09 August 2010

Money-Saving Tips for the Holidays

I know, it's still very early to think about the coming holiday season. As a matter of fact, I am not even sure if the economy is in great shape for people to spare some money to shop for gifts. It does not matter whether we plan to give gifts this Christmas or not. The point is to save as much as we can, as early as now.

Here are some tips to help you stretch your budget should you decide to be Santa Claus this Christmas 2010:

1. Scour flea markets. This is the best place to find unique and precious items.
2. Re-use Christmas decors.
3. Use handmade gift wrappers from scratch papers.
4. Check major sales from malls and buy in bulk.
5. Allocate at least 10% of your salary towards a "Holiday Season" fund which you can use for any other purpose. The goal is to save for the holiday season whether you want to buy gifts or not.
6. Have pot-luck instead of hosting the Christmas Eve party.
7. Use artificial Christmas Tree. This way you can re-use them for next year or the years after.
8. Offer garage sale as early as now to clear your unwanted clutter. One man's trash is another man's treasure.
9. Save on car gas, electricity and water consumption.
10. Make handmade cards instead of buying commercialized ones.

So, start saving and enjoy this year's Holiday season without burning a hole in your pocket. The economy may still be bad but that does not mean we cannot enjoy the true meaning of Christmas.

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