How to save money on Holiday shopping

November 24, 2012 Comments Off

Holiday shopping can be one of the most stressful activities we face all year. The crowded stores, the frenzied bargain hunters, and the quest for the perfect gifts for our loved ones can add up to a big headache. But nothing compares to the stress we feel when the credit card bills begin arriving in the mail.

But holiday shopping doesn’t have to be an exercise in how much debt you can rack up. There are ways to save a significant amount of money while still giving gifts of which you can be proud. One of the best ways to accomplish this is to shop on Black Friday.

Black Friday, or the Friday after Thanksgiving, is the biggest shopping day of the year. Bargains can be found on Black Friday the likes of which will never be found any other day of the year. And many stores employ “early bird specials” to draw customers in as early as Midnight on Thanksgiving night. Taking advantage of these specials, especially on higher ticket items such as television sets or laptop computers, can save you a significant amount of money and it makes getting up really early worthwhile as well.

Another easy way to save money on holiday gifts is to open up a “Christmas Club” account at your bank in January. These accounts allow you to have a certain amount of money direct deposited into an account that can’t be accessed until typically late October or early November. Then when it is time to withdraw the funds you are ready to hit the stores with cash in hand and possibly no need to pay with plastic and rack up interest as well.

Holiday shopping doesn’t have to be stressful. All one has to do is use a bit of common sense. Happy shopping!

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