(ARA) – The recession has taught many Americans a valuable lesson about saving money. With the holidays approaching, it’s likely many people will seek ways to continue their newfound thriftiness while still spreading some holiday cheer. Sharing the concept of saving – and the value it brings to you and your family – may be this year’s hot gift idea.
Average Americans are saving a higher percentage of their income – in fact, several times more – than they did just five years ago, according to the U.S. Department of Commerce’s Bureau of Economic Analysis. Retail forecasters are predicting consumer spending will be flat this holiday season, and many Americans say they intend to spend less this year.
From samples and coupons to managing the family budget, saving money is in style, and a holiday gift that saves cash can be a great deal for the giver and the recipient. Here are some ideas for ways to save your money and share the happiness of savings and value this holiday season:
* Seek out holiday promotions that offer buy-one-get-one-free discounts or two-for-one offers that will allow you to spend some time with the recipient while he or she enjoys your gift. This could be anything from pedicures at your local salon to airfare for a trip to visit loved ones who are far away.
* Turn coupons into savings. There are several ways to do this. Take advantage of coupon offers from manufacturers like Procter & Gamble (P&G) where you can use coupons found inside Crest, Gain or Duracell batteries to purchase items that make great stocking stuffers, like CoverGirl Lipstain, Pantene or Mr. Clean. Or save money on products – with coupon deals – that you’ll need a lot of during the holidays, including household cleansers, paper towels, cleaning supplies, laundry detergent and cold remedies. Another option is to use the coupons themselves as stocking stuffers. For example, a busy mom may love the idea of saving on Pampers, but not have much time to clip coupons for herself. Sharing coupon savings can be a great way to spread some cheer and value this holiday season. Log on to www.pgeverydaysolutions.com to learn more.
* Purchase a membership to a wholesale club as a gift – an especially useful gift for families with multiple children and pets. Many of the large wholesale clubs offer holiday gift memberships. Buying bulk at a wholesale store is one of the top ways for families to save money on high-cost items such as paper products, fresh produce, meats and frozen foods.
*Celebrate New Year’s Eve with family and friends and host a potluck. Instead of ordering in, encourage invitees to bring their favorite covered dish – along with the kids. Having the kids together is a great way to celebrate the New Year while saving on extra costs like babysitting.
* Share the value with your community. Check your local listings for causes that may need a few extra items during the holidays. Recycling items like clothing, baby products, toys and books keeps them out of the waste stream and puts them in the hands of people who can use them. Plus, it’s a great way to teach children the essence of the holiday spirit of giving and good will.
With a little creativity, you’ll be able to retain your commitment to frugality throughout the holidays – and share the savings and value at the same time.
