Last minute festive season shopping – budget tips
The festive season is here.
While we planned and ensured that we have the perfect gift for our loved ones; we are sometimes left with those unwanted last minute shopping trips to the mall.
Budgeting before the festive season rush can help you manage your money better. The budgeting process empowers you to be able to make key money decisions, without actually worrying about that growing hole in your pocket.
Here are a few last minute shopping ideas courtesy of FNB:
Many retailers have shifted their focus to digital platforms to cater for people who are always on the go. If you don’t have the time to rush in-store to buy that perfect gift, look at the various online retail websites for great ideas. Besides fashion, you can purchase home décor, furniture and other accessories which can be delivered to your door. In addition, you can pick up great discounts that can help you save immensely.
Product comparisons via apps
We are used to trying on shoes and checking trouser or dress quality by hand, and are quite sceptical of going the online route for many reasons. Today, there are countless apps at your disposal that provide reviews on products which help in deciding where to make your final purchase.
Through the holidays and leading up to the festive season, retailers will have a number of specials. Wait for that bargain and don’t rush to make the purchase. The extra buck you save will help you elsewhere.
Coupons and discounts
Take advantage of your coupon specials via newspapers and magazines. These can help you a great deal in saving for a gift or even for yourself.
Many consumers start buying vouchers from the beginning of the year so that they don’t overspend on food or other items. When using your voucher, know exactly what you going to purchase and stick to the budget.
Use your phone to monitor your budget
Most people have smartphones which come with nifty apps, calculators and other applications. Use these features to keep track of your spending.
Shop at holiday markets
There are many pop-up holiday markets at this time of the year. Support communities, charities by shopping at these markets. You may just find a gift that is way under budget and not what you expected.
Make your own wrapping paper, cards or even table décor. Look at secondhand shops and craft blogs to get simple and innovative ideas to make your festive season fabulous.
Compare in-store prices or alternatively, buy your fruits and veggies at local food markets. The latter usually have very fresh produce at reasonable prices.
Shopping with a partner
This can deter you from over-spending and indulging in things that you don’t actually need. A shopping partner can help you limit your spending.