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There really is such a thing as being too generous, especially during the holidays. In 2019, Americans budgeted, on average, $8,461 for presents. That can be a tough bill to face in the new year. Here are some holiday spending tips to help get you through the season with your wallet intact.\n\n(1). Know Who You Are Purchasing Gifts For. Write down \u201ceveryone\u201d you plan to give gifts to. Then put a dollar figure next to each name.\xa0\n\n(2). Research To Get The Price Possible. Before you go shopping, make sure you do your research, to see who has the best price possible. \xa0\n\n(3). Don\u2019t Wait Until The Last Minute To Shop. One of the surest ways to overspend is to wait until the last minute and buy all your gifts in a rush.\n\n(4). Purchase Last Year\u2019s Electronics. For many people, the latest and greatest features aren\u2019t important.\n\n(5). Get The Tea About Black Friday and Cyber Monday. Studies have shown there isn\u2019t a huge difference in markdowns between one day promotions, such as Black Friday and Cyber Monday, and regular holiday sales.\xa0\n\n(6). Keep Track Of Your Spending. Spend wisely by reviewing your account statements, paying your bills regularly and using online banking to easily monitor your accounts.\xa0\n\n(7). Consider Making Gifts. Homemade presents are great ways to save money while creating something memorable.\n\n(8). Save In Advance For Expensive Gifts. Start saving early for those big-ticket items.\xa0\n\n(9). Avoid Shopping Sprees. Retailers are good at enticing people to spend money.\n\n(10). Don\u2019t Forget To Add In Your Shipping Cost. It\u2019s not unusual for an online item to appear cheaper than in the store, until you add in shipping costs.\n\nHow To Save For Christmas Next Year:\n\n(1). Create A Christmas Savings Account. Start by dedicating a specific place to put your Christmas savings.\n\n(2). Consider Making Budget Cuts. Review your family expenses and find something to cut out.\xa0\n\n(3). Start Buying Stuff Now. The day after Christmas is the best time to start filling your gift closet.\n\n(4). Make Gifts. There are a lot of great DIY gifts you can make for the people you love and care for.\n\n(5). Give The Gift Of Time. Use this time of the year to volunteer your time.\n\nPlease be sure to subscribe and support my Podcast. Your support is greatly appreciated, and you do so for as little as $.99 per month. Go out there and be great, because great is calling you and great is calling me.\n\n\n\n\n--- \n\nSupport this podcast: https://podcasters.spotify.com/pod/show/michelle4466/support