Holidays are the season where a lot of get-togethers, reunions, parties, and gift-giving take place. It's one of the most awaited times, especially for families. Many of us don't even consider the financial implications of holidays. Shopping for presents, booking hotel rooms and Airbnb, renting cars, or buying expensive plane tickets all start to cost more and more money the closer we get to the holiday season.
This year, the holiday season is bringing a lot of things and for most people, budgeting their money to buy all those things for their family and friends is where many people struggle. But it doesn't need to be this way! Holidays for condo owners can be a bit stiff but workable, especially if you plan for it well in advance. You can save your money for the holiday season after all! If you are determined with your goals, the holiday season will be just as fun as it usually is. Here are some tips on saving up making condo living efficient for this Holiday Season.
Create a Strict Budget Plan
Don't let your holiday spending go wild. Make a strict budget plan and stick to it this holiday season. Although it's beneficial to know how much you can spend, having a hard time sticking to your budget plan because too much shopping excites you is not recommended. You will end up spending more money when there is a lot of stress in your life.
Make a List of Everything
Next, create a list of priorities before you start shopping for the expensive stuff. This is one of the easiest ways to budget for a holiday because it forces you to think about your plans months ahead. Having an idea of what your goals are for the holiday helps save you some cash. When doing so, make sure that the things on your list are important to you. Don't shop for items that don't matter to you. For example, what stuff in your general condo design can you reuse as holiday decor. You can always separate your shopping into different categories according to priority.
Take Advantage of Holiday Sales
Many people mistake purchasing things they want when they first wish to, but if you can hold off shopping until Holiday Season, you will save a lot of money. People tend to start buying all their presents even before they can even afford to do so. Many of us get caught up in the excitement of Christmas and start buying gifts for friends and family months before we need to. By waiting for the holiday season, you will see more discounts, promotions, and generally lower prices for everything you need to buy. This also gives you more time to research what gift to give and allows you to prioritize your budget.
Opt for Sustainable Decorations
Instead of spending a lot of money on elaborate and complex decorations, consider buying cheap and straightforward decorations instead. The more expensive the decoration is, the more you have to spend on it. Also, if you have great memories during certain holidays, decorating your home with some of the simpler decorations will be greatly appreciated. DIY decors are also a great way to save money! You can also use some of your condo designs as a multipurpose decoration for the upcoming holidays.
Choose Gifts Wisely
This is an essential tip because it helps you with planning. The good idea is to set a budget and stick to it. Refrain from giving too many presents and prioritize the things that matter the most. Also, giving books as presents can be a great idea and can save you some money because they don't cost much and everyone loves them! You can also check online clothing stores for good deals. There are plenty of websites that offer discounts throughout the year; this is one of those times where these sites will give you discounts even on their already cheap products.
Homemade Gifts are the Best for your Budget
This is one of the most effective ways to save up for the holidays. You can make your gifts instead of buying them. For instance, you can create handmade cards for your family and friends. There are plenty of creative things you can do during this holiday season that doesn't cost you much money. You can create a grocery gift mix for your grandparents, buy a cheap candle holder and some kitchen supplies, wrap it up in wrapping paper and give it to them as a gift! This will surely make them happy because you took the time to make something for them!
Include your Living cost for the month in the budget
If you are one of the people who have living expenses to pay each month, include this in your budget plan. Save up for the living cost during this holiday season. If you can consist of these living expenses in your budget plan, you will save up more money and buy more things for your family and friends because you will have a bigger budget.
Be Cautious in Using Credit Cards
If you are trying to save up for your holiday spending, use credit cards wisely. Many people get caught buying things they want using credit cards when they don't have the money in their bank account. Credit cards are not that bad, and they can even help you save money when bought with carefulness. Also, if credit card issuers offer rewards, they can be beneficial when used correctly. As a rule of thumb, be cautious in using your credit card because you can never get back the money if you don't pay it back on time.
As the Holiday season is near, a lot of people are now starting to save up. And no, the holiday season doesn't always have to be costly, but with the proper discipline and budgeting, you can be stress-free this holiday. You might want to try the nine tips above this coming holiday to help save up for all the holiday spending.
Save up and get a brand new condo with Vista Residences.
Vista Residences is the condominium arm of the country’s largest homebuilder, Vista Land & Lifescapes, Inc. that offers ready for occupancy and pre-selling condominium projects in Manila, Makati, Mandaluyong, Quezon City, Ortigas, Baguio, Cebu, and CDO that are strategically located within major cities, in close proximity to premium universities, transit oriented locations and developed business districts.
At Vista Residences, unit owners can take advantage of the property’s centrality. The properties of Vista Residences are strategically located near the country’s premium universities and CBDs, making them an attractive investment for both local and foreign investors.
Living in Vista Residences enables you to enjoy convenience, where everything is pretty much within walking distance or a few minutes away from the property; comfort because the project features and amenities are designed to deliver comfort at all times, which makes condo living a worthy investment; security that is 24/7 and CCTV monitoring, which makes the residents safe and secure within the property.
In line with Vista Residences’ thrust to offer convenience among its residents, it also features an AllDay Convenience Store and Coffee Project in all its projects.
For more information on Vista Residences, email [email protected], follow @VistaResidencesOfficial on Facebook, Twitter, Instagram, and YouTube, or call the Marketing Office at 0999 886 4262 / 0917 582 5167.