Avoid Debt and Focus on Simple Things This Holiday Season

On The Money

For many families, Christmas on a budget is going to take on a whole new meaning this year. Americans struggling to pay their mortgages or put food on their tables are likely to cut back on their gift-buying this holiday season. Don’t worry, you’re not alone, it’s definitely the “trend” this holiday season.

However, the tight economy might actually work in some shoppers’ favor as retailers slash prices, offering bigger and earlier sales this year to lure customers away from their dollars. Shoppers just need to look carefully for the best deals and play a game of chicken with retailers — holding out for the best price, but not waiting too long for the risk of facing empty shelves.

For retailers, the pain will be felt everywhere, from high-end stores to discounters. Most retailers thought they were being very conservative when they placed orders for the Fall last Spring, but they had no idea about how bad the economy would become. Regardless if you do your shopping online or locally, expect to see aggressive sales this year as retailers compete for your dollars.

If you choose to shop online, expect to find great bargains. However, shoppers should not buy anything online without first searching for discount or free shipping codes.
If you’re not a seasoned online bargain-hunter, check out these websites like slickdeals.net and fatwallet.com. Sites like Couponcabin.com and Retailmenot.com offer sales and discount codes. You can search for deals on free shipping at Freeshipping.org.

Although shopping on the internet can be efficient and cost effective, nothing beats the experience of walking into stores. Local retailers will be offering great values this season as they compete for your dollars. Not to mention that it will be easier to return items, which can save you time and money. It’s always good for the local economy and shows you care about the business community that support your children’s schools, service organizations, youth sports teams, and various charities.

Take advantage of this year’s bargains by limiting your spending to what you can afford! If possible, avoid debt and focus on those simple things most important to you, your family and friends. There’s no question that you can have a truly special Holiday and not break the bank.

Rilian Ball, is managing partner of Visalia’s only boutique mortgage company whose specialty is empowering clients with insight and depth of knowledge to make educated decisions about Real Estate finance. Visit ValleyTrends.com for a free report on value stocks provided by Quest Asset Management.