Tag: how to budget for christmas

Bury your credit cards Credit cards if not used sensibly can land you in a soup with debt accumulated that you will end paying for many months. True by spending on credit card the burden is postponed in the short run however some day you have to pay the money back. Also the interest charges will add further burden to your wallet. If you are one compulsive shopper who cannot use credit card responsibly then we suggest that bury your credit card before embarking on that great shopping trip. Paying by cash will help you to keep a track of the amount you have spent vis-a-vis your budget. With credit card you just keep on swiping getting to know the pinch only a month later when you receive your statement. However if you have the ability to use credit card responsibly then it can be a great boon. Even then we suggest that you use credit card only when necessary to avoid spending too much.  [...]

Christmas shopping So you have embarked on that great shopping adventure. Before doing so we suggest that first  make a list of gifts you want to buy or else you would end up just wasting your time at the shopping centre. We suggest that you always keep a stock of extra gifts like chocolates else somebody unexpected drops in or you forget somebody. In fact the best strategy would be to start shopping as early as possible. Another important way to save money is to look for sales. Keep your eyes and ears open for sales. A lot of money can be saved by buying during sale season. Also almost everything you want eventually goes under sales. Shop as much as you can during the sale season. There are people who shop all year around for Christmas. Typically you get excellent bargain in the post Christmas sales. Why don’t you use these sales to accumulate gifts for the next Christmas. Post  [...]