8 Ways to Find Money for Christmas Present

Let’s be honest here; it’s not like the holidays come by surprise. Yet every year, we scramble to get the money together to buy gifts. Or worse, we completely blow the budget we spent all year working so hard to maintain and find ourselves in credit card debt.

So if you find yourself ready to start your holiday shopping, but don't have a holiday saving account funded, we've got you. Here are some ways to find money in your regular monthly spending to reallocate to holiday gifts.

8 Ways to Save Money for Christmas

You see, these pop up at the start of the year, but you can jump in at any time. One idea is to work backward, depositing $52 at the beginning of the year and lowering it by $1 per week. It totals more than $1300! While you can start doing this next month for next year's shopping the concept can still help you this Christmas.

1. Try a Savings Challenge

A lot of us already have our budgets stretched as far as possible. It’s not that Christmas comes by surprise for many people each year, but that they didn’t have the extra money to set aside to save for it. If that sounds like you, don’t let Christmas put yours further behind. Instead, make more money!

2. Get a Second Job

If you have any marketable skills, a side hustle is a great alternative to getting a second job, and you’ll have more control over your time. This could be anything from casual babysitting, yard work, house cleaning, or knocking on your neighbors’ doors with a shovel during a snowstorm.

3. Start a Side Hustle