3 MinsDecember 17, 2019
Diwali has just ended and Christmas and New Year’s Eve are around the corner. This means parties, Xmas trees and of course, gifts! Often, buying presents is a big deal for many people. How much money do we spend? Do we need to buy gifts
for everyone? What's a good budget for this?
Here are some smart tips to take care of your Christmas Shopping :
Shop during sales-
E-commerce sites and shopping malls have an end-of-season/winter sale. It’s the perfect time to pick up some Christmas presents at reasonable prices. Keep a watch for these.
Use Gift cards liberally
If you want to gift presents to close friends and family but don’t want to burn a hole in your pocket, go the gift card route. It is also a good idea if you are not sure about what to gift. E-commerce sites and retail stores have a bunch
of different gift cards of different denominations. You can choose whichever one fits your budget. You could also buy a pre-paid gift card from Axis Bank that can be used
across a range of retailers and e-commerce websites.
Use credit card points
The end of the year is the perfect occasion to cash in on all those credit points that you keep racking up but never use. Whether it is getting discounts on your gifts or discounts on flight tickets that you can use to fly down your family, credit
card points make for a lifesaver during this time.
[Also Read: Give A Thoughtful Gift To Your Loved Ones This Festive Season]
Gift an experience
There are a lot of websites and apps that offer discounted experiences. For example, if you know that a family likes eating out you can gift them a four-course meal at a fancy restaurant. If they are big on outdoor activities, you can opt for
a whitewater rafting trip or a trek. Generally, these experiences are a lot cheaper than buying individual gifts. Plus, possessions can be misplaced or broken but experiences always evoke fond memories. So gift an experience and help make
Buy out-of-season clothes
This is a smart trick, especially in a country like India. Our winters don’t last very long and summer is the default season in a lot of parts of the country. Buying summer clothes in winter is smart because companies want to get rid of
this stock and you can end up with some very good bargains.
Buy in bulk
A lot of stores have discounts and offers when you buy more numbers of the same item. Make use of the 'buy three, get one free' kind of offers. Use the free bags you get while shopping to pack the gifts. Use other free merchandise to fill up the
goodies bag, along with your main gift.
The best way to pay for these gifts is by using your Axis Bank Credit Card which comes with a whole range of attractive offers this festive season.
Disclaimer: This article has been authored by The Source, a Mumbai-based content creation, and curation firm. Axis Bank does not influence the views of the author in any way. Axis Bank and The Source shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information. Please consult your financial advisor before making any financial decision.