Save Well, 3 Ways to Save this Holiday Season

Save Well, 3 Ways to Save this Holiday Season

This holiday season, we’re all set to spend, but what about when it comes to saving money? Here’s three easy ways to save money this festive season.

The easiest way to start saving is to only buy what you need. It’s easier said than done, but haven’t you noticed that sometimes we’re just a tad bit tempted to buy that shiny, sparkly new dress when we already have a relatively new outfit or something that no one has really seen anyways? As it is the pandemic just kind of got over recently a while back, so chances are that no one has seen you wear that glamorous new outfit besides perhaps your immediate family. But, if you must really buy that dress, think before you do. Are you going to wear it again and is it something that is good in quality and within your budget? If so, then buy it knowing that your money will be spent well.

Another quick way to save but you might not have thought of is cutting down on eating outside. There’s always something that we may want to eat outside even though we might already have the exact same meal at home, so think about that before you decide to eat outside. Even getting coffee from a lovely café is still money being spent, so have coffee at home (you’ll be surprised how much you save in just a few days). Before you know it, you would have saved quite a bit and can use these savings for something else that you need, or you can save it for later.

The best way to save is to buy when there’s a sale. There’s sure to be some items that will be on sale right now, and you can find something that you like for a good deal. You might end up having to look properly and thoroughly at each sale section in a store, but it’s worth it when you find something or a bunch of items on sale.

When you learn how to save, you empower yourself to better understand how, why, and when you spend money. Once you understand this, you can learn how to manage other things as well. When you know your spending habits you learn about your saving habits as well.

Shefali is the author of Own It! Love What You Already Have of which all book proceeds go toward good causes. She is an executive at her family’s business, and board director for two other companies. She’s an alumna of Columbia Business School in New York City and Drexel University. She lives in Dubai with her husband and continues to travel for work. To learn more, visit shefalikarani.com