10 Ways To Save Money This Christmas

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In the U.S. alone, Americans spend almost $700 billion at retail stores during the holiday season.

There’s so much pressure to spend on the holiday season, but it doesn’t have to be that way. You can be more intentional with your holiday spending and make your money go further. There are so many ways to save to make things less stressful. You can do this!

Here are ten helpful tips and strategies to use to save money this Christmas season.

Before we get started, make sure to sign up for my free resource library and get access to exclusive printables all about saving money and building wealth, meal planning, and more.

1. Get cash back with Ibotta

Ibotta is a free app that gives you cash back for making purchases on things like groceries, clothes, toiletries, and much more.

If you sign up now, you can get $10 in your account by using my link here.

If you’re downloading Ibotta on your phone, the app will ask if you have a referral code. Use my referral code: lwyxxrb and you’ll get $10 for signing up.

Here’s a screenshot of my Ibotta dashboard. So easy to use and it’s actually pretty fun to see what deals there are every time I go shopping.  

2. Lower your bills and save money today with Billshark (I saved $290)

Billshark is a MUST for anyone who has a cell phone, cable, internet, or insurance bill and wants to lower their bill.

And trust me, it works because I’ve used it myself on 3 different bills and I’ve saved $290.

Here’s how Billshark works:

  1. Send copies of your bills to Billshark. (I did this by uploading an online PDF of each bill).
  2. Billshark negotiates all of the bills you send in.
  3. You get notified if Billshark was successful. If they are, they take 40% of the savings. Ex. Billshark saved me $290 over the course of 6 months, so I pay them $116. I can do this in a monthly payment plan or all at once.

It’s definitely worth the savings and it was such an easy process. 

You can start lowering your bills with Billshark here.

3. Move your money into a high-yield savings account

Are you still using a bank that is offering a 0.03% savings rate? Yep, that’s what my previous bank offers for savings rates, but CIT Bank is different. 

CIT Bank currently offers a high-interest earning of up to 1.70%. 

Applying only takes a few minutes. You can start saving with CIT Bank here.

If you have an emergency fund, why let it sit in a bank account offering 0.03%? My emergency fund is sitting in a high yield savings account and making me money every month.

If you’re not sure what your bank accounts savings rate is, contact your bank and ask. It’s worth it. 

4. Find ways to make additional cash.

Making or saving an extra $50 can help buy a couple of of gifts or even more than that if you find good deals.

Here are some other articles that can teach you to save more money each month of the year.

5. Take advantage of Pinterest.

Pinterest has thousands of DIY projects to choose from for the holiday season.

All you have to do is type in “DIY” in the search bar, and a bunch of different projects will come up.

Type in “DIY gifts” and you’ll get projects that are geared toward your specific needs. Pinterest is addicting, warning you now. =)

6. Surveys

Filling out surveys to make money is an easy way to make money by simply providing your opinion to questions.

I genuinely enjoy surveys because I love sharing my opinion on things. I’ve always been into taking quizzes and surveys, so naturally, I love this method of making some extra cash.

Here are a few of my favorite surveys:

7. Get cash back on online shopping. 

Ebates will give you cash back on online shopping you do. Who doesn’t like cash back?


  1. Shop through Ebates at your favorite stores
  2. Earn cashback on purchases
  3. Receive money back

Create an Ebates account here. Make an online purchase of $25 and get $10 as a welcome bonus! So easy.

Ebates even has a free browser extension that automatically applies the best coupons to your purchases and activates cash back. There are so many times I forget to use Ebates when I’m online shopping – so the Ebates button reminds me every time I go online shopping. It’s a must. 

P.S. Sign up below for the FREE ultimate financial planner that includes printables like: debt tracker, income tracker, annual budget summary, savings challenges, financial goals, and debt thermometers!

8. Overpaying for cell phone service

Fox business recently shared an article that said the average person spends about $57,600 over 60 years for their cell phone plan. That number doesn’t include buying new cell phones, extra equipment, etc.

I tested out a Tello Mobile phone that cost me $19 per month

Slash your cell phone bill in half by switching to Tello. Tello plans start at $5 and the highest plan being $39. You can cancel or upgrade your phone plan any time you want and keep your existing number. I only need the $19/month Tello plan which gives unlimited text and calling, with 4GB of data. 

9. Always check online discount apps such as RetailMeNot.com.

Before stopping at the mall or any store, download the RetailMeNot app on your phone and type in the store you are visiting in the search bar.

A few different coupon codes should pop up, giving you different options to save money.

There’s almost always a coupon code for a store, so make it a duty to check the app before entering the story.

So many stores given student discounts, so be sure to ask the store if they give discounts before purchasing anything.

Lots of restaurants give out student discounts, which is awesome for any broke college student (which is most of us, I think!).

10. Avoid the Buy One Get One Half Off Deal.

So often we think that buying a second item is saving us money.

What it’s doing is making us purchase more “things’ and give more gifts than are necessary.

This deal is only good if you’re honestly going to give the two gifts to 2 separate people.

You might even find a better deal by ditching the BOGO half off deal by going to a discount store and finding an item for 50% off.

Instead of paying full price for clothing, check out ThredUp, an online thrift store with thousands of items, both used and brand new for a fraction of the price!

➡️ What to read next: 30 Ways To Cut Your Spending And Save Thousands Per Year

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What are you doing to save money this holiday season?

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