Tips to Save Money This Christmas Featured Image

The most important memories at Christmas are about the time spent with family and friends. Keep happiness, good tidings and cheer at the centre of all your shopping and activities with these seven tips on how to save money this Christmas!

Make Your Gifts

People remember homemade gifts due to the personal touch. Purchasing raw materials for crafts, clothing or food is much cheaper than buying the finished product. Homemade is a way to show you care.

Gift Exchange for Relatives

It is always awkward when you don't buy a present for a relative who bought you a present. A Gift Exchange, Draw-One Name or Secret Santa system places all your relatives names in a box and allows each member to pick someone. This is efficient, cost-effective and avoids embarrassment.

Buy in Bulk

Most stores will give you a discount for buying in bulk. You could even set up a deal with friends where one person gets one stocking stuffer and another gets another one - then trade. The larger volume will deliver a cheaper per unit cost.

Buy-One-Get-One (BOGO)

Along the same lines is the Buy-One-Get-One (BOGO) concept. Many stores will offer this promo or) to get you in the door. Other varieties of this sale include getting your second item at a certain percentage off or a gift card with your purchase.

Dollar Stores for Stocking Stuffers

Alberta is seeing more dollar stores springing up offering very affordable prices on the basics. These franchises are becoming more savvy with their marketing hoping to compete with the big guys. You can find a lot of “stocking stuffers” at good prices.

Sign Up for Rewards

Many franchises have their own rewards cards. You can get special deals if you are part of a store's membership club. Simply fill out a form to sign up. There are also shops that offer specials for online deals only, so go ahead and sign up for their newsletters to get special deals delivered straight to your inbox.

Online versus Brick-and-Mortar

Learn the price range for your gifts by going online to more popular store websites. Then you can check with local brick-and-mortar Edmonton stores to see how the prices compare. The Internet has great reviews also.

If you follow any of these tips or none of them, just make sure to have fun! This is a holiday that is all about enjoying good times with friends and family. Be creative and think outside the box. Tis the season to be jolly, healthy and wise.

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Posted by Terry Paranych on


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