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Budgeting your time / money

It’s that time of year again. With the holiday season coming up there is a lot of excitement in the air. The stores, houses and work offices are becoming festive, coffee shops are now selling their seasonal lattes, and it’s starting to feel like winter. Everyone is looking forward to spending time with friends and family and making great memories and looking forward to “the most wonderful time of the year”. However, you might be worrying about how you’re going to afford all of this. Holidays can be very expensive and might be overwhelming.
Don’t freak out just yet! I can help take some stress off your shoulders with some tips on how to budget your money while still enjoying the holiday season:
Step 1: Decide a budget
This is the time when you have to be honest with yourself about how much you can spend. Although those diamond earrings look beautiful you must be realistic on what you can spend. Take a half hour and sit down and figure out how much you can spend without hurting your bank account too much. It will also making shopping easier.
Step 2: Create a list
Once you walk into the shopping mall your head is going to be spinning. You are going to see crazy people trying to grab that last sweater on sale or they may even push you out of the way. And let’s not forget about the hostile crowds you will have to face. Make a list ahead of time of who you have to get gifts for and the dollar amount you have to spend on each person.
Step 3: Smart shopping
There are so many ways that you can save this holiday on gifts you just have to take the time to bargain hunt and get creative. Some examples could be booking your travel during non-peak days. You may be able to find better deals if you’re willing to go at odd hours or days. Coupons are not overrated and should be used whenever available. This will allow you to get those gifts at discount. Lastly, DIY presents are a great option. Homemade gifts say that it came from the heart and can also save you a lot of money.
Step 4: Tweak budget
Don’t feel like because you set a budget you have to stick to it. If you are still struggling with money you may want to go back into your budget and cut back in some areas. Make adjustments when necessary. This is your money and your budget and if you want to spend a little more on your mom this year then do so. However, if you can’t find anywhere to cut back in your budget but still are short on money there are some alternative ways that you could make some quick extra cash. Selling your unwanted stuff on amazon or eBay is a great way to get rid of things you don’t use any more and make money from it. You could forego eating out for the next month to save or lower your cable plan since you won’t be spending a lot time in front of the T.V this month. There can be many ways to save so that you can buy those gifts without feeling too bad.

It’s never too late to start saving money and these tips will help you make the most of your money. Staying on a budget will help you make the most of your money. Remember money is only paper. Enjoy the time spend with friends and family this holiday season. Get ready for the New Year and all it will bring.

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