Home
  • plan
  • Invest
  • Property
  • enquire now
  • Learn
Home
DPN
  • plan
  • Invest
  • Property
  • enquire now
  • Learn

DPN Social

3 ways to save money on Christmas shopping

Christmas is a wonderful time where we reconnect with family, eat a lot, drink a little too much and exchange gifts with our closest friends and family. However, all that gifting can sometimes lead to an uncomfortable financial awakening after the holidays when you realise that you have over spent. 

TAGS

DPN Social (172) / Beginner (575) / Intermediate (540) / Expert (564) / Tips (142) / Budgeting (52) / Family Budget (29) / Money Tips (126)

In this article, you will be introduced to three ways to save money while doing your Christmas shopping without having to start counting your pennies.

Purchase your Christmas gifts while your favourite shops are running Christmas promotions.

Christmas shopping

1. Decide on a Gift Budget

One of the best things you can do, when it comes to ensuring that you won’t overspend on your Christmas shopping is to decide on a gift budget. Talk to your family members and closest friends and agree on a budget per gift with each of them. That way you will not fall into the trap of overspending and there will also be no awkward moments where someone gifts you something big and you only got them something small. 

Furthermore, having a Christmas gift budget and sticking to it will mean that will not end up spending more on gifts than you can actually afford. 


RELATED LINKS

  • 5 things you should never spend money on

2. Use Price Comparison Sites

If you are doing the bulk of your Christmas shopping online, make sure you leverage price comparison sites. That way you will be able to receive the best deals on the gifts you intend to purchase. Popular comparison websites such as GetPrice and Comparison allow you to search for the item you want to buy and immediately inform you of where you can get the best deal for the product. 

If you intend to save money on your Christmas shopping online, then using comparison sites is a must.

Nowadays, it is very common for merchants to run pre-Christmas sales.

Merchants often run Christmas sales

3. Leverage Christmas Sales

In the past, Christmas sales usually started after Boxing Day. However, in recent years, this has changed. Nowadays, it is very common for merchants to run pre-Christmas sales, especially in the last few days leading up to Christmas, to boost their sales. 

Take advantage of this opportunity and purchase your Christmas gifts while your favourite shops are running Christmas promotions. Some of these may be online only, so make sure you check the merchant websites too in the days just before Christmas.

 


Follow us on Twitter for more news, tips and inspiration.
Like us on Facebook and Google+ explore our Pinterest boards.

Like this article or found it helpful? Share it!

Newsletter

Receive our articles directly to your inbox

Next article

What is the difference between good debt and bad debt?

Go to articles list

Programs

Work with us
Giving back
Become an affiliate
Refer a friend
Help desk
Property Management
Finance

Locations

Head office
Australia
Hong Kong
Singapore

Contacts

Toll free in Australia
P. 1300 723 318
Outside of Australia
P. +61 2 9525 2033

Social Media

Newsletter

Terms of use | Privacy policy | Guarantees

This information is provided by DPN Pty Ltd ABN: 94 630 700 186 Australian Credit Licence 514759. DPN Finance Pty Ltd is an authorised credit representative 504129 and related entity of DPN. Credit for Dream Big 100% Offset and Work Smart 100% Offset is provided by Adelaide Bank a division of Bendigo and Adelaide Bank Ltd, ABN 11 068 049 178 and Australian Credit Licence 237879. Casa Capace Operations Pty Ltd, NDIS provider number 4050038018 trading as Casa Capace.