9 Ways to Keep Your Holiday Spending in Check

Is there anything better than celebrating the holiday season with family and giving to others? However, it’s easy to lose track of spending in the season’s excitement. In fact, according to the 2024 Deloitte holiday retail survey, respondents expect to spend $1,778 (+8 percent year-over-year) this holiday season after expressing record holiday spending intentions in 2023.
Obviously, holiday spending can strain your budget, like the Grinch stealing every Christmas present and decoration in Whoville. Buying gifts, traveling, attending parties, and decorating can get expensive quickly.
Keep in mind that your budget isn’t set in stone, but it will help you make better spending decisions.
This will help you stay within your budget and stay focused, especially when you are tempted by holiday sales.
When using credit, aim to pay off your balance in full each month to avoid interest charges. Alternatively, you can use a debit card or cash instead of a credit card to stay within your budget.
For instance, you might consider traveling on off-peak days. Additionally, you can use reward points if you have accumulated them. Another option is to stay with family or friends to reduce lodging expenses.
To get the best price, compare sites like Google.com/travel/hotels before booking accommodations. Don’t forget that sometimes, calling the hotel directly can result in a better rate.
If you shop online, leave the items in your cart and wait 24 hours before purchasing them to ensure they still feel vital to you.