This is the toughest time of year to manage finances and stay out of debt. I know because I’m struggling too. Here are some tips that will help you keep those plastic villains far away (in the freezer in a tin can or up in the attic or in your mother in law’s house.
1. Cut your grocery spending in half and use this money to shop. Cook more soups and stews. Make one pot of chili and turn it into five or six other meals like enchiladas, chilimac, tamale pie (cornbread pie), tacos, etc.).
2. Check out eBay. I recently found a brand new with tags designer sweater for one third what it cost in the stores.
3. Bake or cook your gifts to your kids teachers, your co-workers, neighbors, etc. Some favorites: chocolate dipped strawberries, cupcakes with a candy on top (e.g. a Kiss, or mini chocolate bars,) mini cheesecakes.
4. Shop thrift stores especially for stocking stuffers. I recently found lava lamps, new books, pretty scarves, computer and console games, CD’s and DVD’s still in shrink wrap, crystal knick nacks, small toys, baby items.
5. We all know about the fantastic after Christmas sales. If your loved one is wanting a coat or boots for example, give them a picture of the item with a promise to buy it December 26th (or 27th!) and, of course, make good on your promise.
6. Give a coupon for your services, e.g. Read the rest of this entry »
