When it comes to holiday spending, make the most of Santa’s wish list this Christmas:
  1. Plan ahead to avoid impulse purchases that may result in overspending or excessive gifts.
  2. Know the spending game. Research prices and upcoming sales events, return policies, coupons, re-stocking fees, and shipping costs when evaluating potential gifts. Review existing club memberships that may offer rewards or additional savings.
  3. Take advantage of small savings when possible. This may include sending e-cards instead of paper greeting cards, avoiding excessive gift wrappings, or choosing electronic gift cards instead of physical gifts delivered. Use existing rewards points.
  4. Limit your lists. This includes holiday party guests, as well as gift and greeting card recipients. Consider holiday gift games to limit the number of gifts you may potentially need to purchase.
  5. Be selective of your shopping location. Remember the impact that shopping locally can make on your community. If you’re shopping online, be sure to choose reputable retailers and confirm that you are on the correct website rather than potentially-spoofed sites. Shop online using secure sites.
  6. After Christmas, examine your receipts and plan for next year. Consider opening a Christmas Club savings account.