Six Ways to Save Money During the Holidays
Saving money during the holidays may seem like an uphill struggle at times, but you can make all the difference by following these six money-saving tips.
- Resist the Treats
- Don’t Go Cashless
- Make Lists
- Start Early
- Go Homemade
- Get the App
If you want to meet Christmas with your bank account as full as your stockings, take note.
1. Resist the Treats
Everyone knows that resisting the daily cup of coffee or lunch out can save hundreds – maybe even thousands — as the months go by. It’s well-worn advice, but it’s also good advice. Just don’t think you need to go cold turkey on your cappuccinos — instead, try having your treat one day and skipping it the next.
2. Don’t Go Cashless
Cash is physical, so we notice when it goes away. Card payments are convenient, but it’s tough to keep track of your spending. Why not take out as much money as you’ll need each week?
3. Make Lists
Hitting the grocery store without having a list is a recipe for disaster — you’ll be more likely to make impulse purchases as you shop. If you’ve already planned out some frugal yet delicious meals, you’re less likely to go overboard. The same applies when you’re shopping for gifts. Set a budget, find gifts that fit, and resist the impulse to throw in little stocking-fillers — they add up.
4. Start Early
You might dislike how early stores start the festive season, but you should follow their lead. If you start budgeting for presents early, you can avoid running out of time or money when you start hearing sleigh bells.
5. Go Homemade
With everything from books to movies going digital, it can be tough to come up with good gift ideas. One of the best solutions is going homemade. If you’re crafty, handmade jewelry or ornaments will be appreciated. Kitchen whizzes can whip up cookies, cupcakes, and baked goods. You’ll earn holiday savings while spreading holiday cheer!
6. Get the App
From tracking your spending to automating savings, there’s an app for that. If you’re more organized, you’re likely to end up saving money during the holidays.
Look to CarHop for Your Vehicle Financing
If you want to keep saving throughout the year, turn to CarHop for your next vehicle. We offer buy here pay here financing, so financing can be provided to suit your situation. To find out more, simply contact us today or visit your closest CarHop location.