With the excitement of the coming holidays, comes the stress of constantly wondering, “Can I afford this?” You may have even had a problem during previous holiday seasons with overspending and debt when it comes to shopping; with all the pressure to buy and buy during the Christmas season, this is an understandable issue. There are so many ways to prevent overspending during this wonderful time of year without getting a title loan to pay for it all. Here are some tips on how to stay within your budget this Christmas, and not rack up any more debt!
The best way to make sure you do not overdo it with spending this year is to set a limit for yourself. Create a shopping budget. You can start by writing down each person you're going to buy presents for and around how much you would like to spend on each of them. You can write this list on the notes app in your cell phone to ensure that you have it on you at all times. This list will help prevent overspending caused by forgetting how much your limit or budget was. Keep track of your totals and write down what you bought to give yourself a visual.
When you are writing down your budget, you need to keep in the back of your mind how much money you have coming in and going out. For example, how many paychecks will you be receiving between now and the Christmas holiday? Don't plan to spend more than you have coming in on your credit cards, and whatever you do, don't forget about your monthly bills. Unfortunately, they don't take a break for the holidays. Set aside the money you need for your bills first, and be sure not to touch it!
Couponing is a very popular trend, and with the technology so readily available, it's much easier than you think. You don't have to wait for the weekly circular, and kiss cutting and clipping to get the coupon you need goodbye! Now, there are hundreds of websites that you can use to search for coupons at the store you desire for free. RetailMeNot, for example, is a popular site to find discounts on virtually all your favorite products. You can go online, see top pick coupons being used right now, and use them yourself at thousands of retailers all over the country, both online and in-store. Coupons might not make items free and usually only offer a small percentage off of your total, but you'll be glad you used this tool when you check your bank account after the holidays.
If you have already overspent and are having trouble paying your bills on time, you may want to look into another option. Get access to the value of your car and keep driving your car so you don't skip a beat. Searching "title loan near me" can help you find reputable lenders near you to overcome this stressful situation. This could allow you to pay your bills on time without putting yourself further into debt.
Happy holidays and happy savings!