We’re excited to team up with Women & Co. to talk money again. Women & Co. is a great resource for personal finance, focusing on issues that matter to us and providing valuable guidance to empower our financial choices.
In the fall we discussed back to school spending and now we’re sharing news about women’s holiday shopping habits. In addition to survey results we’ve got some great tips to simplify holiday shopping. Keep reading to join the conversation and enter to win a great giveaway!
Women’s Holiday Shopping Infographic
Women & Co teamed up with RealSimple to survey women about holiday shopping. Among the interesting findings:
- 1 out of 4 women purchase gifts for at least 15 people.
- 57% of the women surveyed say they spend at least $50 or more on charity during the holidays.
- The majority of women spend at least $100 on kids’ holiday gifts.
- And women surveyed spend at least $700 on holiday expenses (including gifts, food/entertainment, travel, holidays cards, etc) with 1 out of 3 spending $1,000 or more.
What do you think about the survey results? Does anything surprise you?
5 Tips for Simplifying Holiday Shopping
Holiday shopping is no simple feat. Many savvy shoppers literally shop for the holidays year round. Even if you aren’t buying stocking stuffers in August, there are some ways you can make the process easier.
1. Make a List and Check it Twice. Keep your shopping list organized with by following the Who-What-Where-When-Why Rule.
- Who do you have to buy for?
- What are you going to get?
- Where are you getting it?
- When are you giving / shipping?
- Why? Well, because giving is fun!
If you want a modern version of the shopping list, check out the app store for apps like Gift It.
2. Give a Signature Gift. RealSimple.com says “Don’t be afraid to give repeat gifts.” If your family enjoys a personalized calendar one year, repeat the gift again next year. We receive a Swarovski ornament every year from my dad and stepmom and while it’s obviously not a surprise, it is one of my favorite things to open every Christmas.
3. Have a Go-To Gift. Real Simple also suggests picking one gift for those outside your immediate family that has special meaning to you. For example, we’re sending several members of our family German chocolate. It represents where we are this year and we know they’ll all enjoy it.
4. Donate to a Charity. There is inevitably at least one person on your list who is difficult to shop for because it seems like he literally has everything. Honor him with a donation to a charity with special meaning.
5. Shop Strategically. We love online shopping and it is the best tool for streamlining holiday shopping, but we still have to hit brick and mortar stores for many things. Plan your trips strategically. In other words, don’t hit the local shopping mall the weekend before Christmas. We may have learned that from experience.
Another way to simplify shopping and shop smart is to make sure your shopping is working for you. ThankYou Rewards from Citibank can be redeemed for a number of rewards including travel, gift cards, charitable donations, merchandise, and more.
Shop at your favorite store where you use your participating Citi® credit card, and you earn ThankYou Points. … Getting rewards is easy–just do what you do already and see how quickly the points add up.
Using your Rewards is as easily as earning them. The Rewards shop has a number of great gift ideas, and we particularly love the Giftback Card which allows you to donate Points virtually to one of nearly 1 million nonprofits.
Win! 20,000 Citi ThankYou Rewards Points.
What can you get with 20,000 Points?
A $200 donation to charity, $200 Kohl’s gift card, a Michael Kors men’s watch, Nikon CoolPix camera or many other things!
Giveaway ends December 21. Open to US mailing addresses only. Must be 18 or over.