12 Money Saving Tips for Christmas You Can’t Afford To Miss

Looking to keep the budget down for Christmas this year? Here are 12 Money Saving Tips for Christmas:

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make your own wrapping paper#1. Save on Wrapping Paper

Reuse last year’s paper if you have saved some or be creative with cheaper materials to wrap presents in.

Tip for this year’s Christmas: keep the best of the wrapping paper and put it aside with your Christmas decorations to reuse next year.

“I use brown paper and cheap red ribbon for a rustic look” Tara G

#2. Make Christmas Decorations

“We have fun making decorations from Cheerios and Popcorn for the Christmas tree, fun for the kids to do”, Denise C

#3. Have Fun with HomeMade Gifts

It’s fun to make gifts for people, the kids will enjoy helping and they are more personal than bought gifts too. Last year my daughter and I made stuffed owls and birds for her cousins from a pattern I had found online. I sewed and she stuffed and we had a great time together.

“Paint and decoupage some tiles to make beautiful coasters.” Perfecthousewife

Great Ideas for Christmas Gifts to Make

#4. Reuse or Make Gift Bags

Save all the gift bags from this year’s Christmas and put aside with your decorations for reusing next year.

“Make gift bags out of cereal boxes, cover with paper and add ribbon handles by punching holes in the box.” Perfecthousewife

10 Tips for a Greener Christmas

lemon bars#5. Make Delicious Presents

Everyone loves goodies at Christmas time so get baking with the kids, it’s a fun activity and you can make some lovely foodie presents for people.

“We bake presents eg sweets, biscuits and cakes.” Audrey G

4 Fun Recipes for Food Gifts

#6. Reduce Your Gift List

Kris Kringle or Secret Santa or Kids Only are good options for keeping the budget down especially if you have a large extended family or group of friends to buy for. Agree a price limit for each present to help keep the cost down too.

#7. Use Up Vouchers

If you have loyalty vouchers from supermarkets and other shops plan to use them for Christmas shopping. Or check and see if you have any gift vouchers that haven’t been used from last Christmas. Many people forget to use them during the year and often they have a time limit too.

#8. Make Homemade Cards and Gift Tags

You can pick up cheap construction paper or light cardboard and glitter for less than some packs of Christmas Cards. The kids will have fun and the cards will be more personal as well.

Or save last year’s cards and cut out the fun parts to stick to new cards for next year’s cards or make gift tags out of the old cards.

Easy Christmas Gift Tags To Make

#9. Don’t Focus Only on Christmas Day

You can pick up some great bargains in the sales after Christmas Day, so if you have a big purchase in mind for a gift for a loved one, why not make a nice voucher to give them in their card promising to take them shopping in the sales and they can choose what they want too.

#10. Use Outlets or Discount Stores

Outlet malls or villages and discount chains like TK Maxx carry the brands but at lower prices. TK Maxx also has food items and kitchen goodies which can make nice presents as well as the clothes and handbags.

#11. Avoid Impulse Buying when Food Shopping

It’s easy to get sucked into buying extras when doing your Christmas Food shopping, especially when you’re rushing and have a lot to get through.

“Make a food shopping list and stick to your list.” Tracey C

Reep Rewards#12. Earn Rewards from REEP

The Reep Rewards app offers FREE cash when you buy brands you love no matter where you shop. Simply download the free REEP Rewards shopping app on on iOS or Android and if you use promotional code MKT15 when you register for this FREE service, your account will automatically be credited with an extra €2.00!

You might also like reading 30 Easy Household Tips to Save Money

Do you have any more money saving tips for Christmas? Share them with us in the comments below.

money saving tips for christmas


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Jill is one of the co-founders of Mykidstime and a mum of 2 girls