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December 20, 2023

Get Tips and Tricks for Holiday Gift Savings

The holiday season is upon us, and along with the joyous festivities comes the inevitable pressure to find the perfect gifts for our loved ones. While giving gifts can fill us with joy, it’s no secret that holiday shopping can put a strain on our bank accounts. However, with a bit of strategic planning and creative thinking, you can navigate the gift-giving season without breaking the bank. Here are some holiday gift savings tips to help you stay within budget this year.

  1. Set a Budget and Stick to It

Before you start shopping, establish a realistic budget for holiday gifts. Take a comprehensive look at your finances and determine how much you can comfortably allocate to gifts without compromising your financial well-being. Once you have your budget, the hard part will be sticking to it. Do your best to avoid impulsive purchases and make sure that you don’t overspend during holiday sales.

  1. Embrace DIY Gift Options

One holiday gift savings trick is to DIY presents instead of buying them. There’s a unique charm in handmade gifts that store-bought items often lack. Whether it’s a hand-knitted scarf, homemade cookies, or a carefully crafted photo album, DIY gifts not only save you money but also add a personal touch that is priceless. If you have children, many family members love receiving items they make. You could work together on an ornament project or picture frame your family members will love.

  1. Take Advantage of Cashback and Rewards Programs

A holiday gift savings hack is to take advantage of points. Many credit cards and online retailers offer cashback or rewards programs that can help you save on your holiday purchases. Before you start shopping, explore the rewards and cashback options available to you. If you have enough points, you could purchase gift cards or items using points that can be given as gifts.

  1. Shop Strategically During Sales Events

Keep an eye on sales events and take advantage of discounts and promotions. Black Friday, Cyber Monday, and other holiday sales are opportune times to score great deals on gifts that you had planned on buying. Plan your shopping around these events to maximize your savings, and don’t forget to compare prices across different retailers to ensure you’re getting the best possible deal. It can be tempting to overspend during these sales, so make sure you have a list and stick to your budget.

  1. Consider Group Gifting

Instead of shouldering the entire burden of gift-giving on your own, consider organizing group gifts with friends or family. Pooling resources allows you to buy more substantial gifts without overspending individually. It also fosters a sense of collaboration and community during the holiday season.

  1. Explore Secondhand and Thrift Stores

Unique and affordable treasures can often be found in secondhand and thrift stores. Take the time to explore these shops, and you might discover hidden gems that make thoughtful and budget-friendly gifts. From vintage clothing to one-of-a-kind decor items, thrift stores offer a wide range of options for the savvy holiday shopper.

  1. Gift Experiences Instead of Things

Consider giving the gift of experiences rather than physical items. Tickets to a concert, a cooking class, or a spa day can create lasting memories without adding clutter to someone’s home. Experience gifts can be more meaningful and, in many cases, more affordable than traditional presents.

  1. Utilize Online Coupons and Promo Codes

Before completing any online purchase, search for relevant coupons or promo codes. Many websites and browser extensions can help you find and apply discounts, ensuring that you get the best possible price on your holiday gifts.

  1. Start Early and Avoid Last-Minute Panic

Procrastination often leads to rushed decisions and higher costs. Start your holiday shopping early to take advantage of sales, avoid expedited shipping fees, and have more time to find the perfect gifts at the right price. Planning also allows you to explore a variety of options before settling on the ideal presents.

  1. Reevaluate Gift Traditions

Consider reevaluating your gift-giving traditions and open a conversation with friends and family about adjusting expectations. Setting realistic expectations and focusing on the true spirit of the holidays can alleviate the financial pressure associated with extravagant gift-giving.


Holiday gift savings are achievable, but it is all about planning, creativity, and resourcefulness. By setting a budget, exploring alternative gift options, and taking advantage of discounts, you can navigate the holiday season without straining your finances. Remember, the thought and effort you put into finding the perfect gift matter far more than its price tag.

If you need help funding the holidays visit Uprova.com for quick and easy personal loan funding.

The content of this website is for informational purposes only. Nothing on this website constitutes financial or professional advice. Consult a professional for advice suitable to your personal circumstances.

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