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Tuesday, November 24, 2009

4 Budget Friendly Ideas for Holiday Shopping

By Aaron Hu

This Christmas families are looking for simple ways to save money on Christmas Presents. This can be vital with many families experiencing strained finances. The goal is to still have a great Christmas but be able to do it on a reduced budget. This may seem challenging but there are many options that can help you have a great Christmas and still not strain your pocketbook. Here are some great suggestions that you can use this holiday season.

The first thing to do is to look at your budget and see if there is any extra money that you can put towards your holiday expenses. You should also look to see if there are any small things that you can do to earn some extra cash for presents. Even with less than two months left before Christmas don't underestimate the power of saving. Every little bit counts and can make a surprising difference when you start your holiday shopping.

Try to buy not just for this Christmas but for the next one. The big problem with many shoppers is that we often shop in the moment. We see it, we want it now regardless of whether it is a worthwhile purchase or not. If you want to make great money saving purchases you have to have a long term view. It might mean that you may not choose the most expensive item when you do your holiday shopping for this Christmas. You may wait until the after holiday sales where you can get much better savings and keep that gift for next Christmas. Actions like this will multiply the effectiveness of your spending.

Start hunting for coupon and keep an eye out for sales. The name of the game is savings when you do your holiday shopping. Look in store publications and newspapers for the dates and times for big sales this year. Also look for coupons that can add additional savings to your purchases. The new innovation this year is the internet. You can now not only do shopping online, but also find coupons that present major saving. Simply doing a Google search or posting a question on ask.com or askville.com will help you find important information that will lead you to awesome discounts.

Take advantage of clearance sales for other seasons to find great and inexpensive gifts this holiday season. For example my sister often babysits for extra money. She likes to purchase toys that will help make her job easier by giving the kids something new and interesting to play with. As a college student she doesn't make much but she knows how to take advantage of bargains. One of her charges loves Hannah Montana. So my sister saw a pop star set and a Hannah Montana Halloween costume on sale for mere dollars on clearance. She was able to get a gift on the cheap that when she gives it to the little girl she babysits will send her over the moon.

Something simple and inexpensive that you can do for your kids is to have them receive a letter from Santa. It is quite affordable and you can give your kids something that looks like it is from Santa and seems quite authentic. This will help make Christmas magical for your kids without spending a lot.

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