It’s the most wonderful time of the year… for everyone but your wallet.
No matter which one(s) you celebrate, the winter holidays are full of excitement, wonder, and a whole lot of ways to spend more than you bargained for. From gift shopping to serving up those impressive holiday feasts, in November and December it can seem like you’ve got one hand perpetually in your pocketbook. (Good thing you at least have the savings of your Passport America membership, am I right?)
Don’t get us wrong; we love the holidays! But if you’re living on a tight budget, they can present a bit of a financial challenge.
But don’t despair. With a little bit of creativity and our expert tips and advice, you can find ways to save holiday money, even on a small salary.
Holiday Money Advice
When you’re figuring out how to stretch and save your money in the holiday season, the first thing to discern is what you’re spending it all on in the first place. If you don’t know where you’re money’s going, you’re powerless to stop it from disappearing!
The very first thing you need to do is implement a budget and monetary tracking system, whether you go old-school with paper and pen or you use an app like Mint.
Once you see what you’re spending all your cash on, you can begin to make a plan to cut back. When it comes to the holidays, the major culprits are probably presents and special holiday food and treats, as well as decorations — although those are more like one-time investments.
If you’re trying to cut back on holiday-specific spending, one great way to do so is to find ways to DIY your presents or find other low-cost ways to give gifts. After all, holiday giving isn’t about the item’s price tag — it’s about the thought and personalization behind it.
Here’s a great Christmas present that costs only a few dollars apiece, and can be made in batches for everyone on your list. Better yet, it’s something they’ll actually use and love — it doesn’t feel cheap at all.
It’s a batch of chocolate chip cookies in a mason jar! It’s pretty, useful, and cheap; all you need are some mason jars, sugar, chocolate chips, and flour. And all your giftee needs to do is add wet ingredients like eggs, butter, and vanilla extract. Thanks to The Happier Homemaker for the great idea!
There are tons of other easy DIY gifts, from making your own candle holders (mason jars again!) to these simple but elegant wine charms made from nothing more than clothespins, craft paint, and glitter. Best of both worlds: find gift ideas that make great craft projects for your kids, so you’ll keep them entertained and make affordable Christmas presents all at the same time.
Creative Ways to Save Money
Of course, there’s more to saving up holiday cash than just finding more affordable ways to put presents under the tree. You’ve also got to fill your table with roasts and pies and cookies and cakes, and also to get everything decorated.
And maybe you’re not so handy and don’t really feel like having a DIY holiday. Regardless, learning how to save money every week will help you balance your budget better all year long, not just during the holidays.
Don’t worry, you don’t have to give up two-ply toilet paper or take out a second mortgage. There are easier ways to save money, many of which you don’t even have to think very much about.
For example, there are apps you can download on your smartphone to help you save money — yes, really, and no, they’re not a scam! For instance, an app called Digit will automatically round up your change when you spend money and deposit it into a separate savings account you can access whenever you like, but which isn’t connected to your main bank account. That means it’s out of sight, out of mind… and can easily accrue to much more than you’d expect, just using the everyday transactions you’re already making.
How to Make Extra Holiday Money
What’s the very best way to save money? To make more of it, of course! And since you already own an RV, you have an easy way to earn and save some quick cash for this winter season.
If you’re not living in your rig full time, there are lots of times it’s just sitting there empty doing nothing. Take advantage of those earning opportunities by listing your rig on RVshare!
It’s easy to get started and you always have full control over who rents your rig and how much they pay for the privilege. Plus, each rental is covered by RVshare’s unique set of renter benefits, including 24/7 roadside assistance and a comprehensive crash and liability insurance.
Renting on RVshare can help you get extra holiday money, and also to supplement your income year round. The average RV owner who lists their RV on the site earns between $5,00o and $30,000 per year… just by renting their rig when they already weren’t planning on using it.
Full-timing? Not to worry — there are still plenty of other great ways to earn extra cash, right from your RV. You could try out freelance writing or do remote work as a customer service rep for businesses like Apple and Amazon. All you need is a steady internet connection… so if you’re planning on boondocking or staying at a campground without WiFi, be sure you’ve got a mobile hotspot or some other connectivity solution. (There’s always the local coffee shop!)
Best Way to Save Money
We hope these holiday money saving tips help you celebrate the winter festivities without worrying about your wallet. For even more money-saving advice no matter what time of year it is, check out these other great RVshare posts:
- 8 Clever Ways to Save Money While Traveling in Your RV
- 5 Ways to Save Money RVing Now
- RV Tax Deductions You Should Know About
Happy holidays, campers!
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