Meta Description: Planning to spend or save this Holiday season? Discover tips to accomplish both.
Celebrate this festive season without the guilt or fear of spending too much money than you can afford to. Make a practical holiday money
A festive season ahead need not be a precursor to a period of huge spending. You can save money by being realistic about your spending plans. Getting creative with gifts can also prevent dents to your pockets. In addition to the above, add a little caution to safeguarding your money, and you have the recipe to make this festive season truly enriching and memorable for you and your dear ones.
Arrive at a Realistic Holiday Spending Plan
It is easy to lose yourself (and your money too) in thoughts of expensive gifts for your family members and friends during the holiday season. Avoid this error by planning your expenses in advance.
List people and items you are planning to spend on during the holidays, and arrive at a tentative budget. Prioritise the list to arrive at spending that is essential and expenses that can be avoided. A realistic expense planner prevents you from losing money unnecessarily and enables more productive spending.
Remember to allocate a certain amount of fund in your planner to meet unexpected expenses.
Keep an Eye Out for Deals
Festival season is for celebration and deals of course! Monitor online shopping stores and offline stores too to catch the best deals in time. Set up a deal alert, which many shopping stores, online or offline, do to be kept informed about the latest deals.
Shopping for the festival several months ahead is also helpful as it can fetch you your desired items at bargain prices.
Give your Creative Muscles a Push
You need not necessarily buy gifts to make your loved ones happy. You could gift your presence and your time and up the celebration quotient. If you are a culinary specialist, you could make a tasty recipe that your loved ones are going to remember for a long time. You could also think about creating a beautiful homemade artwork with reusable items at home.
Create your own gift box and wrap them up yourself. You could use unused but quality packing materials such as cardboards and ribbons, left-off from previous festivals, to adorn your gift. You not only save bucks on paid gift-wrapping, but also make your gift more special for the receiver.
Add a Touch of Safety to your Money
A little precaution goes a long way in saving your money. Start with protecting your identity online if you are planning to shop online for the holiday season. Avoid disclosing your personal and financial information in response to emails asking for such details. Ignore emails with adverts promising unbelievable rewards; such emails are often masks used by fraudsters to steal your identity information such as credit card numbers and bank passwords. 7 Habits to Keep your Online Identity Intact gives you more information on protecting your online identity.
If you’re planning to celebrate your festive season at an international destination, ensure that you book your flight tickets and accommodation in advance. This way you won’t end up paying more for your facilities at the last minute. You can also save money by choosing reliable foreign currency exchange companies that don’t cost you exorbitant amounts by way of exchange rates when abroad.
What are your tips for spending money wisely this festive season? Share them with us here.
Filed under: Global Money Transfer, UAE Exchange Reviews Tagged: Christmas, christmas shopping, Festive Season, holiday money, Holiday season, New year 
