Christmas is coming and that makes it the perfect time for everyone to start saving money for the festive period. Some people will start a new savings account, some will create a budget, and some will do their shopping early. Whatever your method is, there are a few things you can do to help you save more money for Christmas.

We’ve all been there: you desperately need to get a gift for a friend, but you’re broke. Some might suggest you ask them for money, but that’s not very creative. Here are 25 ways you can save money for Christmas without resorting to begging.

word-image-16200 word-image-16201 word-image-5851 These 25 ways to save money for Christmas will definitely help you save money this holiday season! word-image-5852 Christmas is fast approaching and before you know it, you’ll find yourself in a difficult financial situation trying to meet your budget for December. Although Christmas is only a few weeks away, the way you handle your money today makes a big difference, which is why you should read this article. These 25 ways to save money this Christmas will inspire you to save money and enjoy the holidays as they should be enjoyed. Some of these savings ideas are simple and can be implemented in minutes. Others may make you hesitate, but I implore you to try at least some of these money saving ideas and tips and you will save money this Christmas. It’s up to you to decide how much to save on this holiday! Before we go any further, let’s start with the answers to the main questions people ask about saving money for Christmas. Let’s go through them. word-image-16202

How much money should I save for Christmas?

Financial experts recommend spending only 1% of your family’s total income on Christmas. This is a simple and straightforward rule. For example, if you and your spouse make $90,000 together, you won’t spend more than $900. If you have multiple children or a large family, you may not have enough money to take care of everything. It’s the opposite. This budget encourages you to take your time, be creative and look for bargains. If you want to save more for Christmas than you currently do, that’s your choice. Just make sure that something necessary doesn’t suffer from the extravagant Christmas spending. word-image-5853

How to save money for Christmas all year round

There are many ways to save money for Christmas throughout the year. First of all, saving money for Christmas starts with the after-Christmas sale. During the post-Christmas sale, you can save on wrapping paper, greeting cards and decorations. And not only that: The longer the product sits on the shelf, the lower the value. It’s not uncommon to be able to buy Christmas items at 90% off. You can also save on next year’s gifts by not shopping until after Christmas. Buy your gifts throughout the year to save a lot of money. Always look in the sales and keep your eyes open for bargains. Of course it is very important to have a budget. Let’s say you want to spend a total of $1,000 on Christmas. Break down your budget into categories so you know how much you can comfortably spend on gifts, decorations and party food. If you buy something during the year, subtract it from your budget. And once you set a budget, you’ll know exactly how much you need to set aside each week to reach your goal. For example, if you want to spend $1,000, you need to set aside about $85 in 52 weeks. If you have less time, increase the weekly amount. So how do you do it? If your disposable income is $85 a week, that could be money you’re saving for Christmas. You can put the money in a regular savings account or check with your bank to see if they offer a special Christmas savings account. These accounts usually require you to leave the money in the bank until after the holidays. This is a great option if you want to make sure you don’t touch the money, but it can be tricky if you want to make purchases for a year. If you don’t have a lot of money available. You need to decide if you want to cut back or take a part-time job to earn extra money. word-image-16203

25 have never thought about how to save money at Christmas

Budgetary compilation

Budgeting will help you manage your money during the holidays.

Stay with yourself

Be realistic about the current world situation. To keep it real, we have to acknowledge that the way we celebrated the holidays, the way we purchased, the way we traveled. Let’s keep that in mind and be realistic. Keep it small and safe and limit your vacation plans. Reduce your expenses and you will save money.


You don’t have to spend hours cutting out coupons, but you can take advantage of the shopping coupons that are available. Coupons help you save money, and if you take a few minutes each day to plan your shopping, you can save a lot of money with coupons. Coupons and discount codes can help you save money. Always look for discount codes.

Reserve for savings

Set aside a certain amount of money each week. Even if you don’t have much, set aside the amount you do save and put it aside. Saving money in an account is a great way to save for Christmas.

Buying an item on sale

Many items are out of stock, and if you buy the regular price, you won’t save anything at all. Buy items on sale during the holidays. Now, as for the hot tickets, they didn’t sell. If you wait until a popular item goes on sale, it probably won’t happen. word-image-5854

Using a shopping list

If you make a shopping list and stick to it, you can save money.

Plan the menu for the week

Create a menu for the week – this way you’ll spend less time in the kitchen and save money.

Refusing to eat too much

I know it’s very tempting to grab a bite to eat while Christmas shopping, but if you want to save money, avoid eating out as often as possible.

Bring your own lunch

If you’re going to work, make sure you bring a lunch and don’t buy it on the spot. Doing so is guaranteed to save you money!

Self-brewing coffee

Again: I know it’s cold outside and you want to warm up with an expensive cup of hot coffee. Don’t buy coffee and make it at home.

Stop smoking

I know it sounds simple, but it’s 2019 and we all know that nothing good comes from smoking. Maybe it’s time to reduce your cigarette consumption and set a goal to quit by 2020.

Refusal to buy alcohol

If you want to save money, you need to start buying less alcohol. If you throw Christmas parties and buy alcohol, it will cost you money. The solution to this problem is to ask guests to bring their own alcohol.

No need for a professional manicure

Don’t let your hair do it and spend the money on something you need. If you want to save money this holiday season, leave a manicure and save the money.

Selling your unwanted stuff

Social media and apps make it easier to get rid of unwanted items in exchange for money. Use these services and start making money from stuff you don’t need anymore.

Insulating your home for the winter

Lowering the cost of your bills makes a big difference, and winterizing your home will definitely help you save money on your bills. Again, you can use the money saved for Christmas expenses.

Preparing meals at home

Cook meals at home and see how much money you save. Use your menu and grocery list and you will see your grocery budget shrink.

Turn off and disconnect electrical equipment

Unplug the unit when not in use. This goes for Christmas lights too – set a schedule and don’t leave them on all the time.

Use Swagbucks to earn free gift cards

There are so many ways to earn Swagbucks and redeem them for gift cards that will help you save money. For more information about Swagbucks and how you can earn free gift cards, click here.

Don’t spend too much on gifts

I know you want your kids to have a memorable Christmas, but breaking the bank to buy too many toys is not a good idea. Stay authentic and create memories in a different way.

Unplug the cable

You don’t need all those channels. Look for alternatives to TV such as Hulu, Amazon Prime, Netflix, etc. I can guarantee you that there will be plenty of Christmas movies. At Mohu, you can get a free HDTV with no annual contract.

Find the right mobile data plan for you

With many people staying home and traveling less, switching to mobile plans is a great way to save money. With travel becoming less common and people increasingly working from home and staying at home, you don’t need to pay for unnecessary mobile services. By using wifi and limiting your data plan, you can save a lot of money. I only paid $15 a month for my smartphone subscription, and honestly, you should look for smaller companies. If you want to find an affordable wireless provider, I highly recommend my provider Republic Wireless. You want to lower it even more? Get on Tello! Tello is a great service that I use with my iPhone and it costs me $11 a month for 1 gigabyte.

Do not use credit cards

If you have credit card debt, I suggest you stop using your credit card and stick to a cash only budget. And not just during the holidays, but until you get your credit card usage under control. Why go into even more debt by using credit cards during the holidays, adding to your financial stress?

Change of insurance

Ask around and look for a better rate. We recommend that you look for a new insurance company every two years. During a pandemic, people drive less, call your insurance company to find out how you can save money.

Manufacture of own products

Make your own laundry soap – it will save you a lot of money. Make your own detergent and use vinegar to wash your windows and as a fabric softener.

Using applications to earn money

If you have a smartphone, I recommend you download and use these applications: To help you save even more, download our free 10-page Christmas planner. Click on the picture for more information. word-image-5855


Take a look at these Christmas messages I know there are many other ways to save money for Christmas, but these ideas are very helpful. Especially if you’re short on time and Christmas is fast approaching.

Now it’s your turn. In what other ways do you save money for Christmas? Share with us.

The next two tabs modify the content below. word-image-5856 Latina, mother of four, married to a kindly Greek gentleman. I live in southeastern Pennsylvania and try to balance family and home while making money at home. Follow my journey as a stay-at-home mom and learn how to earn and save money so you can continue living debt-free. word-image-5857

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Frequently Asked Questions

How do I save for Christmas?

We are all striving to get the most for our money during Christmas time. This is a big event for many people. Whether you have a family, or you are just going to be spending the day with your closest friends, Christmas is important to many people. Don’t be so busy that you forget to think about what you are going to do for Christmas. Thanksgiving is almost here, and if you are like most people, that means you will probably be spending a lot of money this holiday season. If you’re on a tight budget, it’s easy to get discouraged by how much you need to spend over the next few weeks. But saving money for Christmas can be just as easy—and just a little more fun—than trying to save for that last-minute gift.

What are 10 ways to save money?

Are you trying to save money this holiday season? How about this one, instead? Saving money sounds like a pretty good idea, right? I mean, who doesn’t want more money in their back pocket? But, what if I told you there are more ways than you think to save money? And they don’t all involve going without. When it comes to saving money, I have a really weird quirk.  A lot of people save money by paying off their credit cards each month, but I don’t want to do that, because I hate paying interest.  Instead, I save money by paying off my other debts first.  It’s weird, but it works.  If you want to save money, here are ten money saving tips.

What’s the 30 day rule with money?

One of the most common questions at Christmas time is how much money we are going to have to spend. The truth is, this is a big deal for most of us. If we tell our friends and family about a lot of debt, they will think we are irresponsible people who are not a good role model for others! Money, money, money. It’s one of the most important things in the world, if not the most important. Money makes the world go around, and you can think of yourself as living a prosperous life if you have enough money. But how much is enough money? How much is enough for you? How to you know if you have enough? What if you want more? What if you want more right now?


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