Wednesday, October 28, 2009
Keeping holiday spending down to a dull roar
From Ryerson University, some tips for cutting holiday outlays.
First, be realistic. What are your income prospects next year?
Then figure out how many people you have to buy for. Maybe it’s time to buy only for children.
Keep all receipts—don’t let it creep up on you.
Don’t use cards, unless you can pay them off in January.
Maybe get a line of credit at a lower interest rate. (Has Ryerson heard of the credit crunch?.)
Watch out for “Don’t Pay Until” deals—Make it says Interest Free, or it’s not.
Try to save—get five of the same thing if it’s cheaper. Hope your friends never meet.
Try to shop in one place and save on gas.
Cut back before shopping—brownbag it, use public transit.
You know what I do? eBay! I put bids on unusual jewelry—maybe one dollar, or two. If I get it, I get it. Usually the postage is more, but it’s reasonable in total.
And I apologize a lot—sorry, this isn’t much, but you have to admit it IS weird.
Any other ideas, readers?