The holidays are fast approaching, and you might already feel that tug on your bank account. You don’t have to go into debt this holiday season. Instead, cut the costs of your daily expenses and build your bank account for the winter months. Here are five small ways to save money for the holidays now.
Skip the Holiday Lattes
There’s nothing wrong with your pumpkin spice latte (or whatever holiday inspired coffee drink you prefer). However, with the average cost of a latte at $6 or more, you can spend more than $40 on coffee in just one week. To save money during the holiday season, skip the fancy lattes and make coffee at home. You can spice up your at-home coffee by adding nutmeg, cinnamon, or pumpkin spice.
Opt for Homemade Meals
Treat homemade dinners and leftovers like gold during the busy and expensive holiday season. While ordering out is tempting during the winter, try out new recipes. One pro-tip is to try out a new recipe each week. New recipies give you something new and exciting to look forward to weekly. They also build your cooking repertoire.
Reuse Holiday Décor
Holiday decorations can be expensive. The lights, the Christmas tree, the boxes, ribbon, and wrapping paper can start to rack up. One way to save money for the holidays is to reuse and recycle. If you have gift boxes from the previous year that are in good shape, reuse them. The same goes for lights and any other decorations. Do not be afraid to reuse and recycle when it comes to holiday décor. Also, one tip for holiday decorations is to shop for them after the holidays and save them for next year.
Cut Coupons (or Download a Savings App)
There’s nothing like savings for the holidays. Don’t be afraid to lean into coupons and discounts. Many chain stores have apps where you can find additional savings. Download apps for the stores you frequent the most and take advantage of the discounts.
Drop the Pricey Gym Membership
While exercising is a great way to stay in shape and deal with holiday stress, an expensive gym membership may not merit its price tag, especially during the holidays. Cut the membership and opt for a cheaper gym or an at-home routine. You don’t have to spend a ton of money to look and feel your best.