How to Budget Your Holiday Spending During the Pandemic

Even though the pandemic still rages on, the Filipino spirit will not allow for the holidays to be put aside. The tradition of gift-giving and celebrating the holidays will always be part of Philippine culture, as the Filipino, no matter the circumstance will always find a way to bring smiles to their families every Christmas season.

However, the pandemic is a one-of-a-kind situation and most are hit hard financially and even socially. Unfortunately, some were laid off due to the reduction in the workforce for many companies, making funds harder to manage because of less to no income.

As the “new normal” push through, adapting to the new circumstances that the world is facing now is also important. However, celebrating the holidays is still possible, with the help of these budgeting tips!

Create a list of what you need to buy

The list is always essential to have when trying to budget your money during your holiday spree. Making a list of what you need to buy could help you focus on them first before purchasing unnecessary things.

You can list the groceries you need for your Noche Buena or Media Noche.

Reduce the budget for gifts

Reducing the budget for gifts can help you budget your finances for the Holidays. Finding a more affordable gift for someone can be practical.

There are a lot of holiday sales going on in stores that you can take advantage of.

Browse retailers and compare their prices

Before purchasing your gifts or other things, you might consider browsing other retailers so you could compare their prices. Finding budget-friendly prices can help you spend less.

Have a simple Noche Buena and Media Noche

It is alright to celebrate Christmas and New Year’s Eve with a simple dinner with your family. With the difficulties we faced this year, it is nice to wrap up the year with a simple yet meaningful dinner with the ones close to your heart.

Hope these simple tips help you spend less during your holiday shopping.

Even though the pandemic has posed many difficulties for us but always remember to keep your holiday spirit high.

We greet you and your family Merry Christmas and a happy new year. (ASC)