During this Money Saving Monday, we bring you essential tips on saving while crossing off your loved ones' holiday wish lists. Valley dad Andrew Johnson's kids have their lists narrowed down, and he's always on the lookout for the best savings ways. As a financial advisor with TruWest Credit Union, he shares expert advice to get the most value this holiday season. Unlock the Secrets of Holiday Shopping Savings
Making a List and Checking Prices
The number one rule is to make a list and check the prices. The sooner you know what your loved ones want, the better. You can start pre-shopping and set a budget for yourself. This helps prevent overspending and keeps you on track. For example, imagine you have a list of gifts for your family. By checking prices in advance, you can find the best deals and avoid last-minute price hikes. It gives you the opportunity to plan and budget effectively.
Avoiding Impulse Buys
It's crucial to avoid those impulse buys. The flash sale mentality can lead us to buy things we don't really need. Like having seven massage guns when we only need one or two. Using price comparison apps and shopping tools allows you to check prices, including historical prices. This ensures you're not overpaying and makes you more aware of the true value of the items. It takes self-control, but it's worth it in the long run.
Local Retail Store Price Matching
Another great tip is to check if local retail stores will price match. Not only do you get the deal you're looking for, but you might also get a more favorable return policy. If the gift doesn't quite meet expectations, this can be a lifesaver. For instance, you find a great deal on a toy at one store, but another store has a better price. With price matching, you can get the lower price and have peace of mind.
Don't Wait Until the Last Minute
Waiting until the last minute is the worst thing you can do. There's no time for research, planning, or budgeting. You might end up overspending on a critical item that could make the holidays special. By starting early and following these saving tips, you can make the holiday shopping process more enjoyable and less stressful.
As one shopper shared, despite the shopping frenzy, it's important to remember the true meaning of the season. It's not about the gifts but about family, a meal, and getting together. Giving the gift of time to your loved ones is priceless and more special than any gift money can buy.
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