Despite what the little ones think about presents being magically delivered down a chimney, that’s far from true. Christmas shopping takes time, energy, and its toll on our credit cards. Here are our four tips for avoiding the stress this year. 16 days to go people!!
‘Christmas budget blowout’ is a typical symptom experienced by the less organised among us (I can sense your eyes averting as we speak). But fear not, there’s still plenty of time to get on top of things.
First step is to write down your number. Set it and stick to it.
According to Scott Pape, the Barefoot Investor, 68% of people use their credit cards to pay for the bulk of their Christmas purchases, and 28% struggled to pay off their credit card after the previous Christmas. Worse still, 7% indicated that they hadn’t got on top of it a further 12 months later.
Avoid being part of that statistic by setting your gift budget now and making sure it’s one you can manage.
The Beyond Bank budgeting tool is a great place to start.
- THE LIST
While Santa’s making his list (and checking in twice) you should be too.
Everyone needs to make a list, whether you’re the type to just buy presents for your immediate family, or for your family, friends, postman, doctor and the 7-eleven guy down the road.
Once you’ve nailed your list, you can start dividing your budget between the various people and groups on it.
And remember, it’s often the thought that counts so you don’t need to go overboard. Think: who would prefer a beautiful handwritten card and some homemade Christmas cookies?
Better Health had some good suggestions for those of you who have large (read: costly) extended families:
- Buy presents only for the children
- Have a Kris Kringle, where everyone draws a name out of a hat and buys a present only for that person
- Set a limit of the cost of presents for each person
- BEAT THE CROWD
The scenes at department stores in the nights leading up to Christmas are the stuff of nightmares.
Avoid it by trying to get your shopping done in the next week. Perhaps you can utilise your lunch break, or make the most of late night shopping on Thursday. Also think about what you can get online and tick off the list from the comfort of your home.
- USEFUL APPS
The best kind of tech is that which helps you get stuff done in the real world.
We’re massive fans of Timeful: you list the things you need to do, and they’ll help you get it done (because if it’s in your diary you’re much more likely to tick it off). Download it now and schedule in that Christmas shopping time.
It wouldn’t be a Booodl It Christmas blog post without a little shameless self-promotion. But we truly believe we’ve created a tool that will not only help you utilise your time when it comes to Christmas shopping, but give you more headspace and save you from those frustrating forgetful moments.
Booodl It works by listing the products you want to buy, and receiving notifications when they’re stocked nearby. So just pop in your Christmas presents from any of our supported retailers, and Booodl It will let you know when it’s convenient to buy them. Download it from the App Store or Google Play now.
Have you got any tips you’d like to share? Tell us in the comments below!
The Booodl It team