As the holiday season approaches, many people are gearing up for the annual tradition of holiday shopping. According to the National Retail Federation, shoppers are expected to spend over $900 on holiday purchases this year. With gifts, food, and seasonal decorations on the shopping list, expenses can quickly add up. I spoke with shoppers as they navigated the crowded stores in search of the perfect gifts for their loved ones.
Lauren Bothe, a shopper outside TJ Maxx in Newport, shared her holiday shopping experience. “I was shopping for my mom, my niece, my nephew, and my brother,” she said. “I was getting them gifts for Christmas.” For many, funding holiday gifts for friends and family can be overwhelming, especially if their budget is already tight. Bothe mentioned the challenge of keeping track of spending and staying within budget.
To alleviate financial stress during the holiday season, some individuals are turning to side gigs for extra cash. Kimberly Palmer from NerdWallet suggested that working part-time at retail stores or as a delivery driver can provide a significant income boost. “There’s a lot of demand at retailers for workers who can come in and help with the holiday rush,” she said. “If you work 32 hours, earning around $16 an hour, that can get you to $500 which can help with all of those holiday expenses.”
In addition to traditional part-time jobs, there are creative ways to earn extra money during the holidays. Babysitting, selling items to second-hand stores like Plato’s Closet, and offering specialized skills like photography or baking services are all viable options. Palmer emphasized the importance of thinking outside the box and utilizing e-commerce platforms to connect with potential clients.
For those looking to save money instead of earning more, cutting back on unnecessary expenses can be just as effective. NerdWallet recommends exploring cost-saving measures to ensure that holiday spending stays within budget. By being mindful of where money is being spent, individuals can make informed decisions about their purchases.
Ultimately, the holiday season is a time of giving and celebration, but it doesn’t have to break the bank. By being proactive about earning extra income, saving money, and making thoughtful choices about holiday spending, shoppers can enjoy the season without financial stress. Remember, the true spirit of the holidays lies in the joy of giving, not the price tag attached to the gifts.
