The holiday season is finally here! Whether you’re looking forward to spending lavishly on your break or are about to go mad with your Christmas shopping, a budget is probably the last thing on your mind.
Would it surprise you to know that you can keep the luxuries you’ve been dreaming of without completely emptying your bank account? Even when it comes to sending your family back home that essential Christmas international money transfer, there are ways to cut costs without damaging quality.
Read our best 3 money saving tips, compiled and used by us, the Remitbee online money transfer team! Use them this Christmas but apply the techniques year-round to save you a ton of cash.
Plan and Budget
The great thing about Christmas is that it’s so plannable. Tree? Check. Lights? Check. Christmas dinner? Check. So, sit down and make a list of everything you’re going to need this Christmas, from the essentials to the luxuries.
Next, you need to assign each item on your list with a budget. This will stop you getting carried away with the Christmas spirit and impulse buying luxuries you don’t really need!
Pro Tip: if you just can’t resist impulse shopping at Christmas, set aside a small sum for unplanned luxuries. Even just $20 gives you the freedom to buy something that catches your eye that’s not on the list.
Obviously, you need to prioritize paying your rent or mortgage and all those bills before the holiday fun begins. Arrange your online remittance early if you’re worried you won’t be able to send your family money in time for Christmas when the shopping begins.
You also need to think about the gifts you buy. Trust us, one present that they’ll adore for a lifetime is way better than 100 cheap toys that “every kid must have”. They’ll have forgotten about those by the end of the next year.
Prioritize presents that are high quality, reasonably priced and will keep the recipient happy/occupied for longer. Cheap presents are more likely to break or be forgotten, costing you more in the long run when you need to buy a replacement. Luxury is the way forward!
Find the Right International Money Transfer Service
The last of our money saving tips are focused on giving – the Christmas spirit!
Sending money back home to your family, usually your parents, is as traditional as Christmas. However, if you stick to the traditional methods of sending money online, you’re not spending wisely.
Paying a small fee is going to work out much more cost effective than losing all your money because you chose an unreliable method of remittance. Safety is a luxury that you simply must budget for.
Did you know you can send over $500 for free with Remitbee online money transfer using the My Wallet payment option? Consider it our Christmas gift to all our hardworking customers. You’ve earned it.
Find out more about how Remitbee online money transfer can make money transfers simple and cheap this holiday season here.
And now there’s just time for one last money saving tip: think before you buy anything! Even if you have to spend 5 minutes dithering in the store, make sure you think through each purchase.