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Last Minute Holiday Spending Tips

December 20, 2018Financial Fitness

Even though every store is claiming to have the greatest last minute gift ideas for the special people in your life, you don’t have to stress yourself out with overspending. Here are some tips to keep YOU (and your wallet) in check during these last few Christmas shopping days.

Follow your list and check it twice. Stick to what you planned to spend before visiting any store or website!

Be a smart shopper. Use the internet to price compare before setting foot in a store. You could save some time looking for the best deal, and save money on your purchases. Sign up to receive emails from your favourite retailers throughout the year, which will give you the inside scoop on the best deals.

Free is a beautiful thing. Check out all your reward cards such as Petro Points, HBC, Air Miles and PC. This is a great time of year to take advantage of their offers and shop for free.

Naughty or nice. Be nice to yourself and avoid using credit cards as much as you can during the holiday season. If something needs to be purchased on plastic make sure you can pay off the full amount within 30 days.

Become an elf! If you have creative talents, such as cooking, crafts, etc., making your own gifts can be very special. If you’re not very creative, consider giving your time. Offers to baby-sit or to do something special for someone can be very personal and appreciated gifts.

Remember… Santa’s elves work all year. Start thinking Christmas in July next year. Shopping at the last minute often results in making additional purchases you don’t really need because you are feeling rushed and frenzied.

Enjoy the season! Substitute expensive get-togethers and elaborate holiday dinner parties with inexpensive entertainment at home. Host a neighbourhood potluck dinner or an evening of caroling over the next two weeks.

Finally, keep in mind that the holidays are not all about spending, but giving. Some of life’s richest gifts can be given without any real cost to you. Spend time with your loved ones and friends, and have a blessed holiday season.

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