Budgeting For Christmas: 10 Money Saving Tips to Help your Wallet While Shopping

When it comes to Christmas shopping, the importance of careful budget planning cannot be under-estimated. Not everyone has the luxury to purchase every desire or meet the needs of their friends and family.

Due to tough economy, it has become extremely important to embark on budgeting for Christmas shopping. Besides setting out budget, sticking or strict adherence to it is also essential. This will prevent or discourage impulse buying tendencies which will not only hike the budget, but also result in stress and sad situation for you.

In case you have not started preparing for Christmas shopping, there is no need to panic as this article will educate, inform and enlighten you on the best money saving tips on your Christmas shopping. This will ultimately prevent budget blow-out over as well as the common hassles being experienced by people during Christmas.

Some people consider Christmas shopping as fun and exciting while to others, it is exhausting and stressful. This however depends on how one prepares for it. Those who consider it from the perspective of “a frightful event that must be done” will continue to find it a difficult task to accomplish. Alternatively, those that perceive Christmas shopping from the positive perspective will undoubtedly find it fun and exciting.

We live in a world of economic turmoil in which people are left with less money to spend for Christmas shopping. Hence, it is not uncommon to see a lot of people incorporating Christmas into their budget. There are several benefits that go with this. By incorporating Christmas into your budget, you will be able to control your finances during the festive period.

It is never too late to start budgeting for Christmas shopping. To be sincere, you can still get the best Christmas gifts for your friends and loved ones on budget, without even spending a fortune.

Here are some proven money saving tips to complete Christmas shopping within a meager budget limit:

Save Or Stash Money For Your Christmas Shopping

This is the first and foremost essential tip as far as Christmas budget is concerned. You could create special Christmas fund in banks and save money in it throughout the year. You can then withdraw your savings as Christmas approaches. Stashing away money outside your vicinity every week for this purpose is also desirable. You can continue with this until you save enough funds to cover your shopping budget. You would be surprised to see what you have gathered within a short time.

Low-Budget Christmas Shopping

This strategy involves purchasing Christmas gifts on low budget at a time when they are not expensive and hide them away. With this, you will worry less about money to shop at Christmas and enjoy the vacation season without stress and anxiety. Shopping for Christmas via this tip is really fun as you have sufficient time to search the market and purchase cheap items which may either be unavailable or become expensive as the Christmas shopping season begins.

Use Credit Cards Smartly

It is still required that you prioritize budgeting if you desire to do Christmas shopping via credit cards. In this case, you could prevent huge credit card bill by utilizing your credit card early. You will have the opportunity to evenly spread your Christmas shopping throughout the year and not just waiting till the twelfth month before embarking on your holiday shopping.

Make A Shopping List

Set your financial allocation for Christmas by making a list of the entire items you wish to purchase like gifts, food or decorations and who you are purchasing them for. Once you have purchased an item, cross it off your list. Setting your financial allocation for Christmas this way will help you to keep track of your purchases and ensure that everyone’s needs are catered for. Besides, this practical and rational strategy will prevent you from impulsive buying, overspending and procrastinating till the festive period.

Consider Shopping Wholesale

This strategy is suitable for those who have a long list of people to purchase gifts for. You can buy your toys and gifts wholesale. To make this easier, consider online purchase. A great advantage of this tip is that you get discount items for all your online purchases at the comfort of your home.

While shopping online, it is important to consider shopping on a secured site so as to protect your personal and credit card information.

Many online stores engage in sales and promotional offers. To discover them, browse through several merchandises and compare prices before making your offer.

Apart from offering discount items, several online stores offer various incentives like free shipping during Christmas vacation.

Start Shopping Early

To have a memorable Christmas, starting your shopping early is important. Apart from the benefits of saving money and less stress, you have more time to select the most suitable gift you desire. In addition, you will be able to plan better and enjoy attractive discounts from retailers.

Watch Out For Free Shipping And Delivery Offers

As Christmas approaches, there is usually increase in shipping and delivery services. This is why you should act earlier and avoid procrastination till the eleventh hour. Some stores offer free shipping services. Although, minimum purchase requirement will be brought to the barest minimum, you will still be able to spend within your budget and save huge amount with this opportunity.

Consider Inexpensive Gifts

Many people presume that to win the heart of their recipients, they must send across expensive gift items. This is not true. There are numerous inexpensive gift ideas that will still do the magic. Items like magazines, personalized gift boxes, jewelries, household items, computer accessories like U.S.B, memory cards, flash drive, etc can work wonders.

In addition, you can also consider items like gift cards, which can be delivered via emails, rather than embarking on tangible items. You will be amazed to see how much you have saved in shipping and delivery charges.

Look For Coupons

This is an interesting aspect of online shopping. Look out for coupon codes as you embark on online purchase of your products. To search coupon for any given store, type the “name of the store + coupon” as keyword in search engine. Remember to input the coupon code during checkout. There is usually a huge difference, both in price and net savings before and after using the code.

Consider Using Annual Bonus

Many employers offer their employees bonus check as Christmas approaches. Such money can be utilized for Christmas shopping the advantage of this strategy is that the normal monthly charges will not be altered. However, a challenge with this method is that since this incentive is usually given few days to Christmas, employees may experience stress and difficulty in rushing to get the best gifts for friends and family, due to limited time.

Another disadvantage of this tip is that it is unrealistic as many employees may be disappointed by their employers who usually try to cut costs to enable them survive the unfavorable economic condition.


  • While shopping for Christmas, it is highly important to consider what your recipient like and will appreciate. This will require considerable amount of time and effort.
  • Remember that the tendency to get frustrated may occur along the line, especially when you know what your recipient loves for Christmas and it is not within your budget. Notwithstanding, avoid shopping for a less quality item because in most cases, your recipient may never use them. The best thing is to find an alternative item within your budget.
  • Should you exceed your budget, ensure that there are genuine reasons for doing so. For instance, under-estimating the cost of an item. However, spending within your budget is the best practice. If you find this beyond your control, suspend Christmas shopping and reevaluate your finances for the best Christmas gifts.

In conclusion

By implementing the tips discussed in this article into your shopping routine, you will find Christmas shopping on a budget, extremely easy, enjoyable, less stressful and efficient.