The festive season is almost upon us and many people are beginning to prepare for Christmas and all of the wonderful festivities to come.
Although the festive season is a time of joy and a time to gather and connect with our family and loved ones, for many people it can also be a very stressful time, and this is because the festive season can turn out to be a very costly season. It really is unnecessary to spend such a large amount of money during the festive season, and we should be able to enjoy the festive season without going broke each year. Let’s explore a few helpful tips to help you cut your costs during this festive season:
- Lower cost Xmas gift agreements
Simply write an email to your friends and family and agree not to go crazy this Christmas on presents or come to an upper cost limit agreement. You could also consider a no-gift exchange agreement with your closest family and friends. Remember, Xmas is not actually about spending money but the overall message of coming together in love and support.
- Homemade Xmas gifts
Purchasing gifts for all of your family and friends is one of the most costly activities when it comes to Christmas. Making your own gifts is a great way to drastically reduce your costs. Not only will this save you money, but people genuinely enjoy receiving homemade gifts, as they are more personal and come from the heart, as opposed to some product manufactured in a warehouse. You may find that your special homemade gifts are a favourite this Christmas.
- Make your own Xmas decorations
Purchasing Christmas decorations each year is another expensive aspect of Christmas. The best thing to do is to save all of your Christmas decorations so that you can reuse them each year. You can even create your own Christmas decorations which is also a wonderful festive activity to do with your kids. You can even use old decorations and recreate them into new ones.
- Go easy on your Xmas lights
It is simply not cost-effective and it also creates a heavy impact on the environment when we decorate our homes with an excess of Christmas lights. It is simply not necessary and we need to be realistic about our budgets and our impact upon the environment. It is best to minimize the amount of Christmas lights you put up this year, and it will help to cut your costs if you can use energy saving lights or LED lights which use far less electricity than standard lights.
- Save your Xmas meal leftovers
Plenty of food goes to waste during the holiday season and this is definitely something that will eat into your pocket. Save or freeze any leftovers you may have so that you can make use of them at a later stage and not see it go to waste. You can also cut back on electricity costs by choosing to prepare lighter meals which do not need much energy to prepare. For example, instead of using a lot of electricity to bake a cake, you can opt to make a fruit trifle instead which you will not need to use the oven or stove in order to prepare.
- Use Back Friday pre-Xmas and the Sales post-Xmas
If you have the need to purchase gifts for your friends and family then you are most likely to make the best savings on Black Friday. The date for Black Friday this year is Friday, November 25th, 2016. Certainly, this will be of most use if you are intending to buy larger or more expensive gifts this Christmas. Also, in readiness for next year, you could buy Xmas 2017 presents in the sales following this year's Xmas. Another good tip is to buy smaller items or sale items throughout the year thus leaving you with no hassle, grief and sudden costs around Xmas time. Alternatively, helping you get ready for next Xmas you could have a budget and put away £x.00 each and every month. You could gauge it on just Xmas presents or include the other costs of Xmas such as travel, food and drink.