Saving during the Holidays: It can be done | WAMU 88.5 - American University Radio

: News

Filed Under:

Saving during the Holidays: It can be done

Play associated audio

By Sabri Ben-Achour

Holiday shopping is a tradition in and of itself, but many Americans say they want to cut back this year.

At the Pentagon City Mall, in Northern Virginia -- one Holiday Shopper named Bob is thinking about his Holiday budget.

"We always set one, and we always go over it. I always go over what I tell my wife," he says. "There's always subterfuge in marriage, you have to have that."

Well, there are a few ways, according to experts, to successfully reign in holiday spending. Bill Hampel is with the Credit Union National Association. He says just verbalizing the intention to save will help.

"Among your family talk about what you plan to do, think a bit about what you do before going to the store," Hampel says.

Marshall Cohen is chief Retail Analyst at NPD group - a market research firm.

"Stick to the list - make it, check it twice, don't deviate from it," Cohen says. And if you're really looking to save money, don't buy for yourself while you're out there shopping for everybody else."

But those tips aside, there are times when you should buy. Inventories are low this year, so Cohen says: if you see a deal, grab it.

NPR

'Magic Mike XXL' And 'Terminator Genisys' Bring The Testosterone

NPR's Bob Mondello looks at the Independence Day weekend blockbusters, Magic Mike XXL and Terminator Genisys.
NPR

A Dose Of Culinary Medicine Sends Med Students To The Kitchen

Aspiring doctors at the University of Chicago are learning how to teach patients about healthy eating. Nutrition advocates say this kind of training is critical to fighting obesity and diabetes.
NPR

U.S., Cuba To Reopen Embassies In Step Toward Normal Relations

The White House announced Wednesday the opening of a U.S. embassy in Havana, Cuba, which is seen as a key step toward more normal diplomatic ties with the Cold War foe.
NPR

Somebody Is Cutting Internet Cables In California

There have been at least 11 attacks in the San Francisco Bay Area in the past year, according to the FBI. The most recent occurred Tuesday and disrupted service as far north as Seattle.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.