Tips For Saving Money During The Holiday Season

American Investment Planners LLC

500 North Broadway, Suite 260, Jericho, NY 11753

(516) 932-5130 / (866) 932-5130

Though you may have been thinking about the holidays for quite some time already, now that Thanksgiving has passed, it is officially time to begin your holiday shopping. If you've been following our blog, then you should already have a pretty good idea of how to holiday shop on a budget and how to avoid holiday debt, but today, we're going over something new - how to save money during the holiday season. See below for some of our best tips:

Donate your time: A great gift doesn't have to cost you hundreds of dollars - dedicating your time is just as meaningful and valuable to any recipient! Whether you volunteer in your community or help out a family member or neighbor with tasks such as grocery shopping or general housework, simply giving up a part of your day to help others without expecting anything in return can be the best gift of all.

Cut back where you can: Saving a few dollars here and there can really make a difference when it comes to how much money you have leftover for holiday spending purposes. For example, if your family favors going out to eat, order water instead of soda or skip out on dessert. By cutting back on your spending in even the smallest of ways, you can save up enough to feel comfortable buying the gifts on your friends' and family's wish-lists.

Be creative: Channel your inner creativity and take on some DIY projects! Say a scarf is on your list of presents to buy - if you're feeling up to it, you can create a handmade one by following some basic instructions from any local craft store! Or, if you were thinking of buying some home goods such as picture frames, you can create your own and even stick a special photo in it prior to wrapping things up! Like we said under "donate your time," a great gift doesn't have to cost you hundreds of dollars, and a do-it-yourself present is a great way to minimize your costs!

Considering that the holiday season can certainly be one that has you and your wallet feeling overwhelmed, we know how important it is for you to feel comfortable financially - one thing's for sure, these tips are a great place to start!

For additional tips when it comes to the holiday season, be sure to check back to our blog regularly and connect with us on social media. Then, for more information about our financial planning services and how we can help you once the new year rolls around, please give us a call at (516) 932-5130 or visit us on our website!