Start saving for holiday shopping now
It’s hard to believe, but the holidays are just a few months away. And if current trends continue, there’s not going to be a lot of spending on gifts this year.
A survey by PriceGrabber.com found that 75.3 percent of consumers are concerned about holiday gift giving this year because of the economy.
The online shopping site has put together a list of tips on how to save $1000 over the next three months, so you’ll have a little more cash for holiday gifts.
Have you started your holiday shopping yet? Let us know some of your savings tips.
1. Pack a lunch. Eating out five days a week at $10 a day costs $50 per week. Preparing a daily meal at home with $3 worth of groceries can yield savings of $35 a week. Potential 3 month savings: $420
2. Downsize the cell phone plan. Cell phone rates vary based on the desired amount of coverage. Downsizing from a $140-per-month plan to a $60-per-month plan could lead to savings of $80 per month. Potential 3 month savings: $240
3. Live without the latte. Drinking the free coffee in the office instead of spending $3 on coffeehouse coffee every work day can save $15 a week and $60 a month. Potential 3 month savings: $180
4. Search online for coupons and discounts. Taking the time to cut $30 worth of coupons online or in the newspaper can add up each month. Potential 3 month savings: $90
5. Join the library. Checking out two books a month instead of buying two books at $15 a piece can help consumers save $30 a month. Potential 3 month savings: $90
Total potential 3 month savings: $1020
(Photo: Doug Kapustiin)
Categories: Budgeting, Cheap/Frugal, Holiday shopping, Shopping





Comments
The holidays are coming and you might have planned to travel to your favorite travel destinations. Here are some uncommon tips that you should remember while budgeting your travel. Such as, use the companion fare facility that comes with your credit card, don’t stay in hotels, stay in travel homes and don’t travel by air always. For more details on these tips refer http://www.financemetrics.com/proven-tips-to-save-for-a-holiday/
Posted by: holiday budgeting | September 22, 2009 5:51 AM