Holiday Shopping on a Budget
Does shopping for holiday gifts stress you and your budget out?
If the answer is yes, you are not alone. According to the 2018 Gallup Poll, Americans predict to spend $885 on holiday gifts this year. If you have a large family and circle of friends, that number could reach over $1,000 pretty easily.
To help you enjoy the holiday season without spending a ton of money, we’ve compiled a list of tips for giving gifts that won’t break the bank.
Set limits. This could be done by establishing a dollar amount per gift, completing your shopping in only one or two trips, purchasing one gift per family, or committing to doing all your shopping locally.
Add a personal touch. Knit a scarf. Handcraft an item. Create an annual holiday ornament. Give a framed photo. The possibilities are endless.
Recipe Book. You could make up a recipe book with family favorites or provide a blank recipe book for the great cooks in your life.
Coupons for your services. Offer your time and abilities. You can create coupons related to your skills. Perhaps it is cooking a favorite meal, snow shoveling, home repair or an oil change, mending, guitar lessons and so on.
Create a special memory. Look in newspapers or online for special events this holiday that are free or low cost. Instead of purchasing gifts, make a date with your family and friends to enjoy an event together and get together for desserts and coffee.
We hope these tips help alleviate some of the pressure that comes along with the holiday season.
Happy Holidays from your team at Lincoln Savings Bank!
Lincoln Savings Bank, Member FDIC
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