Take it Back and Save

December 8, 2014|By David Lester


Take it Back and Save

It’s holiday party time and if you enjoy entertaining as much as I do you’ll need to remember these entertaining strategies to keep your costs down.  The forgotten strategy is to take stuff back that you don’t need!  It is so easy to buy too many gifts, booze and decorations and then never use them.  Think of all of the money that you could have in your account or back on your card that is money that is sitting on a shelf or in a closet.  That money could be best used to pay down debt or gain interest.  So wrap up everything that you don’t need and take it back.  That’s what Santa would do!

1. Booze:  I love to have parties and I also love to save money so after I’ve had a party and I’ve bought too much booze, I’ll take it back. If you have the receipt take back any booze that you won’t use. It all adds up.  You can also trade too many reds for a white at the LCBO.  Be efficient and trade in too many of one booze for something you need at no cost!

2. Gifts:  Sometimes I go overboard and buy too many gifts for all of my loved ones.  I can’t decide between the adorable sweater and fuzzy slippers, so I buy both.  After you decide that the slimming fuzzy slippers are the way to go then we remember to take the other gifts back.  It’ll make room in your closet and on your credit card!

3. Decorations:  Too many holiday decorations are always a problem!  It’s easy to buy napkins, candles, decorations, and Santa hats!  Once you’ve decorated the tree, shelves, table and walls – see what is too much.  The worst thing about decorating is making the place look like Santa barfed all over your place.  See if it’s too much and take the rest back.  Look in your closet and see if you already have a Santa hat and take the new one back.  Be good to your money and it’ll give you lots of money prezzies back!

Everyone needs a stocking stuffer! For more strategies buy my book Here! 


David Lester
About David Lester

David Lester is a best selling author and professional Financial Coach, helping people be better with their money. David has written a personal finance book that breaks with traditional attitudes towards finance and describes his own philosophy to money that he has gained through his personal and professional experiences. His philosophy on money applies to many areas of everyday life, including banking, investing, goal setting, shopping and entertainment.