The most wonderful time of the year is upon us, the beloved holiday season. Consumers will be spending their hard earned money on holiday gifts, entertaining, food and decorations. However, according to the National Retail Federation, heading into the holiday season, it appears shoppers are being careful with their spending and constantly on the lookout for bargains. Sales have been lackluster, and the NRF predicts only a modest increase in sales over last year.
Black Friday, the day after Thanksgiving, has for years marked the unofficial start of the holiday shopping season. But Black Friday continues to diminish in importance for shoppers as major retailers have begun offering deals online right after Halloween in order to get the jump on one another and drive more holiday sales overall. People are also choosing to shop on their mobile devices at their own leisure.
Image courtesy of ThePennyHoarder.com
It’s no secret that the real way to conquer holiday spending without feeling the financial sting well into the new year is by staying on budget.Kyle Taylor, the founder of ThePennyHoarder.com has lots of ideas and smart answers for those who want to get the most bang out of their buck while stretching the dollar too!
– How you can manage holiday spending and stay within a budget
– Taking advantage of “cash back” credit cards
– How to save money on gifting essentials like wrapping paper + greeting cards
Kyle and his family like to joke that his entrepreneurial spirit began when he was 8 years old. His dad worked for a large credit card processor so there were always old terminals and cash registers lying around the house. Instead of playing with “Power Rangers” like the rest of his friends, Kyle used playtime to try and convince family members to invest in his conglomerate of make-believe banks and equity markets that he was running in the living room. When he was 15 Taylor started clipping coupons to help his mom pay the grocery bill. He joined a few coupon trading groups and started vigorously looking for new ways to cut costs. The grocery bill quickly fell until it was under $20 a week. Since then he has used non-traditional methods of saving and earning money to help pay for rising tuition bills, car payments and rent, all the while never having to answer to a boss. After much encouragement from friends and family, he decided to start blogging about his wacky and weird ideas for making, earning and saving money. That’s when the “The Penny Hoarder” website was created.
Follow Kyle Taylor and ThePennyHoarder.com on these social channels:
Facebook: https://www.facebook.com/thepennyhoarder
Twitter: https://twitter.com/thepennyhoarder
Instagram: https://www.instagram.com/thepennyhoarder/
Pinterest: https://www.pinterest.com/thepennyhoarder
Thanks to Kyle Taylor for great tips and tricks on how to manage a less financially painful holiday season! It’s not only possible, it’s definitely do-able!!
Stevie Wilson,
LA-Story.com
DEALS and STEALS
I am required to tell you that I am an “affiliate” with these brands. I curate deals that offer bonuses, bargains and great products –and some are very specifically for this site to feature to YOU!
The amount I make has yet to be determined that despite people going to visit the links (and it’s in the thousands every month), I have yet to have anyone buy anything from them.
FREE 2-day shipping on all your orders. No minimum purchase required. Enroll now.
Receive a free Fall Fragrance Sample Bag with any $25 purchase. While supplies last, use code: FALLFAVES
Subscribe to RSS headline updates from:
Powered by FeedBurner
If you are going to feature content from LA-Story.com including images, podcasts or videos including the accompanying text, please respect copyright provisions. We require a notation of content origination (meaning credit tag), a linkback to the specific page & please email the link to stevie@la-story.com before the piece goes live.
Smart!!! Not everyone will undertake a big financial overhaul, like Suze Orman has in mind…but small steps make a big difference, and may reverse the course of financial instability.