Air fares and gas prices take their toll on consumers' wallets as the 2010 holiday season approaches.
Airline travelers are spending nearly 50% more this year than in 2009 for Thanksgiving holiday fares. And the price at the pump offers little relief for those planning to skip the airport. The cost of a regular gallon of gas increased 6% during the first week of November (
moneywatch.bnet.com Nov. 10).
As a result, consumers who combine travel plans with holiday gift-giving are left searching for new ways to tighten their belts and still spread the holiday cheer.
Here are three alternative methods from Yahoo! Finance to help you save some cash this holiday season:
- Share your skills. Are you handy with computers, a do-it-yourselfer, or a master chef? Whatever your skill set, deliver your talents and expertise as a gift. It's a thoughtful present that also helps both giver and receiver save money.
- Move the holiday. Agreeing with others to celebrate shortly after a holiday allows you to share the season and the savings. You'll be able to take advantage of after-holiday sales, enjoy festivities with others, and possibly avoid hectic travel days.
- Check your supplies. Inventory supplies before stocking up this holiday season. You may find you have plenty of wrapping paper, cooking ingredients, and gift boxes to satisfy your needs and prevent unnecessary purchases. Besides, who needs four rolls of half-used transparent tape?
For more ideas on smart spending, visit CPFCU's MoneyMix and click on the "Spending" blog. While you're there, check out the blogs for Earning, Borrowing, Investing, Driving, Housing and Insuring.
