The Holidays Are Around the Corner, but You Can Still Save with These Holiday Savings Tips
Tis the season for spending, but you can reduce the impact on your wallet by shopping smart. Here are holiday savings tips to save your bank account this season.
Time Travel Right
You can put together holiday savings tips without including travel. There’s still time to save on expensive holiday travel. Flight prices stay stable during October, so prices won’t vary by much, but try to book before Halloween, says Patrick Surry chief data scientist for Hopper. According to Surry, you’ll spend an additional $1 for every day you wait past November 1st to book your Thanksgiving travel.
Leverage Travel Apps
Use travel apps like Hopper or Kayak’s advice feature to determine if you should buy or wait to buy your flight. Often, the best time to travel is on holidays. Most people traveling for Thanksgiving for example, travel from Wednesday to Sunday. Changing your return date can save you up to $150 in savings per ticket on average, according to Jeff Klee, CEO of CheapAir.com.
Transfer Credit Card Points
Whether it’s to help you save on airfare for holiday travel or for holiday gifts, leverage your credit card points to save money. Credit cards often offer great exchange rates on retail gift cards and direct travel bookings. Make sure to compare offers to obtain the best value for your points. Avoid credit card gift cards. While these are often more convenient for the recipient, cardholders tend to get less for their points than they would if they exchanged them for a retail gift card.
Try Peer-to-Peer Rentals
Car rentals can cost drivers hundreds of dollars. That cost goes up if you pay for rental car insurance. Instead of renting a vehicle from a traditional rental car company, try a peer-to-peer rental service like Getaround. The car-sharing service allows you to rent a car starting at $5 per hour, and you can avoid the extra taxes and fees car rental companies charge. A great option if you only need a car for an hour or two.
Start Planning Your Shopping List Now
Start planning your holiday shopping list now. Once you know what you need to buy, you can watch prices to catch the lowest price for the items on your list. Early holiday shopping also prevents price gauging. Each year, shoppers fight to get their hands on the season’s hottest toys. By shopping early, you can score that hot ticket item before it sells out.
Don’t Wait Until the Last Minute to Pack
Putting off packing can cost you. By packing strategically, you can avoid bag check fees. Packing last minute doesn’t give you enough time to run through everything you’ll need for your trip. You’re more likely to forget necessary items that you’ll end up having to purchase at your destination. Save money by investing time on packing.
Sign Up for Newsletters and Alerts
Now is the time to accept spam. While you may spend the year avoiding spam, tis the season to embrace it. Sign up for newsletters and alerts from your favorite brands – and stores that carry items on your holiday shopping list. You’ll be the first to know about discounts and special promotions that you can leverage to save money.
This post is not intended to be a solicitation for a loan. Pomo One Marketing, Inc. provides these blogs for entertainment and informational purposes only. Remember to consider all your financial options before making any decisions related to credit.