Halloween isn’t even here yet, but it’s still time to start thinking about holiday gifts. If you like to go all out on Christmas – especially on decorations, gifts and food – now is a good time to put a little extra oomph in your budget. Here are 7 ways to save money for the Christmas budget.
Since you’re going to be increasing what you bring into your home, now is a good time to make room by selling old belongings. High-end clothing and accessories, toys and collectibles and small electronics in good condition can be sold online. Check out Amazon Marketplace, eBay, Gazelle, Craigslist and Atomic Mall for places to sell your old things.
Plastic Jungle lets you snap up gift cards for thousands of retailers at a discount – up to 20% or more. Give gift cards as a gift or sell them online for a profit. In addition, many brick-and-mortar retailers offer discounts on gift cards during the holiday shopping season, especially when you buy multiple cards.
Another great way to get some money back in your pocket is to lower your monthly bills. Enroll with BillCutterz today and get discounts of up to 30% or more on bills such as cell phone, cable and satellite TV, Internet, home bundles, and more. Find out more about BillCutterz and how they can save you a bundle on your bills.
If you’ve been keeping your change for the last few months or years, now is a good time to cash in your change fund. To get even more money for your holiday shopping budget, keep saving coins until December.
If you have anything left to cut out, such as your daily stop for a breakfast taco or Friday happy hours, now is a good time to take a break through December. Save the extra money you would’ve been spending and use it to splurge on the holidays this year. You can go back to your habits in the New Year, if you want to.
One of my favorite forced-savings habits is to take extra money out of my paycheck so I get a huge refund come tax time. This is a great way for me to have a forced savings account, but it also means less money throughout the year. Adjust your tax withholding (check out Kiplinger’s withholding calculator if you need help) for the next few months to get a little extra cash for your holiday budget. Who knows – you might even keep your withholding this way and stop giving the IRS an interest-free loan.