Today I want to talk about the gift giving season. I can remember when I used to feel all panicky as December 25th inched closer and closer. As the days wound down I would realize that I had just a few weeks to figure out how to pay for Christmas gifts and still shop for them. This was all before I began budgeting for Christmas gifts and creatively finding ways to fund it. Nowadays, my Christmas shopping is nearly complete by the time July rolls around all because of a few changes I made to the way I went about shopping for Christmas. Today I’ll share the strategies I use to ensure that Christmas is paid for debt free and well in advance.
1. Shop all year round.
Begin shopping for next years Christmas on Black Friday and no later that the first day after Christmas. This is the time when you’ll be able to find deep discounts of 50% to 80% off. Snatching up those 75% percent off cologne and perfume sets after Christmas will not only make for great Christmas gifts but can also be used for birthdays and any other special occasions.
2. Find creative ways to fund gift giving.
Use the resources available all year round to help fund your Christmas gift budget. Ninety percent of my Christmas budget is earned from survey and reward companies. You can easily earn $25 a month in Amazon gift cards using Swagbucks and at least $40 a month taking surveys…and that’s just the minimum. If you do just these two things, you’ll have $780 to spend on gifts. What I love most about this approach is that Christmas is funded with new money, or money that is not part of your families primary income.
3. Get free gifts.
A great tip for my review blogger friends is to nab some free gifts by reviewing products that your gift recipients would love to have. After you review the product just stash it away. About 10% of my children’s gift gift giving is from products that I have reviewed here on the site. Whenever I accept a product for review I am already thinking, “who would this make a great gift for”.
4. K.I.S.S. – Keep It Simple Stewardesses
I don’t get caught up on gimmicky gift giving. What I mean by that is this, I don’t narrow down what I plan to buy each person. I simply set a budget for each person and whenever I see a great deal on something that person might enjoy, I snatch it up. We can often get caught up in trying to find the exact gift, shape, color and size requested by each recipient which can get us in a bind if we can’t find it. Focusing on specifics can bring about unnecessary stress. Just K.I.S.S and you’ll be better for it.
That’s all I got…but I’d love to hear what strategies you use to ensure that gift giving is not a budget burden?