8 Tips To Control Your Holiday Spending

Halloween is not the biggest holiday dollar-wise. Consumer spending is far higher for Valentine’s Day and Mother’s Day. At least this occasion may involve the whole family, including your pets.

Given the approaching festivities, it is time for a sound financial plan to spend wisely, make end of year investing decisions and have fun.

– gifts for families, friends, co-workers, and neighbors; – non-gift holiday items, notably candy, food, decorations, greeting cards and flowers. If you can reuse decorations, go for it;

1. Use A Shopping List to Plan In Advance

The point of tracking spending is to be more conscious about your purchases so that you can be guilt free and can enjoy the holidays.

2. Keep Track Of Your Spending

3. Avoid Procrastination, Shop Early

Start shopping early so you aren’t forced to buy in a hurry.  Procrastination is costly, especially during holiday shopping.

4. Have A Plan For Reducing Debt

Start a plan during the holiday season that you can commit to even if it means after the holidays. Pay more than the minimum amount owed and work your way toward paying your balances in full every month.

Feeling good while shopping makes it hard to resist impulsive purchases. So need to work harder to avoid that feeling.

5. Be A Savvy Shopper

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