7 Ways to Save Money and Stress Less this Christmas


The expectations around Christmas can be overwhelming. From feeling pressured to find the perfect gifts to fighting the desire to have the best looking house on the block, the financial (and emotional) costs of trying to create the ultimate Christmas experience can get out of hand, real quick.

In general, practicing mindfulness– being present and aware of your situation– and sticking to your budget is key when trying to save money and stress less, but it’s even more important (and even harder to do) around the holidays. To help, consider these friendly mental reminders to help you to relax, release those self-imposed expectations, and save some money this Christmas!

Reminder #1 - Kids will be kids

Think back to when you were a kid. Do you remember all of the gifts that you received from your family members? Exactly.

Combine the attention span of a child with the lifespan of a Tonka truck and you’ll be lucky if your gift makes it through the new year! Opt for the $20 toy instead of the $40 one. They’ll love it regardless.


Reminder #2 - Good is good enough

There is no joy in giving or receiving a half-hearted holiday gift, but sometimes the pressure to find “the best gift ever!” can make holiday shopping feel more like a chore. So, don’t be so hard on yourself, or your wallet! Sometimes “good” really is good enough. After all, it really is the thought that counts.


Reminder #3 - You’re not Joanna Gaines

The temptation to have perfectly matching, holiday everything is real! But despite your best attempt, you are not Joanna Gaines (no offense) and you don’t have her budget. You can still turn your living room into a winter wonderland if your heart desires, but be realistic with your expectations. To keep costs down, take a note from the queen herself: blend some old with the new.


Reminder #4 - There’s nothing wrong with takeout

Hosting this year? Feel like you’re cheating your guests by ordering in Christmas dinner? Whether you choose to cook dinner yourself or order takeout, the price might be roughly the same. But, once you factor in the time, energy, traffic, etc… takeout starts to sound sweeter and sweeter. Plus, who doesn’t like takeout?!


Reminder #5 - You don’t need a new tacky Christmas sweater

Nothing quite like spending fifty bucks on a tacky sweater that you wear for a total of 6 hours. Do yourself a favor and save the money this year. Re-wear one from a previous year, borrow one from a friend, hit up Goodwill, or get crafty and make your own! It’s really all about getting in the Christmas spirit anyway.


Reminder #6 - Everyone is on a tight budget

Chances are, the majority of your friends and family are probably feeling just as emotionally and financially stressed as you are. Remember, there’s no shame is proposing a potluck Christmas dinner or a Secret Santa gift exchange. Don’t go broke trying to impress your loved ones, the smallest and simplest gestures can make the biggest impact.


Reminder #7 - The new year is right around the corner

The holiday season can feel like a free pass to splurge, on everything... food, presents, decorations, you name it. But it’s important to remember that the new year is right around the corner, and with the new year comes new goals and new expenses. We’re a bit biased, but one way to get a head start on your 2019 goals is to use the Peak app to set your savings goals. Don’t let the hype of the holiday season keep you from staying focused on what’s most important to you!


So, remember: you don’t have to spend a fortune to create the ultimate Christmas experience. Here’s to a very Merry Christmas, with less stress, more savings, and a lot more intention!