Christmas money gift

Keeping costs down at Christmas

on November 5 | in All, Personal Finance | by | with No Comments

Whilst the festive season can provide families with the chance to enjoy each other’s company, and businesses the chance to earn some bumper profits, the unfortunate fact is that many households are often overstretched as a result of having to keep up with the rising cost of Christmas.

The National Retail Federation recently revealed that holiday shoppers spend an average of $463 on their family members. And whilst this figure may not seem astronomical, when factored in with other costs such as food, decorations, and wrapping paper, it can all add up to a significant financial headache for the modern American family.

But there are many ways in which we can all keep costs down in a way that doesn’t mean that you have to suffer a dismal Christmas. Simply by hunting the occasional bargain, and creating your own festive wonders, you can enjoy a traditional Christmas without the financial pain.

Christmas tree decoration

Christmas tree decoration

Many retailers are guilty of maximizing their prices on various in-demand items in the run-up to Christmas. But similarly, the increased competition can sometimes lead to a price war which means that it’s the consumer who gets to snap up a bargain or two.

Black Friday is the key day of the year where retailers such as Amazon introduce sudden and short-lived offers on a huge variety of items. And such instances can be a good place to snap up some offers on top-line gifts for your family.

The cost of high-quality electronics is something that increasingly offers the consumer some attractive options in the run-up to the festive season. And there are now a great range of tablets for under $200 that can perform many tasks associated with more powerful laptops and desktop computers.

These can provide cost-effective solutions for families to spend their time in the often-expensive festive period. Kids can have fun playing hyper-cute puzzle games such as Puzzingo, whereas adults can enjoy Betway’s classic slots that features alongside other no-cost games such as roulette and blackjack that feature real cash prizes. And just to make sure that no one is left out, it’s easier than ever to conduct video chats with distant relatives across the world via the user-friendly Viber app.

Similarly, such technology can also serve to provide us with a little inspiration when it comes to applying some festive décor to our homes. Most of us will have been guilty of spending a lot of money on Christmas decorations, only to throw them away in January. But the ever-reliable Martha Stewart has some great Christmas craft ideas that can not only add a little homespin charm to your home, but also save you some money too.

Sources: nrf.com / usatoday.com / marthastewart.com

Christmas money gift

Christmas money gift

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