This tip may only work if your kids are older since little kids really enjoy opening (sometimes more than the actual gift!). But if your kids are old enough, try buying one family gift that everyone can enjoy instead of many smaller gifts. You’ll be surprised at how much this can save you.
Some ideas for bigger gifts include:
- A video game system. Wii is a fun system that has plenty of games for all ages.
- A TV, stereo, Blu-ray, or other high end electronic
- A family trip: You might want to travel to a fun location for Christmas, or save your Christmas money to go on a vacation later in the year.
You can still have some inexpensive little gifts in stockings for the kids (or yourself) along with with big gift. Or maybe instead of opening gifts, you can go out to eat at a favorite restaurant or see a movie at the theatre. There are plenty of possibilities to spend time together and enjoy the holiday without having to spend money on a bunch of gifts.
If you missed it, you can read:
- Tip #1:Planning a Holiday Budget
- Tip #2: Make Homemade Gifts
- Tip #3: Save on Christmas Cards
- Tip #4: Decorating the Tree for Less
- Tip #5: Enjoy Christmas Dinner Potluck Style
- Tip #6: Decorate with Simple Lights
- Tip #7: Decorate Presents for Less
And don’t miss all the fun Summer FREEBIES & Discounts available for your kids!
Melissa Hurst, the founder of SavingCentsWithSense.net, is a married mom of three young children, so she understands the importance of stretching a family's budget to maximize savings. After working full-time in higher education for seven years, she pursued a passion of teaching both in the classroom and through her articles to help others. Her money-saving tips have been featured on Arizona Midday, and she is a regular columnist for LifetimeMoms.com and Times Publications in Arizona.
