The holidays are a crazy time of year for pretty much everybody. From buying gifts to traveling to entertaining, holiday expenses add up quickly — it’s easy to overspend without even realizing it. But, it doesn’t have to be that way. Here are some ideas to help keep your spending down and your spirits up.
This goes for almost everything — from gifts to airfare to hotel rooms. Buying gifts over the course of the year means you can take advantage of sales and avoid the last-minute frenzy. And, travel prices often rise as the holidays near. If you’re willing to brave the crowds, Black Friday deals can help cut down the cost of gifts as well.
Leave early (or late)
Whether you’re taking a plane, train, or automobile, consider traveling on off-peak dates. You’ll often save money doing so, and you may save yourself some hassle, too.
Share the load
Entertaining can be costly, so ask others for help. Instead of making all the food yourself, have a potluck. If you have a large family, you can share the burden when it comes to gifts. Draw names for gift-giving, make a donation on behalf of the entire family or set limits for gift buying. You can find meaningful ways to celebrate and give gifts without breaking the bank.
Take a different approach
Do you send holiday cards and a letter each year? Consider emailing your letter, posting it on Facebook, or sending postcards instead. Buying gifts online can save both time and money, too, especially if you take advantage of free shipping and gift-wrapping options. With a little bit of creativity and outside-the-box thinking, you can lessen the financial burden that this season can bring.
The holidays can be stressful enough, so don’t add to that by overextending yourself. Following these tips will make it easy to have a happy — and budget-friendly — season.
Happy holidays from all of us at Lautenbach Insurance!