The Recesssionista Blog has announced its first annual “Top Ten Holiday Pick List for Budget Shopping.” The list is a guide for a cheap and cheerful holiday that combines luxury with economy.
The Recessionista’s Holiday Pick List
1. Use those gift cards from last Christmas—Studies have shown that retailers have profited from selling gift cards to consumers that are forgotten or tucked away in drawers. Now is the time to find those gift cards, credit card points, and frequent flyer miles and cash them in.
2. Accessories—Look for a beautiful scarf, chic earrings or a special pin from discounters (Marshalls, Loehmann’s or others). You’ll find name brands at deep discounts.
3. Vintage Vogue—Wonderful vintage items can be found at consignment stores or thrift shops in upscale neighborhoods.
4. Designer collections at discount retailers—The Target Thakoon collection launches just in time for Christmas. You should also check out Norma Kamali at Wal-Mart and Vera Wang at Kohl’s. Retailers are offering low budget designer items for a fraction of their high-end line costs.
5. Handbags for less—The new collection of Anya Hindmarch handbags at Target are beautiful replicas of her high-end line. Enjoy all of the savings and none of the guilt.
6. eBAY—There is nothing like a little online trading to stretch your holiday dollars. Take old Christmas presents and clothes you have never worn (some new with tags) out of the closet and put them on eBay. You can use the money from what is sold to buy new holiday gifts from eBay or other retailers.
7. Black Friday—Door buster specials, online sales (including Cyber Monday), and coupons available on Black Friday (the day after Thanksgiving) offer great bargains on electronics and kids toys. It’s worth getting up early to save several hundred dollars.
8. Online shopping clubs—Clubs like Ideeli, the Gilt Groupe and RuLaLa offer invitation only specials with discounts of 70 to 80 percent on fashions for men, women and children. Several special invitations to these clubs are available at The Recessionista Blog free of charge.
9. Gift a cheap and cheerful bottle of wine—Several great wines are available at steep discounts through BevMo (5 cent sale), WorldMarket, CHWine.com, Costco, and Wine.com.
10. Don’t forget simple pleasures—Take advantage of Kris Kringle type gift giving, holiday baking, and the many free tree lighting ceremonies all over the country. Remember, you can revive the tradition of sending holiday cards using e-mail to save on card costs and postage.