How to Get Through the Holidays Without Going Broke - Deepstash
How to Get Through the Holidays Without Going Broke

How to Get Through the Holidays Without Going Broke

Curated from: hbr.org

Ideas, facts & insights covering these topics:

5 ideas

·

1.2K reads

4

Explore the World's Best Ideas

Join today and uncover 100+ curated journeys from 50+ topics. Unlock access to our mobile app with extensive features.

Budgets and holiday celebrations

Budgets and holiday celebrations

The holidays are usually filled with joy, celebration and the giving of gifts.

Having a financial plan in place will enable you to be less stressed and get through the holidays with your finances intact.

47

410 reads

Chat with your emotions

Our emotions are often more intense during the holiday season. Marketers are experts at using those feelings to make you buy things.

  • Make a rule for yourself: If an ad on the internet suggests a product to you, don't buy it.
  • Treat your emotions as if they are people. It can help you to detach from that emotion and be more mindful when you buy gifts.

47

223 reads

Create a holiday budget

Ask yourself what you think a realistic amount is to spend on gifts for yourself and others. It should be a number that you can realistically afford without dipping into your savings or creating credit card debt.

Then do your best to stick to your budget without getting caught up in consumerism. One strategy could be to use your travel funds. If you've cancelled a trip, you could redistribute a portion of those dollars for gifts.

42

187 reads

Start a new tradition

For those who are able to see your family in person this holiday season, you can save money by doing a white elephant gift exchange instead of buying gifts.

Another fun activity is cooking a special meal or playing old fashioned charades.

41

195 reads

Focus on experiential gifts

Experiences often stand out over possessions in our memories. You can explore a nearby park or nature center with your friends and family, ice skate, ski, visit a zoo, or any number of other activities.

Online, you can host a talent show or take a virtual craft course. The memory of doing a tutorial together and the funny mistakes you made, will stick for a lifetime.

44

186 reads

IDEAS CURATED BY

pai

Music geek. Coffeeaholic. Travel advocate. Social media maven. Certified tv guru.

Paisley 's ideas are part of this journey:

How To Stop Wasting Time

Learn more about moneyandinvestments with this collection

Creating a productive schedule

Avoiding procrastination

Prioritizing tasks effectively

Related collections

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

—

100+ Learning Journeys

—

Access to 200,000+ ideas

—

Access to the mobile app

—

Unlimited idea saving

—

—

Unlimited history

—

—

Unlimited listening to ideas

—

—

Downloading & offline access

—

—

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates