7 Ways to Manage Your Spending While Holiday Shopping


With the holidays right around the corner stores are gearing up for the biggest holiday sales of the year. From Black Friday to Cyber Monday you’re probably deciding which stores you’re going to bundle up and head  to get the best deals to satisfy your Christmas shopping.

Let’s be honest this time of the year it can be easy to overspend because you want to make sure that you get everything on your list, that is if you’re the type that makes a list before heading to the store.

To help you manage your spending while holiday shopping here are 7 Tips:

Tip #1

Make a holiday budget. So often we get caught up in the spirit of the holiday season and all the sales that are going on we tend to overspend and then regret it later. It’s so important to set a realistic budget of how much you intend to spend on gifts and stick to it.

Tip #2

Make a list and check it twice. By now you have a clear indication of what everyone wants off their wish list. So now its time to take out a pen and pad sit down and write your shopping list based on the budget you set in tip #1. After you’ve finished polishing your list check over it one more time to ensure that you didn’t leave anyone of the list and you’re still within your budget.

Tip #3

Do your research. Before you head to the store to take advantage of the deals that are being advertised in the sales papers take a minute to log onto the internet and do some homework. Shop around and compare the prices so that you can get more bang for your buck.

Tip #4

Use cash vs. credit. You’ll thank me for this one later. It’s so tempting and easy to just whip out the credit card for your purchases, but honestly you’ll be paying more with the interest that credit card companies charge if you don’t pay the balance off in full when the bill comes.

Tip # 5

Say no to shopping lust. So you’ve made a budget, created a shopping list, decided to do some research before heading to the store to compare prices so that you’ll get the best deal. Not to mention I you decided to leave the credit card at home. But what we forgot to do is add your name to the shopping list. Sorry. You can always reward yourself later, but for now we’re going to say NO to shopping lust. We’re going to bypass those camel color riding boots that you’ve been eyeing and stick to the list. Pure torture, I know but its a must if we want to stay on task with managing our spending.

Tip #6

Send E-Cards. With postage going up to $.46 sending e-cards is the most economical way to say “Happy Holidays” to your family and friends. Besides there are tons of e-card sites out there that will allow you to be creative.

Tip #7

Remember the list. Remember the list. Remember the list. I figure with all that’s going on a simple reminder to remember the list is much needed. It’s sole purpose is to keep you focused and help you manage your spending while holiday shopping.

I Would  Like to Hear From You:

  • What are some things that have helped you manage your spending while holiday shopping?
  • What tips do you have for others?


  1. […] The Christmas season can be a big hit on our wallets– even for those of us who may have budgeted for it. I don’t know about you, but I felt like this season’s shopping was out of control compared to previous years.  Stores were open for all-night shopping events, and I was constantly being bombarded with sales advertisements from every venue – radio, television, emails you name it, I saw it or heard it. 50% here. 60% there. Sales were everywhere. And therefore, even the most budget-conscious shopper may have succumbed to the temptation of a good sale even after Shanti Ray gave us tips on managing our holiday spending in her November post. […]