The holiday season will be here before you know it, retailers nationwide have already (some since Labor Day) put up holiday decorations and are prepping for some of the $640 billion shoppers will spend this year.
With all the deals and great specials retailers offer, the playing field may seem like it’s tilted in their favor. But you as the consumer can fight back with great planning to avoid overspending while still getting everything on your list. Here are a few tips from Security State Bank to keep your bank account balanced throughout the holiday season.
Set a list for each person- this makes things simple: if it’s not on the list, don’t get it.
Compare prices and make a store list- take the items on your list and compare prices at different stores. You can then set a list for each store you need to visit. Again, if it’s not on the list, it doesn’t belong in your cart.
Start shopping now- who says you have to wait until after Thanksgiving? You can still find deals that are nearly as good, and you don’t have to deal with all the holiday shopping crazies out there.
Use cash only- set your budget, withdraw that amount in cash and leave you credit and debit cards at home.
Decide on a shopping strategy- can your bank account handle all of your shopping at once, or do you need to spread it out? You don’t want to cripple your cash flow for the rest of the month by spending everything all at once.
What’s your holiday shopping strategy? Do you go super early on Black Friday or try to avoid crowds at all costs?
Whatever your plan is, Security State Bank hopes you can employ some of these tips to help you save a little money and enjoy a great holiday season. We hope everyone enjoys their Thanksgiving, and we look forward to seeing you soon!