The Importance of Early Holiday Shopping and Budgeting Strategies

As the holiday season approaches, consumers are advised to start their shopping early to save money and avoid overspending. Over half of holiday shoppers expect to feel financially burdened this year, so it's important to set a budget and stick to it. For overspenders, cutting the budget by at least 20 percent is recommended. Bargain hunters should be cautious of sales that may not actually save them money. Last-minute shoppers are prone to overspending, so setting a deadline to complete shopping is advised. Starting holiday shopping early can help reduce stress and promote mindful spending.