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4 Clever Ways To Save Money This Holiday Season

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Grace's goal is to help you become your own boss and gain financial freedom.

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It’s that time of the year again! Black Friday and Cyber Monday are just around the corner, Christmas is coming up and let’s not forget, the New Years’ celebrations. In these last months of the year we spend time with loved ones. However, we tend to spend lots of money too, and these funds could be better put aside for the upcoming year. Before you dive into Christmas shopping, consider these tips and tricks to not spend as much. Here are four clever ways to save money this holiday season.


1. Use Money Saving Apps

Due to the current pandemic, a large percentage of people will likely be doing online gift shopping. Why pay the full price when you can buy things for half the price? You may not have a gift card or coupon code on you but apps like Honey and Rakuten make your shopping spree so much more delightful. Honey is a free browser extension which literally searches for coupon codes and applies them to your online purchase. Another great example is Rakuten. With a free account, you can earn cash back whenever you shop with brands/stores such as Old Navy, Target, JCPenny, Amazon and more!


2. Paid Surveys

Another clever way to get free gift cards and save some money is with paid online surveys. How do paid surveys work? You sign up with a survey site which, upon completing surveys and answering questions, you may gain enough points to redeem gift cards. Examples of survey sites include Swag Bucks and Opinion Outpost. This is something that you could do in your spare time and save money while you are at it. It does not cost you anything but your time, so why not give online surveys a go? The number of surveys available to will rely on your location so this may or may not be ideal for you depending on your country of residence.


3. Avoid Eating Out

Sticking to home cooked meals may be described to be ‘easier said than done’ but it does save you a lot of money. Nothing is wrong with eating out or ordering food to be delivered to your house but the money being spent does add up. A practice of many during the holidays is to purchase meals from restaurants but more often than not, it would cost less if you simply cooked it at home. One suggestion is to plan which days you will eat out and try your best to stick to that plan.


4. DIY Home Decor

For those who are passionate about decor, it can be hard to exercise self control around this time of the year. Instead of buying another Christmas ornament, consider challenging yourself to make a replica of it using things you already have at your home. This ‘do-it-yourself’ approach may not only be more fun but will definitely save you money. It can also be a bonding activity in which your loved ones participate. Before purchasing more home accessories, ask yourself the questions, “Do I really need this?” and “Can I make this myself?”. Your bank account will thank you!

These tips and tricks are sure to be helpful as you go through this festive season. Of course, it is not all about the money. Happiness should come first!


This article is accurate and true to the best of the author’s knowledge. Content is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters.

© 2020 Grace