$923.36. How will you stack up?

That’s right. $923.36. What does that figure represent? According to an article recently posted on CNNMoney.com, it is the average amount that Americans are expected to spend on gifts this holiday season. This figure was reported in the results of the National Retail Federation’s 2007 Holiday Consumer Intentions and Actions Survey. Do you think you’ll spend that much?

Just a few weeks shy of the official kickoff, headlines over the past month indicate that retailers like Wal-Mart, L.L. Bean, and Toys”R”Us have already started offering subtle deals to lure customers in. Just as I did last month, I’d advise you again not to wait until the holiday ads are circulating to begin your shopping. As a matter of fact, we all know that most major department and chain stores offer discounts around federal holidays. The next holiday, Veteran’s Day-observed on November 12th, is an opportune time to catch a deal.

Not a lover of crowds, as I recommended in my last column, I got started last month. While I only have one person, my three year old son out of the way, with about $150 spent, I can still guarantee that I won’t hit the $900 mark.
How can you keep yourself from hitting this mark? Take advantage of friends and family sales. Many retailers offer 20 percent off of regular and sale purchases to loyal customers via mail or e-mail once a year. As a matter of fact, I just scored the Fisher Price Smart Cycle for just $79.99 plus tax from Toys “R”Us after using a Friends and Family Coupon for 20 percent off last week.

There are many ways to limit your expenditures this holiday season. In times of economic uncertainty amid growing defaults and turmoil in the housing industry, don’t just give your money away. Keep your eyes open and your purse close in search of great deals on fab finds this holiday season. Aim to spend less than $923.36.
If I still haven’t convinced you to get started before Black Friday because you just can’t live without the rush of the crowd, Bfads.net has recently added 2007 ads from Sears and Harbor Freight. Be smart, plan ahead.

More Family Finance:

http://extension.usu.edu/utah/htm/family-finance

http://extension.oregonstate.edu/fch/healthy-families/family-finances

http://www.usa.gov/Citizen/Topics/Money/Personal-Finance.shtml

Michelle Sharrow

Michelle Sharrow

Michelle P. Sharrow, MBA author and editor of Family Finance, is based in Waldorf, Maryland, she holds a Masters Degree with a concentration in Finance. Michelle provides a monthly column on ways to help families maintain their finances and stick to a budget titled, Budgeting and Savings for Families.
Michelle Sharrow
https://imgsub.familiesonlinemagazine.com/uploads/2017/11/retro-gifts-1847088_1280-1024x683.jpghttps://imgsub.familiesonlinemagazine.com/uploads/2017/11/retro-gifts-1847088_1280-150x150.jpgMichelle SharrowFamily Finance$923.36. How will you stack up? By Michelle P. Sharrow, MBAThat's right. $923.36. What does that figure represent? According to an article recently posted on CNNMoney.com, it is the average amount that Americans are expected to spend on...Parenting Advice| Family Fun Activities for Kids