6 proven money-saving, stress-less holiday shopping tips

pulse-ghana admin 11:10 - 18 December 2017

These shopping tips will make your Christmas more economically friendly

To do so, it's important to take the time to carefully plan and budget for Christmas expenditure, so you don’t end up carrying loads of debts after the celebration.

Here are 6 tips to guide your Christmas shopping.

Make a list

Christmas shopping on impulse is economically dangerous. Shops often plan on targeting your spending impulses so making a list and following it religiously helps you beat them.

Purchase only what you can afford

Before you go shopping, decide on what you will really need for the celebration and match it along your budget for the year. Don’t spend so much on unnecessary luxuries at the expense of your savings. Christmas is one day – don't ruin the whole of the next year for it.

Decide on charity gifts before hand

Many before that Christmas is about caring and caring means sharing with the less privileged. Factor these charity donations into your shopping budget and treat it as a holistic part of your spending.

Find the cheapest place to buy gifts in seconds

Use online platforms for comparison of prices and choice of shop ahead of your shopping day to avoid wasting time moving from shop to shop looking for a product.

Don’t borrow for Christmas...

As we saw earlier, Christmas is just a day and you can’t afford to begin the new year with an interest bearing loan tied around your neck. Cut your coat according to your cloth and if it becomes very necessary to go debt financing, go a non-interest bearing loan with flexible repayment terms.

Find big discounts at online outlet stores

Find time to research and find out about stores offering big discounts and take advantage of those discounts to save you some coins. Don’t underestimate discount sales.