Holidating: 4 Tips & Strategies to Saving Money on Gifts This Holiday Season

“Holidating” is an ongoing Match.com blog series focusing on data from a recent Match.com survey on singles and the holiday season. Stay tuned for more posts examining the data in the upcoming week!

saving money holiday season

Even though Black Friday and Cyber Monday have already passed, many of us still have quite a bit of holiday gift shopping to complete. In fact, giving gifts is one of singles’ most cherished holiday traditions, with 45% saying they love giving presents more than attending parties or decoratingGreat deals are still out there – you just need to know how to find them amid the masses of shoppers. In order to keep your gift shopping from crushing your checking account and stressing you out, here are five tips to save on Holiday gifts.

1. Establish a Budget
Take a step back and assess your Black Friday and Cyber Monday shopping. Did you score some great deals? Did you overspend? Either way, establish a budget for what you can afford for your remaining presents, and be sure to stick to it.

2. Shop Online
If you didn’t participate in the Cyber Monday sales, you missed out on some good deals. However, many retailers are extending great offers throughout the entire month. Just be sure to research the return policy of any retailer, and if you see a deal that sounds too good to be true, it probably is.

3. Get a Gift Card Instead
If you’re still unsure about what to get someone on your list, consider purchasing a gift card. You’ll save yourself some stress and ensure that the recipient gets something they really want. Close to 75% of women have been disappointed by a gift from a significant other, as well as nearly 50% of men. So don’t over-think it – pick up a gift card and know that it will be a hit.

4. Use Gift Cards for Purchases
Consider buying gift cards at a discount for the stores you know you’ll be shopping at. You can find them at websites like Plastic Jungle, with some gift cards being worth as much as 35% off. Apply these gift cards to items on sale and you’ll truly maximize your savings.

Final Thoughts

As the holidays draw nearer, you may encounter store personnel who are on edge and irritable. Although it may not save you any money, try to remain as polite as possible, and keep the complaints to a minimum. Keep the holiday spirit in mind, and remember all the money you’re saving. This should be enough to keep a smile on your face throughout the holidays.

What other ways can you think of to save money on holiday gifts?

About David Bakke

David Bakke is a contributor for Money Crashers Personal Finance, a site that provides tips on budgeting, relationships, lifestyle, and more.

  • joey cicero

    Joey from ny just moved to boca raton fl just opened a new cleaning biz like going out staying with family waching
    movies going out to eat.

  • Lily

    These are also good ideas for anyone who wants to save themselves from the headaches of holiday shopping. I know that when I actually budget my shopping I’m a lot less stressed because I know that I’m not dipping into funds that are meant for bills and rent. I love your final thoughts to always be as polite as possible when getting all this shopping done. This year I used the DISH Remote Access app that was suggested to me by one of my coworkers at DISH, and while I was waiting in long lines, it helped to pass the time more quickly. It lets me stream live TV and my DVR recordings so I had something to keep me distracted and I wasn’t irritated by all the screaming children –lol!