Are you looking for ways to reduce spending during the holidays?
The Better Business Bureau is offering tips on how consumers can cut down on spending and reduce household costs in their everyday lives without dampening holiday fun.
With the economy declining, many Americans are planning to cut back on various seasonal expenses this year.
“Given the daily roller-coaster effect taking place in the U.S. stock market, and with credit card companies lowering maximum credit lines and raising interest rates, the economic future for many households is uncertain heading into the holidays,” said Steve Cox, bureau spokesperson.
“With the sobering effect of the economy looming over this holiday season consumers are going to have to be creative with their dollar and be more conscious of their spending in order to avoid a holiday hangover,” Cox added.
Following are six ways the bureau is advising consumers to save money this holiday season:
- Create a budget and stick to it.
- Trim the gift-giving list.
- Do it yourself.
- Forego the little things.
- Be a savvy consumer.
- Trim energy consumption.
