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How to save money on Christmas shopping

How to save money on Christmas shopping

Christmas is getting closer and one of the biggest worries is buying gifts. If we don't calculate the budget, we can overspend and end up regretting later for running out of money. In Australia there are several chains where you will find good gifts at the best prices. You just have to pay more attention to your consumption and follow some of the tips we give you to save money on Christmas shopping.

Make a list

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Make a list of all your holiday expenses and prioritize each one. The spending list should include everything from gifts to Christmas cards to decorations, special gifts, stocking stuffers, food and clothes. You may find it helpful to review last year's bank statements to see what you bought.

Set a budget

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Creating a budget is a good way to keep track of expenses. You can use an app to write down the figures or use a notebook or a classic Excel sheet. The important thing is to write down every gift you are going to give at Christmas. Once the budget is established, remember to compare the prices of online shopping with those of physical stores, and check your movements to avoid surprises. Many people get caught up in the hustle and bustle of the holidays and forget to keep track of their budget.

Buy gifts early

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Take advantage of discounts that come earlier and earlier every year. Also, by shopping early, you will be able to compare prices and not overpay for the same product. Look for gift offers that are beautiful and interesting. You can also go to outlet stores, where you will find quality items from past seasons at incredible prices. Write a letter with what you consider essential and make sure that all your gifts have their ticket. The purpose is that you can return it in case you haven't succeeded and that you don't lose the money.

Play “Secret Santa”

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If there are many in the family, play “Secret Santa”. It is a way to save money in a fun and effective way. This way everyone gets a gift, but you only buy one. The economic savings are considerable. It is a good solution and everyone wins, since the gift will be personalized and doesn’t involve so much effort. You can reuse elements that you have at home and make all kinds of designs that you consider original. It's all a matter of imagination and practicality.

Buying in second hand stores

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Every day we are more open to buying in vintage markets to equip our home with second-hand products. Try making gifts this year from already used objects to give them a new use and create a more sustainable Christmas. Not only will you save good money, but secondhand shopping is great for the environment.

My Deals 365 brings you all the discount catalogs from your favorite stores across the country so you don't have to overspend this Christmas. Prioritize your finances. Be smart and you'll be all set.

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