Who doesn’t love holidays? It is the time to bring together entire family, show gratitude and love each other. This ultimate guide to saving money shows you how to stop being wasteful with your finances and instead show gratitude.
Did you know that based on the Bureau of Labor Statistics study, our food is the 3rd largest household expense? If you don’t want to go over your budget during holidays, then you need to plan accordingly. Follow this guide to saving money and be grateful what you already have.
The Ultimate Guide to Saving Money on Holiday Dinner
If you live in the US and celebrate Thanksgiving, then you know how pricey can the holiday be. Sooner than you realize we are already celebrating Christmas. It is no surprise that so many families are unable to stick to their budget.
# 1 Don’t Forget What the Holiday Is REALLY About
We tend to be so busy with all the organizing, work and holiday shopping that we forget what holidays are truly about. Enjoy family time. Show gratitude. Share love.
Use this FREE Weekly Gratitude Sheet, you can Download it here.
Fill it out daily and print it out to every family member. Sit down and write down what you are most grateful for. Do it together!
# 2 Use Monthly Budget Plan and Plan Ahead by Creating “Holiday Fund”
You can use this free monthly budget plan to create your monthly budget plan. It is important to plan ahead and to be realistic. If you follow this guide to saving money and are honest when budgeting, you will be able to stick to your budget.
In your monthly budget plan, create another expense row and name it “Holiday Fund.” Treat your holiday fund as an expense, then it is easier to save. Calculate the amount you need to save weekly to reach your goal. If you are having trouble saving enough, you might need to earn some extra. Check out these more than 100 options to make extra money from home. If you lack of inspiration to get started, you should empower yourself with Money-Making Mom: How Every Woman Can Earn More and Make a Difference.
# 3 Use Your Calculator
Don’t forget to take your calculator with you when you go to the grocery store. It makes it easier to find the better deal when comparing price per pound versus price per ounce.
# 4 Be Sure to Check Out Manager’s Special Deals
Did you know that you can save 30-75% with those? These items are typically getting ready to expire.
# 5 Get Familiar with Your Grocery Store Mark Down Routine
Where do you shop the most? Many grocery stores mark down majority of their fresh items. These typically include dairy, meat and produce. You can expect to pay only around 30 to 50% of what your grocery store normally charges. Many stores do it between 7:30 and 8 am, but it depends on a store.
# 6 Use Great Deals for Decorations
When looking for new table cloth, candle holders and other beautiful decorating items for your dinner table, never pay the full price. You can go to your closest thrift store and find some great items. If you are busy and prefer to shop online, only buy when items are on sale. This saves you lots of cash. Wayfair has always great sales up to 70% off and you can get a table cloth as cheap as $7. Their holiday wishlist can be very helpful if you want to save big.
# 7 Get Creative and Use the Items You Already Have
Take two hours to check out your cabinets, storage and garage whether there is something you haven’t used for a while. If you haven’t used something for a while, it is always refreshing. Or perhaps you can just match several items that you use daily basis. Remember, the holiday is mostly about family, and not about spending.
# 8 Keep It Simple
Chances are you already have some plastic cups or even a plastic dinner table cloth
that you haven’t used yet. Keep it simple and don’t overspend on items you will never use again. Minimalism has its beauty.
# 9 Keep Your Monthly Costs Low
Don’t forget to be financially savvy and keep your monthly costs low during holiday season as well. Unplug your appliances or use your energy saving surge protector to keep your bills low. The amount you save monthly bases can be added to your “Holiday Fund.”
# 10 Don’t Be Afraid of Coupons
Couponing can be scary, but it really isn’t that difficult. Check out these options below. If these coupons are available in your neighborhood, you can either print them out or load them onto your grocery store loyalty card.
# 11 Master Grocery Shopping with Grocery University
If you are really looking for a guide to saving money on your groceries, Grocery University is a way to go. This one time investments pays off faster than you think. Holidays always require more investment into food, therefore making smart choices during that time can save you big.
# 12 Always Get Your Cash Back
If you don’t earn cash back, you are leaving money on the table. Ibotta doesn’t charge anything to sign up and can save you more money than you think. Apps such as Checkout51 or SavingsStar can be very rewarding as well.
# 13 Only Use Cash When Going to the Store
When you go to the grocery, make sure you only take cash with you. If you have made a list for holiday dinner, taking only cash with you can help. You are less likely to spend more than you planned.
# 14 Be Aware of Rain Check
Don’t forget to ask your grocery store for a rain check if a sale product you wanted to purchase is currently out of stock. Rain check grants you the discounted price when the item is back in stock regardless of whether the promotion is still running or not.
# 15 Use the Benefits of MyGroceryDeals
Create account at MyGroceryDeals and then add your grocery items there. The great thing about it is the fact it searches online different grocery ads, and shows you stores of your items and of course the price. You can either text the list to your cell phone or just email it to you.
# 16 Skip as Many Aisles as Possible
Make sure you skip entire aisles if there is nothing on an aisle that you need for your holiday dinner table. It helps to reduce temptation and emotional purchases. Besides, avoiding those aisles will also speed up your shopping.
# 17 Don’t Fall Into the Eye-Level Trap
Did you know that grocery stores often place overpriced products at eye level on the right-hand sides of the aisles? Try to avoid those emotional purchases.
# 18 Be Aware of Sold Aisles
Sometimes grocery stores may sell some end of the aisle areas to different companies so they can promote a particular item. Make sure you are aware of those endcap display deals when shopping for your holiday dinner.
# 19 Don’t Be Afraid of Store Brands
When you are looking for options to save money for holiday dinner, then checking out your local grocery store brand items is a great way to save.
# 20 Don’t Underestimate the Drugstore in Your Area
You might want to check out whether your local drugstore carries some products you are looking to purchase for your holiday dinner. You can be pleasantly surprised, because often there can be some great deals for around 40% off the grocery store price on things you you need for your dinner.
# 21 Double Check Your Payments
Don’t forget to double check your receipt so you can be sure you have not been charged extra. Once in a while items don’t get correctly scanned or are even mislabeled.
# 22 Compare the Prices of Items You Want to Use for Dinner
Use price comparison list and choose the items you are going to use for your holiday dinner. Be sure to go to least three grocery stores in your area to write down and compare the prices.
# 23 Create Holiday Meal Plan Based on What’s on Sale
Check out what is on sale and create your holiday dinner plans based on that. No reason to pay extra for the higher price item.
Read the full post of 15 other great tips how to save on Thanksgiving Dinner here.
What would you add to the guide to saving money? Which tip did you find the most helpful? Share in comments below!
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