Christmas is the most wonderful time of the year, but it is also one of the most expensive and sometimes stressful times too.
The stress is only made worse if you are having money troubles and are not sure how you’re going to pay for Christmas presents, Christmas dinner and so on. It may not seem so, but there are plenty of ways to have a great Christmas on a shoestring budget. These tips and tricks are just the tip of the iceberg so once you’ve gone through these, be sure to stay on the lookout for other ways.
7 Tips For Enjoying Christmas on a Budget
Go light on décor or make your own – Christmas décor is one of the most expensive parts about having a great Christmas; especially if you’re someone who loves to decorate. If money is too tight this year, make your own DIY Christmas décor or go super light on what you do. You don’t need to purchase new décor every year. Instead, make use of what you already own to save the most money. Here are some frugal Christmas decor ideas.
Give only one or two gifts each – A lot of families buy several gifts for each person on their list, but not only is it not necessary, but it is also incredibly expensive. Instead, buy each person only one or two gifts you know they’ll love. Not only will you save money, but you will also be reminding (or teaching if they’re young enough) that the real meaning of Christmas is family and not gifts.
Draw names – Whether you have a large family, a lot of c co-workers, or many members in your church choir, encourage the use of name drawing. Not only does this save money, but it will reduce stress and save time for everyone.
Skip gifting anyone except family – While it is a nice gesture to purchase gifts for teachers, people you work with and casual friends, don’t feel obligated. If money is tight, skip buying for anyone who isn’t immediate family or friends that you consider family. If you can’t afford it; you can’t afford it. It really is as simple as that.
Make DIY Christmas Gifts – If you do feel as if you must gift to people outside of your immediate family, make DIY Christmas gifts for them. Gift ideas such as DIY sugar scrubs, homemade candy such as this candy cane bark, cost little to make.
Host a Cookie Swap – Instead of throwing a traditional party where you have to buy all of the food and beverages, host a cookie swap. They are lots of fun and cuts back on the amount of food you must provide. Here are tips for hosting a cookie swap.
Shop the sales for Christmas dinner ingredients – Like gift giving, Christmas dinner can also easily get expensive. To help curb the cost, shop sales for ingredients as well as using coupons and cash back shopping apps like Ibotta. You may not be able to save on every part of your dinner but if you take your time and shop smart, you’ll be able to save quite a bit.
Shop your pantry first – Before you hit the stores for your dinner ingredients, be certain to shop your pantry first. You may have more needed ingredients already on hand than you realize. The fewer groceries you must purchase, the less money you’ll spend.
Have a potluck dinner – If you are hosting Christmas dinner, one of the best ways to save on it is to host it potluck style. Have your friends and family bring a side dish or dessert while you focus on the turkey or ham. Here are more ways to save on Christmas dinner.