Save Money this Holiday Season: Stretch Your Holiday Shopping Dollar
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'Tis the Season to Save Money
If you’re like the majority of the American public, you intend to cut back on your holiday spending but are worried about just how merry the holiday season will be with less to spend. Fear not! There are plenty of ways to get great gifts without breaking the bank.
Turn Your Jingly Pockets into Jingle Bells
One of the most obvious ways to beef up your holiday budget is to raid the old change jar. Coinstar locations are available nationwide, and will waive the 8.9% coin counting fee if you opt to take your money in the form of a gift card. Gift cards are offered for such popular merchants as Amazon, allowing you to keep 100% of your money and use the gift cards as gifts or keep them to use when shopping for your friends and family.
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For You Gift GiftCard - $25
$25 Target Gift Card
Price: $25.00
List Price: $25.00 |
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Apple iTunes $25 Music Card
$25 iTunes Gift Card
Price: $25.00
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Shop With Gift Cards
Another trick for saving money on your holiday shopping without cutting your gifting is to buy discounted gift cards online and use them to purchase other holiday gifts. For instance, if you intend to spend a fair amount of your holiday budget at Macy’s, visit PlasticJungle and pick up a $300 Macy’s gift card for $268 (a nearly 11% discount). Understand, however, that the availability of gift cards on sites such as Plastic Jungle varies. If you see a good one buy it immediately because it may not be there tomorrow!
Find Money for Holiday Shopping at Work
A great option for gathering together funds to help with your holiday shopping is to go ahead and submit those receipts for your Flexible Spending Account and get your reimbursement now. The same goes for any mileage or expense reimbursements owed to you by your employer. Oh, and while you’re at work, you may want to go ahead and submit a new W-4 reduce your withholdings from the last few paychecks of the year. It’s unlikely to have much of an effect on your taxes, as long as you remember to readjust it again in January, but it will put some extra cash in your pocket in December.
Share Your Rewards
Do you have a bunch of frequent flier miles or credit card rewards points? Review the details of any such programs and raid your balances, if possible, to snag some gifts that the recipients will appreciate, such as wine clubs or magazine subscriptions. Also check out online programs such as MyPoints or Ebates.
My Points rewards purchases through popular online retailers , survey participation, and even game playing with “points” that can be saved up for gift cards from dozens of well-known stores and restaurants. Ebates has an amazing catalog of merchants – making purchases from those merchants will net you cash back in varying amounts (dependent upon the merchant) that will be paid out quarterly. I've earned $157 in cash back strictly from purchases (including travel) through Ebates in just the last few months. If you'd like to sign up for Ebates, click here (<-- referral link).
Promote the Romance of the Holiday Season
As a holiday gift for new parents, or even those who’ve been at it for a while, how about giving them a night out for a great price? Check out Restaurant.com to find gift cards or certificates for local eateries at a fraction of their face value. Couple the dinner with an I.O.U. for a night of babysitting, and Mom and Dad will consider you their hero. (Even better, link to Restaurant.com via Ebates, and earn 15% cash back!)
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Money (1-year)
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SmartMoney (1-year)
Price: $10.00
List Price: $42.00 |
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Kiplinger's Personal Finance magazine
Price: $12.00
List Price: $48.00 |
HO, HO, BOGO!
Also, look for BOGO (buy one, get one) deals as you go about your normal business. When you’re renewing your magazine subscriptions, check with online distributors or directly with the publisher to see if they offer a program to give a gift subscription for free or at a discount when you renew your own annual subscription. Many publishers do offer such deals, especially around the holidays.
Saving Money this Holiday Season in the News
- Online help for holiday shoppingThe Arizona Republic1 second ago
Shoppers face a dizzying array of offers of help in the form of new Web sites, services and mobile-phone applications as they set out for their holiday shopping this year.
- Andrews International Issues Holiday Mall Shopping Tips for Consumers, Retailers and EmployeesredOrbit6 hours ago
LOS ANGELES, Nov. 20 /PRNewswire/ -- With the lingering financial challenges of a recession and rising crime rates, malls and shopping centers this holiday season are, as always, targets for criminal activity and threats impacting consumers, retailers and their employees.
- Weintal Preschool in Bernards Township hosts evening of holiday shoppingThe Bernardsville News1 second ago
BERNARDS TWP . – The Weintal Preschool will be hosting its third annual Holiday Shopping Night from 7 to 10 p.m. Thursday, Dec. 4, at Congregation B’nai Israel at 40 Whitenack Road in Basking Ridge.
Give a Gift that Keeps On Giving
A membership to the American Automobile Association, or AAA, is a great gift! Not only does membership provide roadside assistance, but it is also good for discounted travel packages and discounts at many retailers, including 10% off purchases at Dunkin' Donuts and Target.
My AAA club (AAA of Western and Central New York) is currently waiving the $15 account set up fee for gift memberships, brining the cost of a basic membership down to just $52.
Get Rid of Your Old Crap to Make Room for New Presents
Last, if you haven’t tried selling your stuff on eBay, do so. Gifts that you received that you never got around to returning, clothes that you bought that still have the tags on them, designer purses that you no longer carry, house wares that are never used – all have money making potential. Your junk is someone else’s treasure, so you may as well capitalize on it and earn a little extra money (or maybe even a lot!) to put towards your holiday shopping.
And to All, a Good Night!
These are only a few of the ways that you can stretch your holiday budget, but hopefully these ideas will get your creative juices flowing and help you to find other methods to get as much bang as possible out of your holiday shopping buck.
Have other suggestions for saving money during the holidays without sacrificing your gifting? Post 'em up in the Comments section below!
How Much Will You Spend This Holiday Season?
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Gifts Anytime: How to Find the Perfect Present for Any Occasion
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Make It Memorable: An A-Z Guide to Making Any Event, Gift or Occasion...Dazzling!
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Comments
Thanks, NYLady! Glad you found something useful in this! And Happy Holidays to you, too!
very helpful info
Thanks, Lgali!
Hi Em! Lots of great advice. I think the restaurant card and the IOU for babysitting is great! The parents will really appreciate that! Thanks for a great hub!
Thanks for stopping by Christoph, and for your comment, too!
Thanks for the tips. They sure are great.
Another great place to buy gift cards is at http://www.halfoffdeals.com - they offer discount gift certificates all over the US!














NYLady says:
12 months ago
Great hub, EM! I am going to get my daughter the AAA membership, which I never would have thought of if I hadn't read this helpful hub. I also think the eBay idea is a great one. Once again, I'm saving $$$ because of you! Happy holidays!