It's been said that the holiday season is one of the most stressful periods of the year. This makes sense, as everything from the weather to shopping periods may impact one's mental state. As far as shopping is concerned, there are many mistakes that the average person makes. What they don't know is that these mistakes end up costing them money. If you're looking to save as much money as possible, here are common holiday shopping mistakes that Robert Jain will tell you to avoid.
One of the biggest holiday shopping mistakes, according to reputable authorities on finance like Bob Jain, is shopping in person. It's common to assume that, especially on busy days like Black Friday, the best deals are found in person. As ecommerce becomes more common, however, the sales that are found online are nearly identical. You don't have to necessarily leave your house in order to save money on presents for your loved ones.
Next, don't forget to keep a list of the various purchases you make during the holiday season. While it's important to keep records, especially if the purchases in question are sizable, it's equally important that it will help reduce impulse purchases. In other words, you're less likely to spend money on yourself when you don't have to. This is a great measure that more holiday shoppers would be wise to make, since they'll see the savings soon enough.
A lack of creativity can hurt shoppers during the holiday season, too. To frame this, you may be inclined to buy a new HD television for your parents, which would, in theory, make their holiday. Does this necessarily mean that you have to, though? You may want to be more creative, finding a present that has sentimental value that they will appreciate. The holidays are just as much about being creative as they are about making others happy. It doesn't hurt that said creativity can keep costs low, too.
Perhaps the most common mistake that holiday shoppers continue to make, even now, is procrastinating. Do you think that you'll be able to shop for everyone on your list, friends, family members, and loved ones included, in about a week or so? Chances are that you'll find this to be difficult, if not impossible, to perform. You need to give yourself ample time to shop and get everything that you need to be done, as this will save you money and stress alike.
One of the biggest holiday shopping mistakes, according to reputable authorities on finance like Bob Jain, is shopping in person. It's common to assume that, especially on busy days like Black Friday, the best deals are found in person. As ecommerce becomes more common, however, the sales that are found online are nearly identical. You don't have to necessarily leave your house in order to save money on presents for your loved ones.
Next, don't forget to keep a list of the various purchases you make during the holiday season. While it's important to keep records, especially if the purchases in question are sizable, it's equally important that it will help reduce impulse purchases. In other words, you're less likely to spend money on yourself when you don't have to. This is a great measure that more holiday shoppers would be wise to make, since they'll see the savings soon enough.
A lack of creativity can hurt shoppers during the holiday season, too. To frame this, you may be inclined to buy a new HD television for your parents, which would, in theory, make their holiday. Does this necessarily mean that you have to, though? You may want to be more creative, finding a present that has sentimental value that they will appreciate. The holidays are just as much about being creative as they are about making others happy. It doesn't hurt that said creativity can keep costs low, too.
Perhaps the most common mistake that holiday shoppers continue to make, even now, is procrastinating. Do you think that you'll be able to shop for everyone on your list, friends, family members, and loved ones included, in about a week or so? Chances are that you'll find this to be difficult, if not impossible, to perform. You need to give yourself ample time to shop and get everything that you need to be done, as this will save you money and stress alike.
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