7 Tips on Saving for the Holidays ...

How to Save for the Holidays is something everyone worries about, especially when it gets to be this time of year. Sure, it's still pretty early in October, but in a world where holiday decorations start appearing right around Halloween, it's never to early to start saving. Whether you're saving up for gifts, a trip, or anything else, it's important to learn how to save for the holidays. You want to make sure you have enough money for the things you want without running out of money for the things you need. If you want some tips on how to save for the holidays, I've got some great ones for you – just keep reading!

1. Eat in for a Few Months

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One of the best tips for how to save for the holidays is to stop eating out so often. You don't even necessarily have to stop eating out, but if you just make sure to limit yourself, that money can be better spent during the holidays. Presents, trips, and holiday meals get expensive, but you'll be surprised at how much you can save if you just eat in more often!

2. Know What You'll Be Spending

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It's never too early to start planning for what you'll be doing. If you know you want to have a holiday party or a big meal for your friends and family, start now! You can start planning for things like drinks, decorations, food, and so on, so you'll have a decent estimate of the amount of money you'll need.

3. Cut out Where You Can

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In addition to not eating out, when you're figuring out how to save for the holidays, cutting back is absolutely essential. For the time being, cut back on your own luxuries wherever you can, even if it's something simple like taking your lunch to work or coloring your own hair at home. Believe me, those savings will add up fast!

4. Get Your Lists and Buy Early

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This tip involves acting like my beloved and very much adored mother: nagging! Start nagging your friends and family memories for lists of what they'd like early – like in the summer! That way, if any of them procrastinate (like me), you can keep nagging them and finally get their lists in the fall (which reminds me...). That way, you can start buying things early, before the holiday rush – and that makes it possible to save lots!

5. Start a Savings Account ASAP

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By starting a savings account just for holiday spending right now, you'll be able to save back a lot of money. It may be hard to learn how to save for the holidays using this method, because money is tight for a lot of people. However, try just putting $25 to $50 back every week. You'll have a hidden cache, and you'll be so happy you do when the holiday rush hits!

6. Entertain at Home

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By entertaining in your home instead of going out to the movies or something, you can also save a lot. Have your friends over for drinks instead of going out for them. You'll all have fun, but you'll be saving back tons of money.

7. Scope out Sales

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Finding great sales is the best tip for how to save for the holidays. Take advantage of Black Friday and Cyber Monday when the time comes. Scan the papers for big sales in between now and then. You can save even when you spend, if you do it right!

Learning how to save for the holidays isn't at all hard, it just takes some discipline. I like to start saving early because there's nothing I love more than buying great gifts for the people I love most. I love seeing them happy when we celebrate together! But learning how to save for the holidays is important for more reasons than that. Planning family get togethers and big meals takes a lot of moola, so it's worth it to start saving early. Do you have some more tips on how to save for the holidays?

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