Christmas being round the corner, you have to be prepared with your gifts for your friends and family. This means a lot of expenditure but with a little planning and making some wise choices, you could save an appreciable amount of money without compromising on the quality of gifts. Given below are some suggestions or ideas that can considerably cut down your budget but still could make Christmas special for you, your family, friends, neighbors and colleagues.

Suggestions to Save Money While Buying Christmas Gifts:

1. Save on the Gifts for Adults

A good way to cut down on the money spent in buying Christmas gifts is to leave out the adults and only consider the children for the Christmas gifts. That would certainly lower your budget considerably.

2. Rotate Recipients

Instead of giving gifts to everyone in the family, you could rotate the recipients of the gifts. You could give gifts to the adults and the children in the alternate years.

3. Idea of Homemade gifts

The idea of crafting homemade gifts is a great one to save money and yet give amazing customized gifts, which everyone would appreciate. For instance, like compiling CDs of favorite songs or a handmade photo frame and so on.

4. Think in Tiers

You can try a three tier gift giving system, Tier 1 is family and a budget is set for each member of the immediate family. Tier 2 is friends and in this category you could give a single family gift for your friends like movie tickets with free babysitting service and so on. Tier3 is co-workers and neighbors. For this category, you could prepare homemade delicious chocolate cookies in attractive handmade packages. The budget for each tier should be established and cash should be spent accordingly.

5. Focus on Experiences

To make the gifts memorable and cost-effective, you should focus on experience gifts, like planning a movie for all the children or purchasing tickets for a game. The experience gifts are always more special than the material ones bought from gift shops.

6. The Secret Santa Game

The Secret Santa game could be played to not only save your money on Christmas gifts but also to add suspense and fun to your Christmas party. Only the adults could be involved in the game. In this Secret Santa Game, one member is chosen per family and a good amount is allotted to buy a reasonably good gift for that person. Thus, instead of buying a multitude of small, inexpensive gifts for each person of the family, only one reasonably priced gift is bought for only one member of the family. This method would help you to save a lot on your Christmas expenditure.

7. Set Aside Cash

Planning for a year or couple of months ahead would help you to save quite a lot of money for your Christmas expenditure and you need not panic at the last moment for the colossal expenditures you have to incur, to buy gifts from the gift shops, for not only your immediate family members, but also relatives, extended family, friends, colleagues, neighbors and so on. You could start to save a little amount every month for about a year or so. In this way, you would not feel the burden of expenses.

8. Do without Material Gifts

Instead of exchanging expensive gifts with your immediate family members, forgo gifts altogether. Instead spend that money for an experience together like watching a movie.

Make your Christmas enjoyable and memorable with cherished moments and experience gifts, instead of material gifts purchased from gift shops.