5 ways you can spend money more wisely this holiday season.

Spend wisely and save money this holiday season Spend wisely and save money this holiday season

D uring the holiday season it’s easy to get carried away when it comes to spending money. Here are some ways you can spend money more wisely.

1. Use Cash
Take out enough just enough cash for what you need to buy. It will force you to limit your purchases.

2. Avoid impulse buying.
Before making any purchase, ask yourself a few simple questions.
Only move on to the next question if you can answer yes to the current one.
Will I use it?
Do I need it?
Is this the best price I can get on it?

3. Keep your receipts
Keeping track really can help you stick to your budget. Save yo¬ur receipts, and write down the places you spend money. You will be less likely to overspend if you realize how much money has actually gone through your hands.

4. Scale down the entertainment.
Sometimes the smaller, more intimate gatherings mean the most. Instead of planning a big gathering, host a quiet dinner. Gather the people together who mean the most to you. It won’t just save you money, but it will make for a more meaningful holiday.

5. Combine shopping trips
Many people forget that each time they get behind the wheel they are spending money. One easy way to lower the cost is to write a shopping list and combine the trips that you make into one.

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