How to Save on Holiday Shopping

Presents!

The early bird catches the worm. This is not a cliché when it comes to holiday shopping. The earlier you start setting aside money, establishing a budget and researching gift ideas, the more prepared you'll be to make reasonable purchases. Make a list and check it twice. Gather your coupons, too. It's time to start shopping!

Difficulty:

Moderate

Instructions

1. Shop three to six months in advance. Start asking your loved ones what they need or want. It is never too early to get ideas. The earlier you start organizing your shopping, the better decisions you'll make when you're at the stores. You'll also beat holiday traffic. You won't spark as much suspicion if you are asking questions well before the holidays. You'll be empowered to make wise, thoughtful purchases.

2. Establish a budget that also leaves you with money in the bank. You never know when you'll find the perfect gift at the last minute, and you want to allow for some impulse buys to reward yourself during the holidays.

3. Make a list that includes each person for whom you want to buy and a gift idea for each. Limit one gift per person and set a dollar amount for each. Be reasonable. Jot down notes about each person. Include ideas you have, stores he likes and any coupons you have that can apply to a gift for that person.

4. Pack a snack. You'll save money if you avoid eating out during your holiday shopping sprees!

5. Wrap gifts at home. You're shopping in advance so there is no need to rush the wrapping process. Try to avoid extra spending on gift wrapping.