Ep 30: How to Save Money for the Holidays + to Grow Your Business

Want to make a dream happen in 2020? Every January I hear people don’t have the money to make the choices they want in their life. This year, let’s prep ourselves to not overspend this holiday season, but actually save, to say yes to what we want most in the new year.

Here’s our list of ideas, and we’d love to hear yours if you’ll chime in on this post @HilaryRushford!

Ways to Save Money

CLOTHING + STYLE

Repurpose clothes
Confidence to rewear
Borrow/swap
Identify the true holes for buying
Shopping freeze

HOLIDAYS

Use gift certificates
Set a dollar amount on holiday gifts or draw names
Don’t purchase any new holiday decor
Avoid Black Friday
Invite friends over instead of going out
Simplify your holiday party
Credit card points that can be redeemed
Go in on a gift with another friend
Electronic holiday card instead of printed ones
Shop your home

RECURRING CHARGES

Reconcile your budget for recurring charges you aren’t using
Swap gym membership for free YouTube videos
Cancel landline, cable TV, only use cell phone + Netflix
Limit TV subscriptions
Any bills can you re-negotiate for a better rate?
Turn heat down a few notches to save on gas bill

FOOD

Limit how often you eat out
Consider eating less meat and more vegetarian meals
Switch to credit card that accumulates points for groceries

MISC

Carpool to save gas or opt for plans where you can walk if possible
Organize your closets/cupboards
Swap babysitting/pet sitting with friends

Ways to Make Money

IF YOU DON’T OWN A BUSINESS

Deliver fast food orders for a service, or drive Uber
Sell stuff around your house
Share in any groups you’re in that you’re looking to pick-up holiday work
Write blog posts/articles for online writing services like TextBroker
Find extra contract work on Upwork, Craigslist or Fiverr
Find side gigs on TaskRabbit
Submit profile on babysitter sites like Care to find work on nights or weekends
Sell your baking on local Facebook groups
Do you have a craft you can sell?

IF YOU OWN A BUSINESS

Offer a holiday discount, 2-for-1 deal, referral discount, or discount for buying another as a gift for a friend
Offer a new service, product, or course at a beta rate
Look for under tapped audiences
Consider other businesses that would be good partners for making referrals who you pay a commission
Look for other businesses you believe in to make referrals and be paid a commission
Do a pre-sale to raise funds before purchasing/making the inventory/product

What are your helpful money saving or making tips? Bless us and read from others on this post @HilaryRushford.

Is there a topic you want to discuss to have a more intentional 2020? Leave a voice memo at HilaryRushford.com/podvip.