Daniella’s Finance Journey outlines the financial experiences that CGS member @daniellacoin is going through as she works with the CGS Financial Consultant to get on financial track. Daniella has graciously offered to share her journey to help inspire and motivate others to take control of their financial lives!
Holiday shopping is among us and I am not a stranger to holiday shopping. I know this week is going to be busy for a lot of you so I have some tips to help you all get the most out of your holiday shopping. I am really good at this and you should trust me since I’m everyone’s best friend.
1) Make a list of what you actually need to buy. This year I have few beauty brands I want to try, but before I could think about that I have a few things I need. I am travelling more because I live away from my family and I am starting to travel for work as well. I need quality luggage. I need to buy a new bag for work. Criteria: One that can hold my laptop and maybe even gym clothes and is public transport friendly because I take the train to work. Those are the most pressing and the rest can be gotten whenever. This is going to help me figure out what stores I need to look at and what the sales will be.
2) Buy holiday sets. I am a huge fan of beauty products but I can no longer keep up with my shopping the way I used to. I have my fair share of “YouTube made me buy it” purchases and if we are honest some of them are hit-or-miss. Now I focus my money on what products I still want after a least 2 months. (I also check to see if the beauty blogger is still using that product that they just loooovee soooo muchhh! And they genuinely mean that guys! #spon) Once I notice continued usage I lay low until the holidays. This year I got the GLAMGLOW face mask holiday set. I paid for three masks what I would have paid for one earlier in the year. You get so much more for your money.
3) Give yourself a budget. This should be a no brainer but in case it needs repeating figure out what you actually need and how much you can spend. Going in blind for holiday shopping will have you thinking pink skis were a steal when you live in Miami, Florida. This is a time where splurging is not necessary, but it is customary. Start picking all the things you actually want to get. Put them in the cart and add it up. I have over $1,000 worth of wants in various stuff The object of the holiday shopping splurge is to give yourself the opportunity to buy better quality of things you need for a price that may not have been available throughout the year.
This is really straight forward and easy. Budgeting is not about deprivation; it is about organized spending. I hope you all are ready for the holidays and are ready for family and friends and all the things that make you happy.
Comment below: What is on your holiday shopping list?
Daniella is a 25 year old working millennial living in Dallas, TX. Daniella is originally from New York and has moved to Dallas to start a life of adulthood on her own. She currently works as an administrative assistant and has a passion for make-up! Feel free to leave a comment with any thoughts or questions for Daniella.