Showing posts with label avoiding debt. Show all posts
Showing posts with label avoiding debt. Show all posts

How We Afford the Holidays Without Credit Card Debit

When I talk to my friends and family about the holidays, the subject of budgeting and credit card debit comes up. No one can ever believe me when I tell them we accumulate $0 credit card debit for holidays and I never spend more than $50 on gifts.

I have had people say things like "That is a flat out lie Sara. The gift you gave us last year cost at least $30!"
They always want to know how I can decorate, gift and give without spending more than $50 out of my own pocket. Today I am going to share the low down with you too.

First, being a family that lives on a budget, events such as back to school, Halloween, Thanksgiving, Christmas, and birthdays are always on my mind! Creative ways to accumulate funds or gifts is a year round project.

I do a variety of things online to add to my kitty.

If I see a great item on clearance I will buy it, but only if I have the extra cash on hand. I don't buy on my debit card or credit card.

At the end of each season I buy the goods I need next year on clearance. I use my stash of gift cards to do this. I buy wrapping paper when it is down to 50 cents a roll or less. Instead of going out and buying decorations, I usually make my own using items that I already have at home. For example, I use Christmas ribbon to decorate not only the tree, but to also add finishing touches to garlands, wreaths, and wrapped gifts. Same with bows, gift tags, bags  etc. Seasonal trinkets are also great to get when they get marked down to 80-90% off. I get stocking stuffers for 20 cents and stash them for the next year. Or I might buy Easter coloring books for 10 cents and stash them too.

Inbox Dollars I spend about 25 minutes a week reading emails, playing games, watching videos and more. I have cashed out several times. It is pretty easy money and you get a $5 sign up just for joining!

I shop Zuilly. I shop here because it is easy to earn credits and they have such super deals. I get really low priced deals here through out the year and add to my "Gift Box".

I use the WalMart Savings Catcher App. I scan each receipt I get from WalMart and accumulate savings on products. I wait to 'cash out' until there is something I need to buy for a holiday.

I have the Shutterfly app, so I watch out for special offers, free prints and more. Photo gifts are always a hit. If you are not using Shutterfly sign up here for FREE Prints!!

I of course watch amazon for deals. I save money on everything! I do tasks on m turk to earn money too. I don't have much time for this, but I would estimate I spend about 30 minutes a week turking and making some spare change on easy tasks.

As a blogger, if I participate in a campaign that pays via a gift card, I save it.

That is how I can afford to celebrate all of the major holidays without dipping into our budget for any extra expenses. I limit us to about $50 for last minute things like batteries.

 How does your family afford the holidays?