The holidays are right around the corner. If the thought of buying gifts, traveling, or hosting friends and family has you – and your wallet – sweating, we have a few tips that can help you save time and money during the most wonderful time of the year.
Play Secret Santa
Everybody does Secret Santa differently. But, usually, there’s a spending limit and you only have to shop for one person instead of several. When you play Secret Santa with coworkers, friends, or family, there’s no temptation to overspend keeping you (and your wallet) happy.
Create a Budget and Pay with Cash
Before you step foot into a store, create a budget for how much you can afford to spend on gifts this holiday season. Additionally, when you pay with cash you can physically see how much money you have left to spend. Preparing ahead of time can set you up for financial success long after the holidays are over by eliminating the need for high-interest store cards or payday loans.
We all have a little procrastinator in us. But, when it comes to holiday shopping, it helps to get started on your shopping early. First, shopping early allows you to spread your expenses across multiple weeks or pay period. This way, you’re budget isn’t taking a huge hit all at once. Second, waiting until the last minute can lead to shipping delays that can, in turn, cost you huge shipping fees to ensure your gifts arrive to their destination on time. Plus, who doesn’t love avoiding crowds?
Holidays and saving money don’t always go hand in hand, but we’re ready to help give you the holidays you deserve. Apply for our low-rate Holiday Loan to save even more this year.