𝓓𝓞'𝓼 𝓪𝓷𝓭 𝓓𝓞𝓝'𝓣𝓼 𝓯𝓸𝓻 𝓗𝓸𝓵𝓲𝓭𝓪𝔂 𝓢𝓱𝓸𝓹𝓹𝓲𝓷𝓰
Major retailers are gearing up for some of their biggest sales of the season ahead of the holidays. Whether your buying gifts for the entire family or splurging a little on yourself smart shopping habits can go a long way in helping your budget for the season and manage your bills.
𝓓𝓞’𝓢: 𝒰𝓈𝑒 𝒸𝒶𝓇𝒹𝓈 𝓉𝒽𝒶𝓉 𝑜𝒻𝒻𝑒𝓇 𝓇𝑒𝓌𝒶𝓇𝒹𝓈 You’ll get cash back, points and miles depending on the type of card you use. All of your holiday purchases can add up very quickly so you might as well maximize your rewards. You’ll have to make sure you are paying off your balance each month though. 𝒰𝓈𝑒 𝓎𝑜𝓊𝓇 𝒸𝒶𝓇𝒹𝓈 𝒶𝒸𝓉𝒾𝓋𝒾𝓉𝓎 𝒶𝓁𝑒𝓇𝓉𝓈 You can set up notifications to alert you of purchases made with your account. This can help you stay on track and avoid any fraudulent activity during the busy shopping season.
𝓓𝓞𝓝’𝓣𝓼: 𝒟𝑜𝓃’𝓉 𝓈𝒾𝑔𝓃 𝓊𝓅 𝒻𝑜𝓇 𝓂𝓊𝓁𝓉𝒾𝓅𝓁𝑒 𝓇𝑒𝓉𝒶𝒾𝓁 𝒸𝓇𝑒𝒹𝒾𝓉 𝒸𝒶𝓇𝒹𝓈 They may be enticing at check out when the clerk offers a 10-20 percent discount off your entire purchase, but oftentimes these cards can come with high-interest rates and your credit score can also be adversely affected by opening multiple accounts. 𝒟𝑜𝓃’𝓉 𝓂𝒶𝓍 𝑜𝓊𝓉 𝓎𝑜𝓊𝓇 𝒸𝒶𝓇𝒹𝓈 Avoid carrying high balances. Banks and lenders usually see maxed out cards as a signal showing that you are overspending. 𝒟𝑜𝓃’𝓉 𝓊𝓈𝑒 𝓂𝓊𝓁𝓉𝒾𝓅𝓁𝑒 𝒸𝒶𝓇𝒹𝓈 Spreading out all of your purchases can make juggling monthly payment harder to manage.
Use these smart shopping tips to help you keep from overspending and stay on budget for the season.