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The most expensive holiday for a lot of us is Christmas. We spend the most amount on money and I would like to say it's on others but we selfish. It is estimated by a study by Gallup that we will spend about $1 trillion he's with a T on Christmas this year. With each consumer spending about $1000. https://bit.ly/3jq40Y3
That's a lot of money. So how exactly do you save up to prepare for spending this amount of money. Pressumaly for others but really on ourselves.
1. Write down the names of each person you are going to be giving a gift.
2. Decide how much money you are going to spend on each of those people.
3. Start setting aside money for it.
4. Start looking for deals on the items you will buy for each person.
The thing is the earlier you start thinking about this. The better and easier it will be for you when December rolls on through.
Oh and I need to add this.
Bonus: Do not hold yourself to some arbitrary standard of gift for people. Give what you can afford to give. Don't go into debt because you want to be nice or rather appear to be nice. Those who you love and love you will put more importance on you thinking about them than on the actual item itself. However, don't be selfish and give trash because you trying to buy yourself useless stuff that you don't need.
Also if you really can't afford to buy anything then make stuff. I personally appreciate hand made gifts a whole lot more than bought except in some cases. But in general knowing someone took the time to create something means the world to me.
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How to Prepare for Christmas Shopping Season