Alright, how is it November already? This year has flown by, while still somehow feeling like the longest year of all time—what the heck?! But believe it or not, November means it’s just a few weeks until Christmas, and with the stresses of 2020, we thought we’d help take one thing off your mind this year: Christmas shopping. Read on to hear all the tips from our resident finance guru on how to save big money on your Christmas shopping.
#1 Plan Ahead For Black Friday Sales
Black Friday falls on 27 November this year, with Cyber Monday following on 30 November. That means it’s prime time to get your Christmas shopping done early and score big discounts at the same time.
Start thinking about who you’re buying for and what they might like. Then, when the Black Friday/Cyber Monday sales hit the web, you’ll know exactly what you’re looking for and when to snag a discount. Planning ahead is crucial to making big sale periods work for you. Going in without a plan can lead to a festival of spending regret and a gift list that’s more of a mess than your social life in 2020. Get planning, get saving, get shopping.
#2 Get Paid To Shop
Yeah, you read that right. If you’re going to be putting in the hours finding the perfect present for old mate Uncle Darren in the family Kris Kringle, you might as well score some moolah to treat yourself while you’re at it. Using cashback sites can get you a percentage of your purchase paid back to you in cash, which you can use for a new year treat. It’s legit, we promise.
Some sites even have browser extensions that’ll alert you to available cashback, too, which means you’ll never miss a chance to score some free dollars. Thank us later.
#3 Never Miss A Discount
Before you purchase something online, do a quick search for available discount codes to ensure you’re getting the absolute best price. You can even install browser extensions to find matching discount codes in real time.
#4 Compare The Pair
It sounds obvious, but remember to use the power of Google to make sure you’re not missing a special deal. Once you’ve found the gift you want to buy, check search engines for that product and compare the price with other retailers. In some cases you may even be able to ask for a price beat or price match, so you can buy the item from the retailer you prefer, at the price you want to pay. If you’re collecting points or cashback from a certain retailer, it can mean big savings.
#5 Go Second Hand
Get extra planet points while you shop by checking second hand sites for the items you want to buy before you commit to purchasing brand new. Facebook Marketplace, Depop and eBay have tons of products listed every day—a quick search might lead you to a cheaper and more environmentally friendly gift solution on an item you were going to buy new anyway. Winner, winner, you’re no climate change sinner!
#6 Free Christmas Gift Ideas
Let’s be real. 2020 has been rough on our wallets, and for lots of us, holiday gifting is going to need to look a little different this year. If you’re trying to cut back on spending this festive season, why not try some free or low-cost gift giving among your friends and family? You could each commit to making gifts by hand, or providing help or service to one another, or even hosting a swap party to clear out some clutter and clad your crew in new gear at the same time. Showing you care doesn’t have to cost the earth.
Want more help with silly season finances? This guide will have you decking the halls with bows of cash that you’ve saved with these handy savings tips.
Emma is a finance blogger at The Broke Generation and a reformed spendaholic. She shares hot tips on saving, property, tax, career and investing for millennials who want to break the spending cycle and get financially confident.
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