Pressure to Overspend During the Holidays? Here Are Creative Ways to Celebrate for Less

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By Ronald Tech

The holiday season is in full swing, and Americans are knee-deep in tackling their shopping lists. But if that’s getting increasingly stressful, you’re not alone.

Almost 60% of Americans feel pressured to spend more than they’re comfortable with on holiday items, per a recent CouponFollow survey. The holidays come just once a year, and no one wants to feel like they’re letting down loved ones. However, slamming into the new year with towering credit card debt is no way to start afresh.

Heavy credit card balances are not just expensive to settle; they can also wreak havoc on your precious credit score. Accumulating a towering debt load isn’t the ideal way to usher in a new year.

If you’re feeling pressured to overspend during the holidays, here are a few alternative shopping approaches you might want to consider.

1. Determine What Really Matters

It’s understandable that the kids may desire extra holiday trimmings, new gadgets, and a lavish Christmas feast. Nonetheless, if everything isn’t feasible, prioritize what holds the most significance. Perhaps the kids would forgo extra decor for a cherished present or a specific treat from their favorite bakery.

2. Embrace Experiences Over Gifts

Rather than filling the kids’ stockings with multiple gifts, limit it to a couple. Use the savings to plan a family outing, such as a play or ice skating, that ensures everyone enjoys a spirited December.

3. Get Creative with Homemade Gifts

If budget constraints make it impossible to purchase gifts for everyone, consider crafting homemade treasures. From home-baked treats to personalized photo frames, these gifts come straight from the heart at a fraction of the cost.

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This holiday season, resist the pressure to overspend. You don’t want to dive into the new year on shaky financial ground. With a few adjustments, you can enjoy the festive season without being buried in debt.