Category Archives: COMMUNITY MATTERS
8 tips for saving money this holiday season/Dec 11, 2018
Here are 8 tips to help you save a little money this holiday season York Region
The holiday season is often described as “the most wonderful time of the year.” However, for many, it’s also the most expensive. While it’s virtually impossible to avoid spending entirely, there are ways to curb your lavish habits this Christmas.
Read ahead for eight easy tips for saving money this December:
Avoid extended warranties on electronics
Chances are, if you buy any type of electronic device in-store, you’ll be asked to buy extended warranty from one of the store’s sales reps. While extended warranties can come in handy, they can also greatly increase the cost of the item.
Unless you’re willing to increase your budget, you should say no to the extended warranties this Christmas.
Use LED lights
Unless you want to spend a small fortune on your electric bill this December, you should make the switch to LED lights if you haven’t already.
Yes, LED lights may have a higher cost up front, but you’ll easily make that money back from the amount of energy you’ll save.
Make sure you can pay off your credit card
Nothing is a bigger waste of money than paying interest on your credit card. Before making a purchase on credit this December, make sure you have the funds to pay it off by month’s end.
It’s also not a bad idea to pay for your gifts in cash, as it’s easier to overspend your budget when all you have to do is tap your credit card and forget about it.
Make your own ornaments
If you’re low on ornaments, there’s nothing wrong with making some yourself. If you have children, you can ask them to help out. You can even make it an annual tradition.
Don’t buy for yourself
Too many people make the mistake of spending on themselves when they go to the mall to do Christmas shopping. You’ll get enough from others this holiday season. There’s really no need to buy more for yourself – especially before December 25th.
Pay for gifts with rewards
If it’s been a while since you’ve gone travelling, you’ve probably saved up a decent amount of rewards points on your credit card. Now is a great time to cash them out for actual cash or to use them towards gifts.
Look for coupons
Before making any purchase, it’s good practice to look online to see if there are any coupons available. While you may just end up finding a bunch of expired codes, there’s always the chance of saving money just be taking the two minutes to do a quick search.
Embrace the potluck
Cooking food for 15-20 people can end up being quite expensive if you’re forced to foot the entire bill yourself. Instead of spending hundreds on Christmas dinner, ask friends and family to bring their own dishes to reduce the cost.