Pay Home Loans Before Christmas Spending
Many people lose their mind when it comes to Christmas frenzy shopping. The usual Christmas spending per family can get as high as $1500. Without planning ahead, and foreseeing the immediate consequences, such Christmas spending should be avoided if you are tight on the budget.
There are two options to bypass this Christmas financially. Either save or generate some cash for the extra expenses or cut down some of the Christmas spending expeditions you might have planned. Here are some tips and tricks to keep you on track with your home loan payments.
The My.Gov.Im has some ideas how to save down and do smart shopping before Christmas:
Compare prices in different shops. Buy what you want and not what other people say you need. If you, or one of your family, just want a mobile phone for calls and texts don’t be pressured into buying a smart phone just because they are the latest thing. It will be more costly and a waste of money if it won’t be used to its full potential.
Pre-Christmas is costliest shopping time so if you’re after a “big” family present like a high end games console or TV…wait until the Sales. If you can’t bear the idea of this at all – what about buying gift cards or vouchers for the item and using them towards it in the Sales. Remember though, gift cards and vouchers should be treated like cash so take care of them. Make sure you use them before they go out of date. Also, consider where you buy them from – if a company goes bust they are likely to be useless.
Don’t be a foolish foodie
Make a list of what you need and don’t be tempted by things you don’t. More often than not you don’t need the extras and you waste food and money. Special offers and “3 for 2’s” are great if you are shopping with like-minded friends or family and the food can be split between you. However, if not, the reality is often that you end up with lots of food you can’t eat before it goes out of date.
Do you have an artistic flair?
You could make gifts like biscuits, sweets, chocolate, chutney or jams for your loved ones. People often appreciate such presents even more as they know extra care has been put into them and you can save money whilst doing something you enjoy! Read more..
Spending Less at Christmas Helps Paying Your Mortgage
Choosing to do it yourself, and cracking down on the high Christmas gift list, can be a very profitable idea. People prefer receiving gifts which were hand made. People prefer a gift which shows you really did made an effort and not just something you bought at Amazon for 20$.
People will appreciate your efforts to keep this year in a controlled budget.
The bank and your credit company will appreciate your efforts to be a VIP mortgage customer and not another case of inflated credit card person. Having a better credit score, will maintain your interest rates down, by that saving you hundreds of dollars until next year’s Christmas!
Share this, you might be helping out someone this Christmas…