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Tips To Save Money on Gifts This Season

By Zennat Sana | Last Updated: November 22, 2020

One of the best things about Christmas is giving and receiving gifts. However, this should not make you feel stressed out if you cannot afford to give your loved ones something big this coming holiday. 2021 has been a tough year for all, and even though kids expect something nice, it does not mean you have to break your bank for it. That being said, we have crafted a few tips to help you spend less but give amazing gifts to your loved ones. Here are a few gifts, money-saving tips.

  1. Buy Second Hand

When it comes to items like toys and clothes, there’s an abundance of cheap and interesting picks. Charity shops are especially a good place to snag deals. Ideally, there are numerous online stores to purchase used items. A good place to pick up used items locally is Facebooks’s marketplace and websites such as Gumtree. You will often get real steals if you do not mind skipping the cost or the delivery hassle. However, always ensure that the product’s condition is ideal or to your liking before making the purchase.

  1. Leverage Coupons & Sales

Coupons, as well as sales, are a good way to save money on new products from conventional stores. You will come across numerous deals during the holidays, but you’ll have to be vigilant to snag the good ones. Black Friday is one example, but it is not always an ideal period for deals. Electronics are always cheaper during holidays, making it an excellent time to shop for items like TVs, tablets and wearables. For most of the other categories, it’s mostly hype marketing and will get similar deals throughout the year.

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You’ll want to leverage coupon websites as soon as possible if you want to get the best discounts. More often than not, coupons have tight restrictions during the holidays and may have to use them in certain stores on specific days. Simply put, ensure you read the terms.

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  1. Purchase Joint Presents

When getting gifts for the small ones, consider getting items that two or more children can share. In addition to encouraging sharing, it will help you save money on getting individual big gifts.

Ideally, you can get several people to contribute to and reduce the overall cost. Instead of asking aunts and grandparents to struggle with gift ideas, ask them to chip in towards the joint or big individual gifts.

  1. Make Your Own Gifts

If you are a DIY fan, making the gifts might be the cheapest option on this tip list. A few examples include assembling a photo album, knitting winter wear or crafting jewelry. Taking this route will allow you to come up with something distinct, personalized and creative. This will make anyone who gets the gift certainly appreciate it.

  1. Regift

We all get gifts that we either don’t need to want like novelty gifts, candles and luxury toiletries. If you get gifts that fall in the aforementioned categories, consider regifting to other people. Just ensure you do not send them to people who originally gifted you.

And there you have it, a few ideas to help you save on gifts this season.

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