It may well only be November, but now is the best time to start planning for the upcoming festive period. This gives you almost a couple of months to ensure that everything is purchased and in place before the big day arrives! There are various ways that this can benefit you. By planning what you are going to get people, you can ensure that you purchase everything before the masses start shopping and things start going out of stock. High demand items can filter out of stores in the couple of weeks preceding Christmas Day and many suppliers will not restock in time for you to wait for more. There are also major events that can help you to save money if you are a little more organized. So, to help you along the way, here are a few steps you should consider incorporating into your Christmas shopping plan!
Embrace Black Friday
Black Friday is traditionally an American shopping event, but numerous countries around the world have started embracing it too. It is held on the day following Thanksgiving (the fourth Thursday of every November) and is generally regarded as the first day of the Christmas shopping season. This has been going on since around 1952, but the name “Black Friday” has only really been used since the early 2000s. The event sees retailers cut the prices of their stock in order to generate profit before the festive period. Increasing numbers of retailers participate every year, and nowadays, even online retailers are engaging. So, if you’re looking to make a major purchase, it may be a good idea to wait and make the most of Black Friday sales!
Be Savvy With Your Means of Payment
If you are going to make a major purchase in a given store, or if you are using a particular store for various gifts, you may want to consider taking out store credit cards as your means of payment on these purchases. Store credit cards tend to come hand in hand with rewards systems that you can benefit from significantly when spending any sum of cash with a particular retailer. Just make sure to be savvy with your spending and only to use the money you can repay on these store cards.
Look Out for Offers
When purchasing smaller gifts, you may notice buy one get one free offers or three for two offers. Make the most of these if you have multiple people to buy for. The offers may seem relatively small but if you get two gifts for the price of one each time you buy something, you can halve your overall spend!
These are just a few different steps you can take to make major savings in the lead up to the festive season! So, incorporate them into your financial plans and get the ball rolling as early on as possible!