• Peter Minkoff

Saving Money on Gifts This Holiday Season


During these difficult times and in the midst of a pandemic, so many of us have been suffering in fear. All the time spent indoors while being scared of infection made families want to reunite and spend big on this year's holidays. However, take into consideration that inflation is on the rise at the moment. With that in mind, you might want to think twice before spending all your savings on gifts this year. Although that might sound scary, don’t worry – here is a short guide on how to save your money while still purchasing amazing holiday presents.


Set your budget

Okay, this one might seem logical – you’ve probably set your budget already. However, the hard part is being realistic and sticking to that same budget. Do not set aside a small amount for the things you know cost more than you can spare. That will lead you to saying “oh, it’s just one thing that goes over the funds just a little.” You can guess what happens next – every single thing you buy will blow your budget and you’ll end up broke.


Shop online

During the past two years, online shopping developed at a rapid speed due to the pandemic and various lockdowns. Besides being very practical and time-saving, online shopping can get you a lot of discounts. It is recommended to search around the internet and look for some of the best shopping websites, like Shoppster, so that you always find yourself the best deals. There are many websites that have great deals from time to time, especially during the holidays.


Shop beside the holiday season

This one is a lifesaver. From November to January, the prices do rise, even if it says “discount” on the price tag. If you are scared of spending too much during the holiday season, try to find the best gifts throughout the year. It may sound too much but if you are determined and consistent, you can end up with lots of cool stuff you purchased for the lowest price. For example, buy the Christmas-related stuff in the summer – at that time, those are surely fairly discounted.


Take advantage of Black Friday or Cyber Monday

These two days are made for money-saving – plus, they come right before the holidays. The good thing is that during Black Friday or Cyber Monday, you will find lots of cool Christmas gifts, just because they are so close to the holidays. These two discount days will save you a lot of money if you do your research on time and come prepared.


Skip the grownups

If your budget is really limited, it’s a good idea to get gifts only for the kids in the family. Explain to the grownups that your funds are limited and that you do not have enough money for everyone’s gift. The adults should not mind since they have been given so many presents in their childhoods, right? If you think your family would understand, try and get the gifts only for the kiddos this year.


Get creative

If you enjoy DIY or arts and crafts, this one might be just right for you. Some of the best gifts ever given were the ones from the heart – handmade and personalized. Search the internet for the best DIY holiday gifts, make a list of the crafting supplies, and get to work! Add a little bit of glitter and a couple of carved-out Christmas trees and you’re set!


In conclusion, all your gifts should represent love, support, and holiday spirit this year. After all you and your family have been through these past two years, care and warmth is all you need. Do not focus solely on material things – try to add a little bit of your own personality into every gift, even if you have to make it yourself.