Christmas is drawing near, and the Spanish Consumers Union (UCE) in Castellón, led by spokesperson Juan Carlos Insa, offers practical tips to save money and avoid taking on excessive debt during the holiday season.
Go with a shopping list
The core recommendation is to write down the items that are truly needed or desired. Having a starting point makes it easier to resist impulse buys. From a budgeting standpoint, it helps to estimate how much can be spent in light of income, including any extra pay, so shoppers know their spending limit before they start. This approach keeps purchases aligned with real needs and available resources.
Take advantage of offers
After deciding what to buy, another smart tip is to keep an eye on deals across the market. At times, significant price differences appear depending on the product. By planning purchases around sale periods, buyers can time their buys to maximize savings. A price drop in one store does not automatically translate to the best deal everywhere, so it pays to compare prices across different retailers and avoid last-minute shopping crowds that can push you toward overspending. A calm, deliberate approach often yields better overall value.
Use a bank card wisely
Credit cards should be used with restraint and ideally as a backup rather than a primary method of payment. Debit cards are preferable because they let consumers monitor their balance in real time, helping to prevent debt from piling up. Quick loans and revolving credit, when possible, should be avoided due to higher interest rates and the risk of spiraling debt.
Avoid private vehicles for shopping
Though convenient, shopping by private car can lead to hasty purchases driven by convenience. The Consumers Union encourages walking or using public transit. This choice supports healthier living, reduces traffic and pollution, and fosters more deliberate shopping, which in turn helps control spending and curb impulse buys.
Environmental responsibility
While gifts are central to Christmas, it is important to remember that spending more does not equate to greater happiness. A small, thoughtful detail can brighten a loved one’s day just as effectively. The season also invites reflection on waste and excess. Efforts should focus on buying goods that are energy efficient and environmentally friendly, such as responsibly sourced gifts, durable toys, and minimal packaging, to limit energetic consumption and waste. This mindful approach aligns with broader community well-being and sustainable holiday practices.
Main recommendations
- – Prepare the prior budget.
- – Don’t be swayed solely by advertisements when making purchases.
- – Compare prices across different stores and seize favorable offers.
- – Avoid waiting for the last moment to shop.
- – Limit credit card use or options that defer payment, as they can delay debt and increase interest.
- – Choose public transport when possible.
- – Be mindful of waste and consider others in the process.