Help is on the way! Let us show you how to save money on holiday shopping and feel more in control of your expenses. We tapped experts in finance and shopping for their best tips to save money during the holidays so you can gift yourself a little less stress.
Prep Before Shopping
Sort promo emails like a pro. Email subscribers often score exclusive deals, but no one wants to crawl through a flooded inbox. Create an email account solely for these promos, then add filters for specific gifts. For example: If you want a deal on a new PlayStation, create a filter for the words “PlayStation 5” and “PS5” so emails with those terms get automatically forwarded to your regular inbox. —Anna Barker, personal finance expert and founder of LogicalDollar Track your spending easily. If you have an iPhone and iPad, use the Santa’s Bag app (free; iOS) to store all your shopping lists in one place. Add everyone to your holiday list (via contacts or manually), then save links to the gifts they want. The app keeps a running tab of what you’ve spent as well as your budget, showing you how much you have left. —Kimberly Palmer, personal finance expert at NerdWallet Budget with gift cards. Set a budget and purchase gift cards for that amount. When the balance hits zero, it’s time to stop spending. —Colleen McCreary, chief people officer at Credit Karma Shop on Green Monday. That’s when many retailers slash prices to sell off holiday inventory. It falls on the second Monday of December each year. (It’s also called Cyber Monday 2.0.) You’ll often see discounts of 25 to 50 percent, and it’s one of the last days you can choose free standard shipping and get the items before Christmas. —Shannon Vissers, shopping analyst at Merchant Maverick Time your purchases. Electronics are typically cheaper on Black Friday, while clothing tends to be more inexpensive on Cyber Monday. Fitness gear, activewear, and bedding are less expensive in January—so if someone on your list wants any of those, get them a gift card for the current retail price. That way, if they buy the item when it’s discounted, they’ll have some money left over. —Julie Ramhold, consumer analyst at DealNews Use store apps. Download the store’s app before you shop. I’ve seen app-exclusive deals of 50 percent off or more. You can expect deals on Black Friday and Cyber Monday, but also check the apps on weekdays, when many stores offer app-exclusive flash sales. —Kristen Gall, president and shopping expert at Rakuten
Save on Electronics
Opt for last-gen tech. You don’t have to splurge for the newest model. Phones, tablets, and laptops one or two generations old can be at least $100 cheaper. Many have most of the same features as new models, and if the item works on the same operating system, you’ll usually be able to get some of the new upgrades. —Julie Ramhold
Think Outside the (Gift) Box
Hack your subscription box. I take unused items from my subscription boxes and create gift bundles. My niece and cousin love getting beauty bags from me, and I feel better that I didn’t waste nail polish or lipstick. —Lauren Anastasio, certified financial planner at SoFi Check credit card perks. American Express Platinum cardholders can donate points to a charitable organization on behalf of a loved one. (You can choose from more than 950,000 U.S. nonprofits.) If you have a hotel-branded credit card, it may come with a certificate for a free night. Or you might be sitting on a stash of points you can give someone for a hotel stay or a flight. —Benét Wilson, former senior editor at the Points Guy
Cut Costs Without Coupons
Use a private browser. It keeps your data hidden so that retailers don’t change prices. A standard browser records searches and online activity through cookies, which are then shared with website hosts. Based on previous purchases and what you’ve been willing to pay for specific items, retailers may manipulate prices to maximize profits. —Andrea Woroch, family budgeting expert at andreaworoch.com Scroll social media. Influencers and brand ambassadors often share discount codes around the holidays, and you don’t even have to follow each one. If you visit their pages, they’ll likely be sharing these posts. —Fo Alexander, certified financial educator and founder of mamaandmoney.com Find look-alikes. Type “dupe” behind the product name you’re searching for online, and you may score a bargain knockoff. I’ve found designer bag dupes for $50 (versus the retail price of nearly $4,000!) and look-alike boots for around $60. —Trina Small, founder of the lifestyle blog Hey Trina Just ask. I’ve gotten 20 percent off designer boots simply by asking the sales associate. I also got free shipping from a home goods store by calling customer service and 20 percent off office supplies by using the live chat. —Andrea Woroch Price-match the smart way. I use browser extensions like Popcart. As you browse, it alerts you if there’s a better price elsewhere. Google Shopping also offers extensive price comparisons and can send you a price drop alert. For brick-and-mortar stores, I like the Capital One Shopping app (free; iOS and Android). It searches retailers like Walmart, Target, and Costco for the best deals. Pull up those apps in the store, and they may be willing to price-match. —Trae Bodge, shopping expert at truetrae.com
Ship Without Stress
Tap cards for free shipping. Some American Express, Mastercard, and Chase cards come with a complimentary ShopRunner membership, which offers free two-day shipping and free return shipping at more than 100 online retailers. —Brittney Castro Know when to mail it. Generally, USPS’ Priority Mail packages arrive fastest (in one to three days) and are a better value for gifts up to 70 pounds. For larger, UPS is usually preferable. I’d also use them for more valuable items because I’ve had a better experience with their tracking system. To get the lowest ground price, you generally want to send packages by December 15. —Shannon Vissers Choose curbside. Save on shipping fees at checkout by using the “pick up in store” option. You might even land extra discounts by going this route. Some shoppers who picked up items have received an additional 10 to 15 percent off at certain department stores, and some stores have even offered gift cards. —Trae Bodge
