The holidays are a fun and exciting time, but can also be expensive. For students and recent graduates who are on a budget, I found this great article on how to watch your pennies during the sales rush. Here are a few tips I would like to add:
- Make a list of people who you want to give gifts to and how much you want to spend and stick to it! Chances are someone will give you a gift that you did not plan for but that does not mean you have to give one back. If you want to reciprocate be creative and look for ways to show thanks without spending much money
- A good way to stretch out your dollars is to hit the kitchen and bake. Everyone loves getting a homemade batch of cookies or their favorite pie as a gift. In today’s world of food allergies, making these, using a “gluten free” recipe for instance, can be even more special.
- If you are buying gifts for family members back home, pay attention to online retailers who offer free shipping and gift wrapping. If you are flying, you do not have to pay the extra baggage fee. Also, buying wrapping paper and bags to cover gifts can be expensive, wasteful and time consuming.
- If you are going to buy wrapping paper, consider splitting the cost with a roommate or friend. Usually it is cheaper to buy the larger rolls and sharing it lowers the cost and cuts down on the waste.
These are just a couple of quick ideas to help you stretch out your dollars over the holidays!