How to Get Your Wallet Ready for the Upcoming Holidays
The most exciting and miraculous time of the year which each of us has been looking forward to is just around the corner. However, this period is not only the most magical but also, perhaps, the costliest. Now that less than a month is left before Christmas Eve, it’s time to think about preparing gifts for your near and dear ones. And you definitely do not want these purchases to set you back a small fortune once again. Here are some hints to help you avoid overspending before the upcoming holidays:
Make a Shopping List
The first thing you’d better do is write down the names of everyone you are going to give presents to. Then add to each recorded person options of what you plan to buy them – at least approximately. This will let you avoid unexpected purchases, as well as be pretty sure about what you are looking for.
Plan Your Budget Properly
The next step is to budget. Calculate how much each gift can cost, and how much you are willing to spend as a whole. This move is just essential if you want to keep the situation under control. After all, no one wants to wake up in the new year with huge credit card bills.
Put Small Amounts by Each Day
It’s never too late to lay by. Begin to save at least a couple of dollars a day starting today, and you will appreciate it tomorrow. And it will be best to grow such a habit in advance next year.
When it finally comes to purchases, don’t rush. Compare prices at different places and make a well-balanced decision. Remember that sometimes online shopping can become more advantageous than in-store. And stores’ mobile apps may offer better prices than those presented on the websites.
Redeem Credit Card Rewards
If you are a lucky owner of a rewards credit card, it’s time to take advantage of the earnings. Cashback, points or miles – all these bonuses can be found in excellent use now. Just check your account and redeem the rewards you have managed to accumulate.
Earn More Credit Card Rewards
Besides, some credit cards may have special offers that will help you save or make profit of the impending expenses.
Make Use of Sales
In addition to credit cards’ offers, pay attention to the deals that retailers provide. The most anticipated sales of the year are certainly Black Friday and Cyber Monday, but Christmas discounts may be not less beneficial. Again, don’t forget to be rational. Keep to your determined budget and don’t go too deep.
Latest Other Card Guides
The holiday season is a time when many Americans spend big on dearest friends, relatives, and themselves. During the festive fuss and buzz, it’s easy to fall into the urge to spend and buy more than you can afford. However, if you don’t want overspending to set you back financially in the new year, here’s […]Continue »
If you frequently make online payments but remain concerned about your sensitive bank account details, virtual credit card or digital wallet services can give you the added layer of protection you need. A virtual credit card (VCC) is an online only version of your debit or credit card. It’s not a physical card, but a […]Continue »
Each of us probably has a credit card in the back corner of your wallet that you haven’t used for a long time. And more than once you may have thought about whether you should cancel that card. But closing a card might not be the smartest thing to do, as this move could certainly […]Continue »
Personal data is any information that obviously relates to a particular person and can be used to identify them. It is a key aspect of online identity, but unfortunately, it can be exploited wrongly. Some individuals might steal personal data to hijack mailboxes, create fake documents, and use people’s contact information to harass them. Cybercriminals […]Continue »
Millions of Americans are at risk of identity theft every year. It’s a growing problem in the U.S., especially during the pandemic as identity thieves are targeting relief checks and unemployment benefits. Identity theft occurs when someone steals your personal information such as your Social Security number, bank account number or credit card information. There […]Continue »