10 Free Holiday Activities for Couples Paying off Debt

This post may contain affiliate links. Please read my disclosure for more information.

This is where it all started guys. On a quiet summer afternoon I hit publish on my first post titled 10 Free Activities for Couples Paying off Debt and the rest is history. I thought it fitting to do one for the winter as well, seeing how we spend more money this time of year than any other.

1. Christmas Lights Home Tour

Every city has a neighborhood that really goes all out with the lights. Take a drive to look at them or walk if the weather isn’t frightful. In Florida, the weather is always great this time of year so we have a biking group that does a huge ride through the neighborhoods and ends back at a bar for beers.

You can make a trip out of it too. A city near us was featured on TV for their light displays so I’m looking forward to seeing it this year. Sometimes houses do the same thing every year so it’s fun to switch it up from time to time.

2. Holiday Movie Night

Put on your pajamas and pour the cocoa, there’s nothing better than a Christmas movie! While I’m partial to all holiday Claymation movies I loved the resurgence of quality seasonal cinema of the early 2000’s. For those with Netflix (or borrowing from a friend) here’s a list of movies for your viewing pleasure.

If you don’t have Netflix, channels like NBC, ABC, Freeform, etc always have a good variety (I’m judging you if you even try to add Hallmark Channel movies to that list.)

3. School Holiday Production

Elementary schools always have some type of performance with oodles of cute awkward kids singing carols and dressed like elves. The best part, these events are usually free. If you don’t have friends with kids that can keep you in the loop find some teacher friends with connections. They’ll know when all the good shows are. But word to the wise, don’t do this one if you look like these guys:

Do the Creep

Do the Creep

4. Live Nativity

These things can range from “plastic baby in a manger” to “drive-through re-creation of the gospels.” Even if you get a bad one there’s usually hot cocoa and cookies at the end so you win either way. The good ones really do bring the Christmas story to life and it’s a pretty cool experience. I highly recommend it.

5. Star Gaze

Winter is a great time for star gazing. Taurus, Perseus, and Gemini are some of the constellations you can find in the winter sky. Yes, I did Google that, so even if you’re not a budding astronomer who doesn’t enjoy looking at shiny things in the sky?

Download an app like SkyView Free and find all the starry patterns. If you’re lucky enough to live by a planetarium see if they do free shows. Ours does two every Friday that the college is in session.

6. Holiday Parade

Was anybody else in marching band? I was and it was absolutely for the parades. There are a lot in December! We have our pick of morning or evening throughout the month. And since we live near the water we even have a few lighted boat parades! Check your cities events calendar and cities around you to fill your weekends with candy canes and Santas!

7. Photo with Santa

Speaking of Santa, how ridiculous are the prices for photos with Santa these days!? I don’t even have kids and I feel like I need to start putting away for their Santa pictures fund. That was until I found out about Bass Pro Shop’s annual Santa’s Wonderland. On select days you can get a free personalized photo with Santa, free wooden picture frame, free crafts for the kids, and more!

And even if you don’t have kids you should definitely put on your tackiest Christmas sweaters and make this years’ card something the family will be talking about til next year. Why not? It’s free!

8. Volunteer

I included this in my last list but the opportunities for giving this time of year are too numerous not to share again. Aside from soup kitchens and caroling you can hand out Christmas cards at Hospice, collect cans of food from your pantry to give to a shelter, or connect with your local foster care licensing agency to help out a foster family in need. Your money is valuable but your time is just as needed.

9. Go Outside

This is the obligatory “make a snow angel or sled down a hill” spot. But I live in Florida so I don’t know how to do that stuff. Whether you’re in blizzard country or it’s a balmy 70 degrees outside (sorry not sorry) get your butt outside and experience the free entertainment mother nature has to offer. I for one love walks downtown during the day and bonfires with s’more at night.

10. Stay Inside

Okay, outside not your thing? Stay inside… if you know what I mean. When’s the last time you pretended you were on your honeymoon or your favorite vacation with your significant other? There’s never a good time to put on those nighties from your lingerie shower so make the time! Get romantic and see what happens. Hey, it’s free. 🙂

Any other ideas for free activities this time of year? I’m always looking for new things to try and include in new posts!

Free Activities for Couples

Free Activities for Couples

<img data-attachment-id="4968" data-permalink="https://www.modernfrugality.com/save-money-online/mf-10-free-winter-activities-for-couples-paying-off-debt/" data-orig-file="https://i0.wp.com/www.modernfrugality.com/wp-content/uploads/2016/11/MF-10-Free-Winter-Activities-for-Couples-Paying-Off-Debt.png?fit=735%2C1102&ssl=1" data-orig-size="735,1102" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Want to get out of the house this winter without spending an arm and a leg?" data-image-description="

If you want to get out of the house this winter, check out these activities! 10 Free winter activities for couples paying off debt. You don’t have to spend an arm and a leg every single time you leave the house. #freewinteractivities #freeactivitiesforcouples #freewinteractivitiesforcouples #cheapactivities

” data-medium-file=”https://i0.wp.com/www.modernfrugality.com/wp-content/uploads/2016/11/MF-10-Free-Winter-Activities-for-Couples-Paying-Off-Debt.png?fit=200%2C300&ssl=1″ data-large-file=”https://i0.wp.com/www.modernfrugality.com/wp-content/uploads/2016/11/MF-10-Free-Winter-Activities-for-Couples-Paying-Off-Debt.png?fit=400%2C600&ssl=1″ loading=”lazy” width=”400″ height=”600″ data-pin-title=”Want to get out of the house this winter without spending an arm and a leg?” data-pin-description=”If you want to get out of the house this winter, check out these activities! 10 Free winter activities for couples paying off debt. You don’t have to spend an arm and a leg every single time you leave the house. #freewinteractivities #freeactivitiesforcouples #freewinteractivitiesforcouples #cheapactivities” src=”https://bariatrx.com/wp-content/uploads/2021/02/10-free-holiday-activities-for-couples-paying-off-debt-1.png” alt class=”wp-image-4968″ srcset=”https://bariatrx.com/wp-content/uploads/2021/02/10-free-holiday-activities-for-couples-paying-off-debt-1.png 400w, https://i0.wp.com/www.modernfrugality.com/wp-content/uploads/2016/11/MF-10-Free-Winter-Activities-for-Couples-Paying-Off-Debt.png?resize=200%2C300&ssl=1 200w, https://i0.wp.com/www.modernfrugality.com/wp-content/uploads/2016/11/MF-10-Free-Winter-Activities-for-Couples-Paying-Off-Debt.png?w=735&ssl=1 735w” sizes=”(max-width: 400px) 100vw, 400px” data-recalc-dims=”1″>

I

Jen Smith is a personal finance expert, founder of Modern Frugality and co-host of the Frugal Friends Podcast. Her work has been featured in the Wall Street Journal, Lifehacker, Money Magazine, U.S. News and World Report, Business Insider, and more. She’s passionate about helping people gain control of their spending.

Source: modernfrugality.com

9 Simple Ways To Get Free Diapers

9 Ways Get Free Diapers

9 Ways Get Free Diapers

Looking for free diapers and low-cost baby products?

Diapers are expensive and a pain in the budget. Babies need roughly 8000 diapers before they’re potty trained, costing parents $2000 or more.

So we’ve put together some simple and legitimate options to help you save money. When you combine these methods together, you can literally save hundreds of dollars.

Try these easy tactics to get free diapers. It only takes a few minutes to fill out a form or sign up for a program, and the savings you’ll enjoy is truly worth it.

Table of Contents

Target-Baby-Registry

Target-Baby-Registry

Let’s start with the low-hanging fruit – free stuff from Target.

Target Baby Registry – Set up a baby registry at Target and you’ll get free diapers and wipes from The Honest Company and plenty more.

You’ll also receive a cool gift bag stuffed with free samples and a $50 coupon book with savings at major outlets like Starbucks and Liz Lange.

Here’s just some of what you get:

  • Munchkin Latch 4 oz. baby bottle
  • Baby Aquaphor diaper rash cream
  • MAM newborn pacifier
  • Johnson & Johnson Head-to-Toe lotion
  • A 10-piece sample pack of baby wipes from The Honest Company.
  • Pampers samples of diapers and wipes.
  • Lanisinoh disposable nursing pads and breastmilk storage bags
  • Johnsons’s “Baby’s Firsts” guide to first-year milestones
  • Babyganics Moisturizing Daily Lotion sample tube
  • Mustela Hydra Bebe body lotion sample
  • Zarbee’s Naturals baby immune support vitamins
  • 10% off any nursing bra and/or camisole.

Two:  Sign Up for Amazon Family

Amazon Mom Family

Amazon Mom Family

Amazon Family (formerly Amazon Mom) comes with a free 30-day trial, or you can access it for free if you’re already a Prime member.  Just create a child profile to begin and save up to 20% on diaper and baby food subscriptions.   You’ll also get additional discounts on other family products.

Amazon Family is part of Prime so all shipping is free.

Refer your friends and get an additional $10 in Amazon credit to use for free diapers.

Three:  Get Free Amazon Cards for Diapers

Swagbucks

Swagbucks

Wouldn’t it be great to get free Amazon cards and then use them for diapers and other baby products?

Good news – Swagbucks and InboxDollars give you that opportunity.  Here’s how it works.

Swagbucks gives you rewards points for various online actions, such as using their search engine, taking surveys, watching videos and playing games.  Then just redeem your rewards for Amazon gift cards (or cards from other stores) or as cash through PayPal.

Signing up is free and you’ll even get a $5 sign up bonus.

TIP:  Download the app and perform many of the tasks on the go.  You can easily earn $25 each month in Amazon cards with minimal effort.

InboxDollars is another loyalty company offering rewards for shopping online, taking surveys and watching videos. Redeem your points for an Amazon card to use on anything you want.

Four:  Get Free Diapers by Signing Up with Diaper Companies

Huggies Rewards Program

Huggies Rewards Program

Diaper companies know that most parents find one diaper brand they like and use them exclusively as long as their child needs diapers.

Naturally, these companies want you to be loyal to their brand, and not to their competitors.  So they’ll happily give you free diaper samples to earn your loyalty.

Huggies Rewards program offers free diapers and wipes when you redeem Huggies points.  You can get 500 free points just for signing up here.

When you make a purchase of Huggies diapers or baby products, upload your receipt to their site to get more points added to your account.

Huggies recently lowered the number of points needed to acquire coupons for free diapers and baby products so saving money is easier than ever.

In addition to Huggies, check out the rewards programs at the other major brands:

Pampers

Luvs

GoodNights

More Free Samples

Honest Company – Jessica Alba’s environmentally safe company will send you 7 premium diapers and 10 baby wipes. The diapers contain no chemical bleaches.

Dollar Diaper Club – Get a free trial and they’ll send you 6 organic diapers and 10 wipes.

Everyday Happy – Receive a free trial box of premium diapers and a package of bamboo wipes.

Simply Right – Sign up on their website and this Sam’s Club brand will send you free diapers and wipes.

Five:  Smart Couponing for Free Diapers

Clipping Coupons

Clipping Coupons

Check your local paper and online for diaper coupons and look for diaper sales at your local stores.  By timing your coupons with diaper sales, you can really save on diapers, or even get them for free.

Here are a few places online where you can clip baby diaper coupons.

Huggies coupons

Luvs coupons

Pampers coupons

Six:  Use Referral Programs for Diaper Money

baby diapers

baby diapers

A couple of companies offer lucrative referral programs that could add up to a lot of free diapers and wipes.

Diapers.com gives you $5 in diaper credit for each person you refer to their site.  Sign up for their referral program here.

If you have an active Facebook or Instagram account, ePantry has a referral program.  Post to your accounts and earn $8 for every mom you sign up.

Occasionally ePantry runs promotions offering up to $20 per referral.

Seven:  Charities and Government Programs Helping with Diapers and More.

Free baby diapers

Free baby diapers

The National Diaper Bank Network helps low-income families with free diapers.  The non-profit network has chapters nationwide so those in need can pick up diapers locally.

This is a great complement to food stamps and WIC, which do not provide diapers.

NeedHelpPayingBills.com aims to assist the needy with a variety of needs.   Here is their free baby diapers resource list of organizations everywhere that are ready to help.

Eight: – Save by using cloth diapers

Cloth Diapers

Cloth Diapers

Washable cloth diapers are an environmentally friendly option for your child.

They can also help you save money, especially if you have, or plan on having, more than one child in diapers.

Nine:  Call Pediatrician or Hospital for Freebies

Pediatrician and hospitals give diapers

Pediatrician and hospitals give diapers

Hospitals often give you stuff you need for your newborn, such as a free diaper bag or car seat.  Check with your hospital before your due date to see what is available to you.

Your OB/Gyn doctor and pediatrician are also great resources to consider for free baby diapers, bottles, and formula samples.  They can steer you in the right direction and they usually have baby samples right there in their office.

Like It?  Share It!

If this post was helpful, please share it with others who might like it too.  Thanks!

<!– –>

Source: incomist.com

The Millionaire Next Door Book Review [6 Important Lessons]

You know that plumber who lives on your street and drives the beat up pickup truck? He’s much more likely to be a millionaire than the executive next door driving the BMW.

Don’t believe me? Well that was a common theme found in The Millionaire Next Door:The Surprising Secrets of America’s Wealthy by William Danko and Thomas Stanley.

The Millionaire Next DoorThe Millionaire Next Door
The Millionaire Next Door: The Surprising Secrets of America’s Wealthy

The authors surveyed thousands of real millionaires and their answers revealed many surprising lessons, such as:

1. The wealthy don’t always look wealthy and vice-versa.

People who look rich may not actually be rich.

They spend more than they can afford on symbols of wealth but have modest portfolios. Some are living paycheck to paycheck, heavily in debt with little or no savings.

Conversely, real millionaires usually live in middle class neighborhoods, drive cars they own outright, and don’t spend extravagantly on material things.

2. They don’t spend a lot of money on cars.

The authors point out that cars are the second biggest material expense in our lifetime.

If you add up all the money you’ve spent on cars over the years it can be really eye-opening.

Even if you’re young, the amount you’ve spent on cars compared to how much money you’ve earned is usually pretty high.

According to their survey results, most real millionaires buy a nice car, like an Acura or Lexus. They buy it with cash, or make payments until they own it, and ultimately hold on to the car for at least a decade.

Forbes backs this up, stating 61% of those earning at least $250,000 a year are driving Honda, Toyota, Acura and Volkswagens.

3. They save and consistently invest.

In America, our average household savings rate dipped into the negative in 2005, for the first time since the Great Depression. The savings rate has improved but is still only 5% currently.

Which brings us back to your original question; What are the secrets only the wealthy now and the middle class is unaware of?

Now, we all know saving money to acquire wealth is not a secret. But clearly this is an area the middle class can improve in

Compare that negative savings rate to that of the average millionaire, who invests nearly 20% of their income.

In its simplest form, that’s really all wealth is; earning more than you spend and investing the difference — consistently.

Consistently investing means you are fully capitalizing on compounding interest.

It means you are turning small contributions into large sums over time.

4. They adhere to a budget.

The majority of millionaires stick to a budget.

Even among those who don’t budget, they pay themselves first with money directly to their savings and investment accounts. They then work from the remaining funds.

But the majority do take the time to budget, even if they don’t want to, because the know the long-term benefits first-hand.

5. They spend a lot of time managing their money.

managing money

managing money

The wealthy spend a lot of time budgeting, goal setting and managing their portfolios.

According to Danko and Stanley, the wealthy spend nearly twice as many hours per month managing their finances as those without wealth.

The good news?

You don’t have to earn a big six-figure salary to accumulate wealth, as long as you plan for it.

In their survey of 854 middle-income workers, the authors found a strong correlation between investment planning and wealth accumulation citing; “Most prodigious accumulators of wealth have a regimented planning schedule. Each week, each month, each year, they plan their investments.”

6. They own their own business or work for themselves.

Not everyone that gets rich owns their own businesses.

But in The Millionaire Next Door, they discovered a lot of folks who ran their own service businesses such as landscapers, plumbers, electricians, commercial cleaners and so on.

One of the key takeaways of this book for me is many millionaires attributed their dedication to financial planning as a requirement of doing business.

Because their business finances and personal finances are so closely intertwined, they really have no choice but to consistently examine their finances in order to survive — and thrive.

There’s many more lessons in the book but I wanted to mention some of the biggest takeaways for me.

Thumbs Up

I initially read The Millionaire Next Door around the year 2000.  I don’t remember the exact year.  But it was very impactful in my life, so much so that I’ve read it several times since then.

It’s a mindset book as much as it’s a nuts-and-bolts how-to book.  Much of the advice is tried and true stuff your parents or grandparents would tell you.   You’d be wise to listen to it, as tried-and-true tactics provide the best template to follow for proven success.

At the same time, the data from their surveys also uncovers many surprising similarities among millionaires.   Tendencies and habits that challenge conventional wisdom and make you rethink your employment, lifestyle and personal finance decisions.

It’s definitely one of my favorite personal finance books, which is why I wanted to share the lessons I’ve learned from it here.

The Millionaire Next Door is a must-read, no matter where you are in your personal finance journey.  It really provides the proper mindset needed to successfully manage your money.

It sets the right foundation for your money goals.  When you see the common habits of hundreds of millionaires, along with the logic behind those habits, it’s becomes painfully obvious the personal choices you need to make to become a millionaire yourself, or at least improve your personal finances significantly.

Have you read The Millionaire Next Door?  What is the biggest lesson you learned from reading it?

<!– –>

Source: incomist.com

How to (Actually) Stop Overspending on Christmas Presents

problem overspending on christmas presents?
how to not go totally broke buying christmas presents
how to never overspend on christmas presents
tired of going broke at christmas?
how to actually stop overspending on christmas presents

Here are the 5 steps you need to take to stop yourself from overspending on Christmas gifts

The excitement, the gingerbread latte is now kicking in … the click-clack of your shoes racing down Target’s floor tiles… as you frantically snatch the must-have toy of the season off the shelf, clutching it possessively to your chest!  

VICTORY!

As you round the corner trying to get back to the main aisle, you can’t believe your eyes; you haven’t seen this Magnolia item in stock in FOREVER! In your shopping cart it goes! Off to checkout, and you slooooow way down going by the girl’s section, and think, “That’s super cute! My little one would love that!” It too goes in the cart!

An hour later, and your phone bings at you. Yup, it’s a large purchase amount alert from your credit card. It reads, “Did you spend $358.42 at Target? This amount is over your alert limit notification settings”.

And just like in The Christmas Story, you say (in slow motion for dramatic effect) “Oh FUDGE!”

You totally overspent! Again! You told yourself you weren’t going to overspend on Christmas presents again! (like ever!) Last year’s holiday credit card bill left you with hives, and you promised yourself that this next year would be different!

Well, guess what, that Target scenario up above… it was just a dream. Just like Ebenezer, there is time for you to change your ways. You’re not doomed to follow the same path you did last year! So if you’re ready, let’s dive into how to stop overspending at Christmas!

how to stop overspending on christmas presents

This post may contain affiliate links. Please read my full disclosure for more info

What is the Christmas Debt Hangover?

Ugh! No one likes a hangover! But unlike a hangover from too much bubbly, a Christmas debt hangover can last months and months (sometimes years)! No thanks!

According to a MagnifyMoney survey, “Americans took on an average of $1,325 of holiday debt in 2019”. Here’s how their numbers played out…

  • 44% of consumers took on debt this holiday season, and the majority (57%) didn’t plan on doing so.
  • 78% of those with holiday debt won’t be able to pay it off come January, including 15% who are only making minimum payments.
  • 58% of indebted consumers are stressed about their holiday debt.
  • 40% plan to consolidate debt and/or shop around for a good balance transfer interest rate, but more than half won’t even try. Of those that won’t try, 20% think it’s not necessary, and 18% don’t want to deal with another bank.

Now specifically regarding how long it would take them to pay off the debt, survey responders said…

  • 22% said one month
  • 21% said two months
  • 19% said three months
  • 8% said four months
  • 16% said 5+ months
  • 15% are paying only minimum payments

Right now, The Fed Reserve lists the average credit card interest rate to be 14.52%. You can generally assume that your minimum payment will be about 2% of your total bill. Here’s a screenshot of how long it would take to pay off the card (if you didn’t put any more purchases on it).

magnify money debt calculator
using Magnify Money’s credit card debt calculator

64 months? Paying $582 in interest? W.T.F.!

Are you ready to tame your shopping spree beast? Because, after looking at those numbers, overspending at Christmas is not cool!

How to stop overspending on Christmas presents: Step One – decide what you will focus on besides the gifts!

It’s just smart sense that when you take something away, you need to replace it with something else. Instead of a donut, have a whole grain muffin!  

So instead of focusing on gifts, what do you want to spend the season focused on? I’ve got a great list of frugal family fun ideas for the holidays!  These are bucket list items perfect for the holiday season!

You’re especially going to need something fun to do Christmas morning, as you don’t want the day to be anticlimactic without all the presents, as it might be hard on our littlest ones. Think about…

  • Doing a Meals on Wheels delivery route in your neighborhood.
  • Go caroling.
  • Do a Christmas movie marathon (pj’s required!).
  • Make a full holiday meal together as a family.
  • Go sledding/skiing/ice skating or go to the mountains for snow time fun! Don’t forget the hot cocoa and accessories for the snowman you’ll build!

Step Two – Consider a gifting strategy

Every good General knows that you need a plan of attack or a strategy, shall we say. And if you don’t think Christmas shopping is kind of like preparing for battle, then hats off to your peaceful and serene holidays of the past. The rest of us battle-weary moms can barely nod in agreement (as we’re still a little shell shocked from last year’s holiday season).

Strategy One – Adopt the 4 Gift Rule

This one is amazing in its simplicity to help you stop overspending on Christmas gifts! It caters to those toying with the idea of having a minimalist(ish) holiday, and it’s gaining popularity every year! You gift each recipient (that you would typically buy lots for) just four gifts.

  1. Something to wear
  2. Something to read
  3. Something they need
  4. Something they want

I’d like to think of it as a way to buy a more meaningful selection of gifts. As you’re looking not just to buy lots of things, but purchase specific items. Hopefully, the receivers will appreciate their gifts a little more and not get lost in the craze of ripping off wrapping paper at the speed of light.

Don’t forget to snag your printable gift list tracker; there’s a four gift rule one and then a classic gift list printable. Everything you need to stay organized and on budget!

christmas gifting list

Strategy Two – Give the gift of an experience

Maybe your kids have everything that they need! Maybe you are dreading anything more coming into your home as you need to get your Home Edit on right now!

If that’s the case, then consider giving an experience instead. This could be a short trip to the beach or a big trip to Walt Disney World. Or tickets to a sporting game or an event like Comic-Con. Go as big or as small as you like. Set aside the Christmas money and put it in a sinking fund to make this experience come true (even if it’s at a later date).

Hint: if it’s a trip to a theme park, some have vacation planning DVDs or online videos (DisneyWorld does). This would be a great thing to wrap and put under the tree!

Strategy Three – Go the D.I.Y. route

Now, this isn’t for those of us that are all thumbs (meeee!) I am not a crafter/knitter/artist/DIYer by nature. But for those of you that are, consider harnessing your talent for homemade gifts!

Even if you don’t have a talent, maybe consider gifting a custom photo book from Shutterfly. Or collect great grandmothers family recipes together and turn them into a little book (or place her most famous recipe on a tea towel! Cute huh!)

That’s right, as your mother always said, it pays to plan ahead! That means getting your Christmas present shopping done early! As the holiday gets closer, we tend to panic slightly; we grab just about anything that will do as a good gift. Most of the time that means we’re spending a little more (because we don’t want to get a cheapo lame gift)!

So start jotting down your gift choices now! Aka ASAP! I.e., immediately!

Okay, you get the drift. Besides, online ordering gets bigger every year, and sometimes there are shipping delays or snowstorms that stop service in half the country (yikes!) You don’t want to get a substitute gift because your original gift won’t be back in stock until January 17th!

Christmas Budget Workbook mock up

Step Four – Use Cash

They say cash is king, and they’re right! Especially when it comes to spending money. Because when the cash is out, the spending is done! It’s genius at its most basic, and it works every time (as long as you leave your credit cards at home). You simply cannot overspend on Christmas gifts!

Using cash envelopes is a strategy used by many successful budgeters! Besides, stuffing these cute festive holiday cash envelopes is fun! You can use one for each person you’re gifting to or use one for each holiday shopping category—I.e., food, decorations, gifting, fun times, supplies, etc. Or if you’re crafty here are some cash envelope templates that you can make on your own!

Nerdwallet references a cult classic report where, “An often-cited study is one conducted by Dun & Bradstreet, in which the company found that people spend 12%-18% more when using credit cards instead of cash.”

Don’t forget that when you pay with cash, you won’t have to pay interest on the charge either! Look at it this way; when you pay cash, you’re buying something. When you pay with a credit card, you’re borrowing the money for it; you didn’t buy it (but you’ll pay extra for it in interest!)

Step Five – Don’t go into the stores!

This one sounds silly, I know, but it’s so painfully obvious. If you don’t have to go into a store, then don’t! Because really, we’ve all gone into a store, we don’t grab a cart because we just need one thing, and we come up to the cashier juggling items like a clown!  

Inevitably when you go into a store, it’s straight temptation. Why do that to yourself? Stay home, and send someone else to the store, or better yet, do some online ordering for that item you need!

Or if you’re poison is the 1-click buy, then take some super easy preventative measures. Delete your credit card info on your devices! GASP! I know, I know, it sounds drastic, but making it just the teensiest bit harder on yourself to shop online could mean saving hundreds! Because honestly, sometimes I don’t get up to walk across the house to grab my credit card number!

Better yet, do a marketing edit! Unsubscribe from those pesky emails from your favorite retailers and unfollow them on social media! You won’t want what you never see! Now, I know you’ve been thinking about this idea for a while, give it a try! You can always go back later and subscribe again!

Simple hacks to stop overspending on Christmas presents

Know your prices

Do you know the regular price of the “sale” item in your hand? Even though it says it’s on sale or discounted 20% off, it might still not be a great price! If you are 100% in on saving money this holiday season, then you should scout your gifts early, record their prices, and wait to see what the “holiday deals” actually are.

Many retailers change their prices regularly. What was $59 in September could easily now be $75 in December. Yet now they can mark it being 20% off! They get to keep their sales margin high enough to get a good profit, and you (the customer) feel like you got a good deal. Winner Winner… oh wait, that’s a bull$hit dinner!

Be smarter than the retailer!

Don’t go shopping when…

  • You are hungry
  • You’re short on time
  • With somebody else (friends can be bad influences, sorry friends)
  • It’s going to be super crowded (instead go early in the morning, or late at night)

Next years plan for Christmas gifting

If you get through this Christmas and going low key on gifts wasn’t for your family, then no problem. You can have the Christmas that your family wants; you may need to start socking away money for it a bit earlier than usual! Check out How to Start a Christmas Savings Plan and How to Plan the Perfect Christmas Budget!

At the end of the day

I know that reading about how to not overspend at Christmas sounds like a bummer of a topic. But honestly, think about how you’ll feel come January when you don’t have that big fat credit card bill that’s knocking out your wallet like it’s Balboa in Rocky 1!

I know that for many of us, we remember Christmases of youth, with mountains of presents, and we want to recreate those warm fuzzy memories for our own kids. But those warm fuzzy feelings can be created out of so many instances, not just present opening. So save yourself the agony and angst of overspending at Christmas, and don’t even go there!

Christmas Budget Workbook mock up

What are your top tips for how to stop overspending on holiday gifts ?

Source: moneyforthemamas.com