Tips for Having a Frugal Christmas
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Tips for Having a Frugal Christmas

Posted on Wednesday, December 4th, 2019 at 12:00 am
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People often feel the need to spend a lot of money at the end of the year. It starts with the Black Friday sales, and continues right through December. What if your budget is not equipped for a massive amount of spending? Try these tips for having a frugal Christmas.

Wrap Gifts Frugally

Use up the holiday gift wrap that you purchased last year before purchasing more. If you run out, consider going to a dollar store to buy more wrap and tape. You might be able to get some festive bags to put presents in while you are there.

Another way to wrap gifts frugally is to use newspaper instead of buying gift wrap. It won’t cost you any money – especially if you use the grocery store advertisements that appear in your mail for free. Some gift wrap cannot be recycled, but all newspapers can be!

Make Handmade Gifts

Do you like to bake? It doesn’t cost very much to make a batch of Christmas cookies that you can give as gifts to family members, co-workers, and friends. Put some cookies into a zip-lock bag to preserve freshness.

Do your loved ones like to bake? Buy some festive looking sealable jars from a dollar store. Put in layers of the ingredients they need to bake their own cookies. Attach the recipe to the jar with string or a ribbon. It will be even more meaningful if the recipe you share is one that has been handed down from one generation of your family to the next.

Frugal Celebrations

Parents can take their children to visit Santa Claus for free. Everyone can do a tour of the most decorated houses in their area without having to spend much money. If the weather isn’t bad, your family may be able to walk there and back. If not, it shouldn’t cost too much in gas to slowly drive through the are. Religious families may enjoy going to church on Christmas Eve.

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Good Tip: Saving money is important – especially if you have a lot of expenses like bills to pay, loans to pay off, and all the other things that drain your bank account. Figuring out a way to save money can feel tedious to some, and like a punishment to others. U.S. News suggests that you try one of these money saving challenges. The “No Eating Out for a Month” Challenge This one is self-explanatory. The goal is to avoid eating out for an entire month. This might be super easy for people who enjoy making meals at home. People who really enjoy dining out, or ordering food to be sent to their home, may struggle with this one. It’s worth a try because spending money on take-out is more expensive than buying groceries. The Pantry Challenge This one is a variation of the “No Eating Out for a Month” challenge. The goal is to use up all of your groceries before you buy more. It forces you to try and remember why you bought a food or beverage that you don’t know what to do with, and gives you the opportunity to find a way to use it. The one exemption to this challenge is the foods that have expired. Don’t eat them! Throw them in the trash. The “No Spend” Challenge Make a goal to avoid spending money during an entire weekend. The only exemption in this challenge is that you are allowed to pay bills. This challenge is interesting because it requires creativity. You must be creative and find workarounds for problems that you would typically solve by spending money. You may have a different outlook on spending after finishing this challenge.