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Money Saving Tips with Secret Santa

By: kjmena

By now you know that the holiday season is often hard for frugal spenders. It is the one time of the year where you are seemingly contractually obligated to be generous. This obligation can seem daunting for those who are already dealing with a heap of money troubles approaching the holidays.

Worrying Over Christmas Gifts

There is a major cause for concern, especially if you have a plethora of friends and family on your Christmas list. It’s an awkward situation for most, there’s no doubt about it. On the one hand, you want nothing more than to be generous and purchase the perfect gifts for your loved ones. On the other hand, there is a part of you that remembers what kind of spending habits put you in the tight financial situation you currently find yourself in. We don’t want to make ourselves sound like the Grinch, but the fact of the matter is, you are in no position to be acting as a one-person salvation army. When you finally come to terms with the fact that you are in fact not Daddy Warbucks, you may be ready to listen to a solution we have for you this holiday season that will serve its purpose well.

Secret Santa is the key

Many groups of friends take part in gift-giving this time of year as a way to show their appreciation for each other. For the record, we think this is a great tradition, and we have zero problems with those who choose to take part in it. Gift exchanging can be a fantastic experience for a group of friends. However, there is a way to exchange gifts without emptying your bank account and maxing out those credit cards. The concept of Secret Santa isn’t the most original idea anyone has ever had, but it is one that can be easily utilized. Coming together as a group and drawing a name from a hat seems easy enough, right?

Save money by buying for one special person

This simple method of gift giving serves a couple of purposes. It has the makings of a traditional gift exchange between friends, with the added measure of mystery attached to it. By selecting one person to purchase one gift for, you do yourself a massive favor. Not only do you save time by not worrying about an extended list of 5-6 people to shop for, you also save a ton of money. This also obviously benefits the friends within your group as well. It all comes down to whether or not your particular group of friends can tolerate receiving only one gift. Depending on who your friends are, and their financial status, we’re willing to bet they would be open to the concept. Not many people enjoy the sight of packed malls, and descending bank account balances. If your friends do, then you have a problem. However, friends should also be sensitive to another friend’s financial troubles. If they were true friends, they would not try to make a friend feel guilty for being unable to spend money on a gift for an entire group of people. That is certainly not in spirit of Christmas, or any holiday.

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