Save on Gift Giving to Ease Your Debt Burden

Save on Gift Giving to Ease Your Debt Burden

We all know the rut: the holidays come and you spend too much money, then you spend the next few months paying off your credit cards. If you’re lucky you have them caught up by the end of the year, but then it’s time to buy gifts again! To break this spending cycle you need to change your gift giving habits, and the best tiem to start is now. Here are some tips to do just that:

Make a list. As early in the year as possible make a list of who you need to buy for. If you have other families on the list consider buying a group gift instead of individual items. A tray of gourmet cookies from Cheryls is a perfect example as it’s something everyone will appreciate and enjoy.

Remember the odd gifts, such as teachers and coworkers and add them to the list. If you want to make it easy, budget how much these will add up to and use a Cheryls coupon to save on the whole group.

Shop throughout the year. Keep running notes on your list of recipients so you always have ideas on hand. When you come across a clearance sale pick up gifts throughout the year. Remember to keep each person’s sizes and favorites on the list and it will be simpe to pick up items whenever you spot them.

Get a rough idea on how many gifts you need to complete your shopping. Divide your final tally by the months remaining in the year and try to buy an average of that number each month. By the time the holiday season arrives you’ll find most of your shopping is already done!

Remember to shop out of season. Spring is the perfect time to find winter items on clearance, and summer is perfect for spring sales. If you keep the holidays in mind all year it will soon become a habit to pick up a few things every month.