Tips to stay within budget at Christmas

March 1, 2017 | Posted by: Natalie Wellings

The holidays can be a financially stressful time of year-particularly when you have lots of people on your Christmas list. And while we'd all love to have the foresight (and discipline) to save for the holidays throughout the year, let's face it-sometimes that just doesn't happen.

But just because you don't have a stockpile of money saved up in a special 'holiday' bank account doesn't mean you're doomed to start the New Year drowning in debt. Keeping those costs under control is still in the cards-you just have to plan.

Step 1: Write a list-and check it twice.

This is such a small step, but it's so important. Jot down a list of every single person you have to buy for-family, friends, mail carriers, everyone-and then figure out how much you'd ideally like spend on each of them. Add the number up and, if it's way too much, find some places to trim.

Step 2: Get creative.

If the number is still too high, identify the individuals on your list who would appreciate a homemade gift. Here, Pinterest can be your best friend-but if crafts aren't your think, you may also want to consider food items (and don't feel limited to Christmas baking! Casseroles and jarred goods can go a long way as well!)

Step 3: Talk to your family.

If you're feeling financially stressed around the holidays, chances are other family members are too. Discuss the potential of having a potluck feast or doing a Secret Santa gift exchange (at least for the adults) to alleviate some of the cost.

This article offers 12 more tips for saving during the holidays-and is definitely worth a look! How do you alleviate some of the financial burden so you can enjoy this time of year?

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