The holiday season is a special time that brings friends and family together regardless of how much money you spend on gifts. With so many sales, deals, and bundles at hand it is super easy to OVERSPEND during the season. They don't call it debt season for no reason.
Why stress yourself, your wallet and your credit score out? Don't worry sis we're here to help.
The Canadian Imperial Bank of Commerce website offers some amazing tips on how NOT TO overspend. They suggest things like creating a budget early, as in today, consider homemade gifts, and manage expectations.
The article reads; "If you want to cut down on expenses this year, you either need to compromise on the quantity or quality of gifts. One way to do this and ease your anxiety as a result is to talk about your holiday shopping strategy with your friends and family beforehand to manage their expectations."
I love the idea of homemade gifts but I definitely do not have the time to make my family separate gifts. For me, making a list of who I want to buy for and creating a budget for each person, then sticking to that budget is the best route for me.
Which strategy are you going to use to help with holiday overspending? Let us know in the comments below.
Side note: Doing your research and finding great deals is one of the tips on how not to spend. Glamourina is offering a special Black Friday/Cyber Monday deal with $20.00 for all items in store. See all of our deals HERE!
Click HERE to read the full article for more holiday spending tips and tricks.