The holidays have arrived. Red cups are back and nearly all the stores are already filled with holiday-related swag.  Although my partner and I love celebrating with our family and friends and keeping things minimalist, maintaining my debt plan isn’t easy around the holidays. There’s so much pressure to spend and from my own perspective, I want to be generous.

But I’m so close to paying off my debt, so I want to keep my spending in check, while still spending some money to go see family and spend time with them. I spoke with the people at Canterbury Law Group and they suggest treating your holiday spending like a business (remember YOU are the boss).

So this holiday season, my plan is to stay on track and keep things frugal during the most expensive season of the year.  I created these five tips with some expert advice from the bankruptcy attorneys in Scottsdale.


  1. Strategize. Begin by creating a holiday spending plan. Decide how much you can afford to spend this season, including gifts, travel, parties, decorations, and any other holiday expenses. Make a shopping list with who you want to purchase gifts for. Determine how much you’ll earn between now and the holidays and decide how much you’ll need to set aside each paycheck to save the amount you will need.


  1. Track your spending. If you realize you don’t need to spend as much as you planned in some categories, move the extra funds to your savings. Or even better, pay off debt!


  1. Shop without your credit cards.  Yes, leave them at home unless you know you need them for a specific purchase and you already have a specific plan to repay the debt. You don’t want to accrue debt during the holidays, right? That is NOT the holiday spirit, my friend.


  1. Shop smart. Shop online first so you can price compare multiple retail locations.  It’s also wise to ignore most of those “big” sales.  In reality, deals such as “Buy 2, Get 1 Free” often leave you spending more and acquiring items that you don’t need. Remember, a sale is NOT an excuse to spend.


  1. Avoid purchasing on impulse. Instead, make a note of the product, where you saw it and how much it was. Only buy things on your list!

I’d love to hear from you! How are you saving money this holiday season?



Melanie is a freelance writer currently living in Portland, Oregon. She is passionate about education, financial literacy, and empowering people to take control of their finances. She writes about breaking up with debt, freelancing, and side hustle adventures at

Currently she puts more than 50% of her income towards debt, while living a frugal, fun life. In addition to her love of personal finance, art and music, she is also a karaoke master. Follow the adventure @DearDebtBlog.

Latest posts by Melanie (see all)

4 responses to “5 Tips to Save During the Holidays”

  1. AccidentallySingleBlog says:

    I just wrote a post about budgeting during the holiday shopping season. I definitely will link your blog for these helpful tips next week when it is posted.

  2. Chonce says:

    Great tips! I started saving up for the holidays little by little back in July. I actually plan to save on gifts by shopping some Black Friday and Cyber Monday sales. I know a lot of PF bloggers are against that strategy but I found a way not to go too crazy with it and I’m game for whatever will save me money in the long run.
    Chonce recently posted…October Online Income ReportMy Profile

Leave a Reply

Your email address will not be published. Required fields are marked *

CommentLuv badge