How to buy Christmas gifts without getting into debt?

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As the end of the year approaches, it becomes increasingly difficult to save money. After all, Christmas dinner, gifts and trips can put a dent in a family's budget. Since it's impossible not to give gifts at this time of year, the important thing is to control your spending. 

So, see below some strategies to avoid spending more than you should and see how to earn extra income at Christmas. 

See more: Meet Nubank's PJ card

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Tips for saving on Christmas gifts 

See the best tips for saving on gifts: 

Financial planning 

The first step to not spending too much is to establish a solid plan. Therefore, create a realistic budget that is in line with your financial situation. 

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One of the main challenges in financial management is controlling expenses, especially at this time of year. So, evaluate and prioritize expenses, identifying those that can be reduced or eliminated.

Research before you buy

It is very important to research the best stores before purchasing, so you can check which one offers the best price. 

Buy in advance 

Buying in advance can prevent you from spending too much, as the closer to Christmas, the higher the prices of products. 

How to make extra income at Christmas? 

See below the best options to sell at Christmas: 

Christmas Crafts

As in end of the year Everyone decorates their home to welcome family, selling crafts is a good option. So, invest in flower vases, candlesticks, candles or even personalized cards. 

Typical Foods

This is a very popular option, so if you like cooking, selling traditional foods can be an excellent way to earn extra income. Here are some food options:

  • Panettone;
  • Christmas cookies;
  • Decorated cakes;
  • Gingerbread. 

Christmas dinner

Since many people prefer not to cook on Christmas Day to avoid work on the night of the party, selling Christmas dinner options is great and can bring in a good amount of money. 

Image: Pexels/ Brett Sayles