December’s here, which means... it’s beginning to cost a lot like Christmas! Now, it may be the last month of the year, but it’s also the most expensive. So before you hit the shops and attempt to tackle your Christmas list, be sure to read our December Financial Checklist that’s chock-a-block full of tips and tricks to get you through the silly season.
Speaking of which, in the spirit of Christmas, we come bearing gifts! Each day in the leadup to Christmas, you’ll find a new festive surprise tucked away in our Mozo Advent Calendar on Instagram.
On that note, it’s now time for your last financial checklist of 2019!
1. Make a list & check it twice
When it comes to doing the Christmas shopping, it’s all too easy to get caught up in the spirit of giving and blow money on unnecessary items. Which means it’s super important to set yourself a clear budget before you hit the stores, so you don’t start digging away at your savings.
So, take a leaf out of Santa’s book and double-check your shopping list to avoid overspending this Christmas. They don’t call it the silly season for nothing folks!
2. Less is always more
Believe it or not, when it comes to gifts, less is always more. It’s not about stuffing the stockings or filling up empty space under the tree. If you’re going to spoil your loved ones with presents this Christmas, consider opting for quality over quantity.
You’re better off buying one gift that they’ll get lots of use out of as opposed to lots of gifts that’ll wind up in the back of a wardrobe or worse, regifted! Better yet, go for a handmade gift, or simply give the gift of your time. These gifts mightn’t cost much, but they’re priceless.
3. One for you, none for me
Shopaholic’s beware! They’ll try to lure you in with flashy lights, Christmas carols and those hard to resist ‘two for one’ deals, but, trust us. The moment you fall into the ‘one for you, one for me’ trap, it’s a one-stop-shop to a Christmas shopping catastrophe.
Don’t let envy get the better of you. As tempting as it can be to treat yourself to some Christmas goodies, make a pact to only buy gifts for others this Christmas.
4. Do the Christmas shopping online
Not to sound like the Grinch, but, unless you want an instant headache, piece of advice: steer clear of shopping centres in December! We know, “the Christmas shopping isn’t going to do itself!” So, do yourself a favour and shop online!
That way you can avoid the mobs of angry mothers and flocks of frantic fathers that terrorise the stores every December on a rampage. Plus, by shopping online you can shop around and compare prices to find the best deal.
Bonus tip: Use apps like Honey to find discount codes and score some extra savings!
5. Start some new traditions
Since Christmas is all about family and traditions, why not start a new tradition? ...one that’ll help save you a few pennies!
Cut your Christmas shopping in half by organising a Secret Santa gift exchange with your extended family. That way you’ll only need to buy one present, instead of one per relative. Genius!
A very Merry Christmas from our Mozo family to yours! We can’t wait to kick off the new year together and help you tick off your financial goals. We’ll see you back here next year for your January 2020 Financial Checklist. But until then, head to our life & money hub for more money tips and trips.