasion and budget.

 

#4 Look for stores that provide discounts – To make the most of your gift budget is to check for discounted stores and find great bargains. All the brands release out festive discounts, so you can shop more while spending less. Also, look for vouchers and promotional deals to maximize your savings. Be sure to browse different stores rather than sticking to only one store, so that you can compare the deals and get yourself the best rebate.

 

#5 Utilise your loyalty points – You may have earned reward points for all the spending you did in the past years. Now is the time to redeem your points in order to get some money off on your purchases. Many retailers give you massive savings against reward points, so be sure to make the most of your loyalty points.

 

#6 Have a DIY Christmas – If you are running low on budget, then consider DIY Christmas gifts. Hop on to YouTube and Instagram and get some ideas for art & crafts that you can give as Christmas presents. Search for materials right now and create something that simply stands out. This way you will not only be able to save huge money, but your gift will also touch the recipient’s heart directly.

 

#7 Purchase a combined gift – Instead of buying separate gifts for everyone, go for a slightly expensive gift for two or more people. Buy a gift that combines the interest of two or more. For instance, you can buy a board game for kids, so everyone can enjoy the same thing. This will help you save money while giving great presents.

 

#8 Look your closet for the gifts you have received – Many times we receive unwanted or repeated gifts, such as coffee mugs that we never use. Utilize those items and re-wrap them to take some burden off your shoulder. In this way, you will get rid of those products, have some room in your closet as well as delight your recipients. But, before wrapping them, make sure their condition is good and they haven’t been deteriorated.

 

Christmas is a stressful time for many with a tight budget or has a lot of people on the gift list. Avoid huge credit card bills by creating a shopping budget. Figure out how much you want to spend on each person, what you want to buy for them and always pay in cash.

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