Sunday, October 2, 2011

Holiday Spending Review

First of all in saving money during the holidays, understand what you believe and the way you think about money:

1. know the difference between the wishes and needs

2. money is not equal to love

3. the real meaning of success-financial capacity

4. increase your awareness, know how you spend your money-recognize your budget black holes

Other ideas

To do:

Priorities-what is your purpose or aim Is the holiday on family and friends or give gifts make a priority list for what should be achieved, and what is optional.

Budget-total and per gifting please (not food, donations, travel, entertainment, postcards, stamps, gift wrap and decorations. Consider if you really need new party clothes or if homemade gifts could take the edge off your holiday budget-such as baking goodies)

Comparison shopping-non-expenditure comparison trips, or use of the Internet or circular ads to compare prices.

Shopping all at once at time of purchase – use your budgeted list and stick to it (if your list is too large to do in a time-see below-breaking into chunks or exaggerated avoid groups at the same time be completed).

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