‘Tis the season to
be jolly constantly worried about your finances.
There are lots of things to look forward to in December, office Christmas parties, secret Santa presents and plenty of nights in the pub.
However, all the merriment does have one glaring downside, the cost it has on your pocket.
As the Christmas period approaches don’t be caught out. Use these tips to make your cash go further.
Bring your lunch to work
This is a simple but easy way for you to stay on top of your finances. Try to bring in leftovers or a homemade lunch at least three times a week. You’ll save a fortune in the long run and your waistline will thank you for it.
According to a study published in the Journal of Consumer Research, paying with credit cards made shoppers more likely to spend money and buy impulse items. Use cash and watch your pennies.
Save your points
Lots of companies like Boots, Tesco and Sainsburys offer customers loyalty cards. A great way to make your cash go further this year is to save up your points for the big Christmas shop. It could make a huge difference.
Have a Christmas shopping plan
You should never leave the house without a shopping list. Write down exactly what items you need and stick to it. This should help you to resist any impulse buys that you don’t really need.
Set up price alerts
Have you found the perfect xmas present but it’s just a little bit out of your budget? Sign up for a price drop alert. There are plenty to choose from online. Simple copy and paste the url of the product you want to watch and you’ll get an email when the price drops.
Book travel in advance
Are you travelling home for Christmas? If your family is scattered around the country then you should consider booking your tickets now to take advantage of the cheaper deals.
Lots of people get paid early in December (usually before Christmas). Unfortunately, this means that January can be a very long month (often 6 weeks between pay cheques). Don’t forget to factor that in when you’re budgeting over the holidays.