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10.1 COST CUTTING TIPS FOR CHRISTMAS SHOPPING

10.1.1 Avoid using credit cards, unless it is for mail order

Without realizing it, many people get way over their heads in debt at Christmas. This is one of the main reasons people charge more than they can afford and then start carrying a balance. It can take years to pay it off. Bad idea!

However, with mail order a credit card offers you protection (in case of a problem) that a check doesn't.

10.1.2 Give practical gifts

Being practical is not contrary to the Christmas spirit; it's sensible. If you don't have money to burn, give something that is really needed and will be used.

10.1.3 For friends and relatives far away, consider mail order

Many families these days are giving gifts from favorite mail order catalogs. Besides avoiding the hassle of driving and shopping at the store, it also means that your recipient can easily exchange or return an item.

10.1.4 MORE COST CUTTING CHRISTMAS SHOPPING TIPS

10.1.5 Stock up on Christmas wrapping paper, ribbon, and cards

After Christmas, stock up at half-price sales.

10.1.6 Use creative wrapping paper

Use: aluminum foil with ribbons, old sheet music, the Sunday comics, a cut open painted brown paper bag, the sports section for sports fans.

10.1.7 Never give more than you can afford

Whether it is your nagging teenager, or your rich uncle you want to impress, don't buy something that puts you in debt. That's not what Christmas is about.

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