One of the biggest challenges of the holiday season, as the likes of Robert Jain can attest, is saving money. Everything from shopping for presents to buying airline tickets contributes to the difficulties of keeping costs low. What people may not know is that, during this time of the year, saving money isn't as difficult as it appears. In fact, here are some of the things to avoid when shopping during the holidays.
One of the biggest holiday shopping mistakes, according to reputable authorities on finance like Bob Jain, is shopping in person. It's common to assume that, especially on busy days like Black Friday, the best deals are found in person. As ecommerce becomes more common, however, the sales that are found online are nearly identical. You don't have to necessarily leave your house in order to save money on presents for your loved ones.
Another holiday shopping mistake to recognize is failure to make a list. This is different from the one Santa Claus keeps, as this list will help you tally the purchases that you make during the holiday season. Such a list will help you keep track of what you're spending, not to mention reduce the likelihood of making impulse purchases as well. Records matter, especially during busy shopping days like this.
A lack of creativity can hurt shoppers during the holiday season, too. To frame this, you may be inclined to buy a new HD television for your parents, which would, in theory, make their holiday. Does this necessarily mean that you have to, though? You may want to be more creative, finding a present that has sentimental value that they will appreciate. The holidays are just as much about being creative as they are about making others happy. It doesn't hurt that said creativity can keep costs low, too.
When it comes to mistakes that people make during the holidays, especially in regard to shopping, waiting too long is perhaps the most common. How many times have you spoken to someone who, for some reason or another, waits until the week before Christmas to do their shopping? How stressed or uncertain do they appear under these circumstances? Shopping earlier in the month is recommended, not only in terms of lowering expenses but reducing one's mental stress.
One of the biggest holiday shopping mistakes, according to reputable authorities on finance like Bob Jain, is shopping in person. It's common to assume that, especially on busy days like Black Friday, the best deals are found in person. As ecommerce becomes more common, however, the sales that are found online are nearly identical. You don't have to necessarily leave your house in order to save money on presents for your loved ones.
Another holiday shopping mistake to recognize is failure to make a list. This is different from the one Santa Claus keeps, as this list will help you tally the purchases that you make during the holiday season. Such a list will help you keep track of what you're spending, not to mention reduce the likelihood of making impulse purchases as well. Records matter, especially during busy shopping days like this.
A lack of creativity can hurt shoppers during the holiday season, too. To frame this, you may be inclined to buy a new HD television for your parents, which would, in theory, make their holiday. Does this necessarily mean that you have to, though? You may want to be more creative, finding a present that has sentimental value that they will appreciate. The holidays are just as much about being creative as they are about making others happy. It doesn't hurt that said creativity can keep costs low, too.
When it comes to mistakes that people make during the holidays, especially in regard to shopping, waiting too long is perhaps the most common. How many times have you spoken to someone who, for some reason or another, waits until the week before Christmas to do their shopping? How stressed or uncertain do they appear under these circumstances? Shopping earlier in the month is recommended, not only in terms of lowering expenses but reducing one's mental stress.
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If you would care for more information regarding finance, please consult Bobby Jain.. Also published at Robert Jain: What To Avoid When Shopping During The Holidays.
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