The best part about the holidays is seeing the family and friends you love return.
But don’t forget the money to buy a new car, rent a home, buy a home in a different town or even just get a little holiday shopping done.
Here are the best ways to save money and get out of debt before it’s too late.
Shop for gifts.
A great way to save is to shop around for a gift that is a little unexpected.
This means you might not know what to get, but you can still save money if you’re willing to take a chance.
“I’ve heard of people saving $500 on gifts and then having to spend another $100 on a new gift,” says Brian Blattman, president of the company Brandx.
“That’s a great gift.
But you need to know what you want first before you shop around.”
Buy groceries in bulk.
There are many online grocery stores that are great places to shop, Blattmats says.
“You can save up to 50% on grocery shopping by purchasing bulk items.
If you have an apartment, you can rent the best grocery store in the area, and if you are a student, you may be able to find the cheapest grocery store at your school.
And when you shop at the grocery store, you might find that it’s cheaper than renting a place to live,” he says.
Take advantage of the savings you’re saving.
There’s no reason to think you can’t make a few extra bucks if you go with a budget.
“If you have some extra money in the bank, it’s easy to start buying some groceries for yourself, or maybe buy a bigger appliance or home decor,” Blattmans says.
You could also consider saving money on gas, phone bills, or car insurance.
“One of the best things about having a budget is that you can take advantage of it,” he adds.
“There are always ways to spend your money.
If it’s just saving money and saving money for other things, that’s great.”
Take on debt with the right tools.
There may not be a perfect solution for all situations, but Blattmins says there are a few tools that can help you make more money.
He recommends investing in a credit card, a credit union or a home equity line of credit.
“For many people, they have to take on debt to make ends meet.
So you can get a loan or a credit, or just get some cash to start making some money,” Blatts says.
But remember, there are always alternatives to credit cards and credit unions.
Set aside money for vacation.
Spending time with family and a friend can help cut down on expenses and boost your finances.
“The best thing about vacations is that they don’t cost anything,” Blasts says.
There is no need to spend more than what you need.
“When you spend $10,000 or $20,000 a year on a vacation, you don’t have to worry about getting sick, you just need to be comfortable spending that money.
That’s a lot of money,” he continues.
“And if you have a vacation that’s really short or a few weeks, that can be a big source of savings.”
Find ways to make your savings last longer.
If a few months of holiday shopping isn’t enough to help you get out from under your debt, it may be worth going back to work or taking a vacation to get some more work done.
“Instead of spending a lot in December, try to save a few days of your normal work week and make that the minimum amount that you need,” Blatmans says, adding that it can also be good to go to the gym and do some cardio to keep your money in check.
“In a lot that’s not really about saving money, it could be more about what you’re doing, so you can start paying your bills, and you can put money away for a rainy day,” he explains.
Get a free quote online.
Blattms recommends getting a free, no obligation, no-questions-asked quote from a personal finance expert online.
You can get one free from a financial adviser or from a bank.
“A lot of people can get advice from a broker, but most people don’t want to,” Blatto says.
Blatto also suggests getting quotes from an experienced personal finance adviser, which is the process of getting an account opened up online.
“These days, a lot people are looking for an expert to get them a free online quote,” he notes.
“Many people want to know, ‘Do I really need this?’ or, ‘How much money do I need to save?'”
Find a business credit card.
Blatts suggests checking out credit cards with a few companies, and then starting saving.
“Once you’ve gotten a couple of good credit cards, you’re probably going to want to