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In 2018, UK consumers spent an average of £567 during the Christmas season, most of which was for gift giving. But for families who can't afford this amount of money, gift giving can be somewhat stressful.
Luckily, there are other ways to give the people you love gifts for special occasions without breaking the bank. DIY presents, buying gifts in bulk, and shopping during sales are just some ideas.
To make sure you stay on budget, make a list of the people you want to get gifts for, and plan accordingly.
Keep reading to discover how to spend less money on gifts without leaving anyone out.
If you want to shop for gifts on a budget, you need to set one and stick to it. Make a list of the people you want to get gifts for and for each person, the gift you plan to give them.
Instead of buying everyone several less meaningful gifts, consider getting one valuable gift. This is the best way to save money and show the person you care about them.
If there's a huge sale going on at a store or online, take advantage of it and shop for budget gifts. Even if your friend's birthday or Christmas is a few weeks away, you'll have a great gift to give them and won't stress when that day comes.
Sales usually happen at the end of the season when stores want to clear inventory or during big holidays. Some stores have a 'Buy 1, Get One Free' offers, so you can buy several gifts for several different occasions and people.
If you're strapped for time and need to get gifts on a budget, search the internet for discount codes and coupons. Stores usually offer discounts if you sign up for their newsletter or follow them on social media.
Your local newspaper may also have some useful coupons as well. Look through your junk mail before you throw it away - you may find some gems in there as well.
One of the best gifting tips if you're on a budget is to make the gifts yourself. You don't have to be crazy talented in crafts. Just open Pinterest and let your imagination run wild. People appreciate gifts that are handmade and from the heart, and you can use things you already have at home.
Use newspaper, magazines, butcher paper or tissue paper to wrap the gifts. Use yarn, twine, or pieces of fabric to make bows, and decorate with twigs, leaves, or your kids' art supplies.
The best way to stick to your budget and give everyone on your list a great present is to get inexpensive bulk gifts. You don't have to give everyone different gifts - it's the thought that counts.
Choose something you can personalize. For example, buy plain coffee mugs in bulk and write or draw something on each one with a Sharpie. Wall prints from the dollar store are another great option, and you can write something personal at the back.
Giving gifts to the people you love is a token of appreciation and celebration, but it can take a toll on your budget.
These gift giving tips will help you plan your spending and give everyone you care about a thoughtful gift.
Planning a family holiday? Read this article to find the best holiday hacks to save money and still have the adventure of a lifetime!