November 25, 2024

Frugal Holiday Hacks: Budget-Friendly Gift Ideas That Actually Wow!

31 minutes

Are you marking your calendars for Black Friday and Cyber Monday? So are we. It looks like shoppers are expected to spend more than ever this year — around $1,700 a person according to Deloitte.

We thought it would be fun to bring our pals Jill Sirianni and Jen Smith, cohosts of the Frugal Friends podcast, and the new book: Buy What You Love Without Going Broke: Transform Your Spending and Get More of What Money Can’t Buy back on the show to answer all of your shopping questions.

CHAPTERS:

00:00 Holiday Spending Trends and Impulse Control

06:14 Meaningful and Frugal Gift Ideas

10:12 Navigating Unexpected Costs and Community Support

16:02 Credit Card Use and Financial Boundaries

TAKEAWAYS:

Consider using last year's spending as a guide for this year's budget.

Community support is crucial during unexpected financial hardships.

Creative limitations can lead to better problem-solving and gift-giving.

Don't rely on credit cards for holiday spending if you can't pay it off quickly.

Thoughtful gifts can include experiences or personal items rather than material goods.

Learn more about our Finance Fixx program here. Use code PODCAST for a $100 discount. Interested in learning more about investing alongside hundreds of other women? Join us every other Monday night on Zoom at investingfixx.com.

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The HerMoney with Jean Chatzky podcast is sponsored by Edelman Financial Engines. The podcast team and its host are neither employees nor clients of EFE, however, the show does receive fixed compensation and is a paid endorser and therefore has an incentive to endorse EFE and its planners. To learn more about the sponsorship, please visit PlanEFE.com/HerMoney.

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By Jean Chatzky Her Money

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