The holiday season is here! While many people look forward to this time of year, holiday spending can sometimes leave us feeling overwhelmed and financially strapped come January. Check out the tips below for great ways to save during the gift-buying season.
Make a list
Experts suggest making a list and really sticking to it. It might seem like a common-sense step, but many people simply don’t do it - and end up doing a lot of impulse shopping as a result. A holiday shopping list can help you curb those off-the-cuff shopping decisions and lead to a better-managed budget.
Consumers reportedly spend 12-18% more when they use credit cards. Stick with cash wherever possible, and you're more likely t!o curb your spending and stay within your holiday budget.
Be a savvy shopper
There are several apps out there that allow you to find the best price on an item. For example, the FamilyWize app is free to download and use can save you money on prescriptions every time you go to the pharmacy - just show it when you're picking up your prescription and ask for the best price.
You can also check out coupons through sites and apps such as Retailmenot. Whether you prefer printed coupons, smartphone apps or loyalty cards, there are plenty of ways to save on holiday purchases, provided you know where to look.
If you're planning on using air travel, make plans early to get the best savings on a flight. Also, shipping bags and gifts ahead of time might result in saving on checked baggage. Flying on the holiday itself is also a way to make sure you get the best savings on airfare. Generally, traveling by car will save you money, if it’s feasible to drive to your destination.
Save on power this season by using LED lights to decorate your home, which use 99% less energy than traditional bulbs. If you're looking for a change in holiday décor without the additional cost, arrange a trade with friends and family members. You’ll enjoy a change in decorations this season without the added price tag.
Focus on activities, not gifts.
This is a great time of year to focus on festive seasonal activities such as viewing the lights in the neighborhood or going to holiday events in your area. Making great memories with your family and friends will last much longer than the latest popular gift.
Finally, don’t forget to save on medication this season, and throughout the year, by using the FamilyWize prescription savings card.
It’s free and anyone can request a card by printing a card through FamilyWize or by calling 1-800-222-2818. You can also get the app on your iPhone, Android, or Windows Phone. Happy holidays, and remember to enjoy the savings!