Recession 2023: How to stop Christmas burning a big hole in your wallet

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Recession 2023: How to stop Christmas burning a big hole in your wallet
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Here's how to stop the cost of Christmas from burning a big hole in your wallet

, a coaching platform for trading, investing and financial planning, suggested White Elephant, which turns gifting into a game that means each person only had to buy one gift.Push gift-giving back a few days

"You can find a lot of deals – stores have excess inventory from all those things that didn't sell before Christmas, so they're going to be marked down," Huddleston said.If you're committed to going all-out on festivities, you can at least try to make savings elsewhere. If you're travelling home for the holidays, Doerman said try to drive if possible, particularly as Christmas air fares areChen suggests traveling light to avoid extra baggage fees could help cut costs if you do have to fly.

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