RICHMOND, Va. (WWBT) - Do you find yourself buying too many gifts? We’ve got a few ideas to help you stop spending so much!
First, instead of a gift, Do you have a skill? Could you donate your time?
For example, if you are a financial planner you could give a ticket to help a family member re-do their budget.
Now is the time to use all those credit cards rewards points you’ve been racking up!
Turn them into money to buy gifts.
Only buy gifts that are on sale. Never buy them at full price.
Cherry Dale a financial coach with the Virginia Credit Union helped us put this list together.
Dale says have your family agree to do a white elephant or secret Santa gifts exchange this year.
“Especially if you’re trying to cut back. It’s still a fun way to give each other gifts but you’re simply buying one gift per person. It then eliminates the need to buy multiple gifts for multiple people,” Dale said.
Also, nobody likes to talk about this, but, you can regift! It will save you money.
If you’re going to give out a few gift cards, buy them in bulk or from a site that offers a special gas deal.
Lastly, if you’re really good at sewing or crafts, you could make a theme gift basket or even sew some new holiday themed masks to give out.
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