TIPS FOR CHRISTMAS SAVING
Christmas can be a time of great joy and happiness but if you leave all of your Christmas shopping until the last minute it can turn into a time of debts and financial disaster. Try some of these tips to make your next Christmas a happy one without the financial stress.
Make and take home made gifts. Team up with the kids and make present for friends and relatives. Most people genuinely love home made gifts and you can deliver them in person to add some extra Christmas cheer.
Avoid buying Christmas presents or anything else on credit. In the rush to get everything organised for Christmas it can be tempting to put things on credit. The problem with credit around Christmas time is that the repayments are due fairly quickly after Christmas and if you are trying to get children back to school you will end up having additional financial stress at the start of the year.
Open a Christmas Club. Depositing just $5 a week, for most of the year will add up and give you a spare $250 to spend just before Christmas.
Shop all year round for Christmas gifts. Start looking for presents in the January sales for the following year. Lay-buy and/or buy things that are on sale all year around.
Start buying or collecting small presents that you can put in a box somewhere safe. As your collection grows you will have a fantastic supply of quick and easy presents. (This also ideal for those late notice children’s birthday parties).