Christmas is just around the corner! And with the rush that comes along with it, it's easy to get swept away in the festivities. Before you know it, you're starting the year with a huge hole in your wallet. Below are some tips on how you can manage your holiday finances better:
1. Set a budget.
Don't spend all your money in one place. Christmas will pass and you've got other bills to pay. So just set aside a portion of your money and budget that amount wisely.
2. Make a list.
Santa has to give everyone presents, but you don't. If you have your naughty and nice list, that might help you figure out who you should give presents to (and who don't exactly deserve one). Consider the budget you've set for your holiday shopping!
3. Buy early.
Christmas rush is no joke. And buying along with holiday crammers will make you spend more than you'll notice. Remember that just because it's marked down doesn't mean it's also a good deal!
4. Consider handmade gifts.
Nothing expresses our love for family and friends more than gifts we made on our own. So why don't you explore your crafty side and make DIY gifts for everyone? Baked goodies count!
5. Invest in back-up presents
Here's a pro tip: Keep a stack of stocking stuffers in your house. Say a bunch of notebooks, bottled perfumes, chocolates, or random trinkets you bought that were already included in your holiday budget. Keep them around so you don't have to go out of your way to find a gift or to spend extra for random friends or godchildren who might surprisingly show up at your place.