Dr Oz: Holiday Budget Calendar
Mo’Nique was Dr Oz’s co-host for the day and together they tackled ways you can make it through the next eight weeks without having the holidays wreak-havoc on your budget. Mo’Nique said the key is to “do you” and put yourself first. Dr Oz was joined by financial expert, Lynette Khalfani-Cox, who said it’s all about planning for everything. She first suggested creating a budget calendar.
Mo’Nique said, before fame came into play, she would buy the prepackaged gift sets. Lynette called it the bundling strategy, explaining that you buy something that has multiple items and then separate it, turning it into multiple gifts. A calendar can help you look at your spending over time. Mark down your pay day and then think about what you’ll be buying. Don’t wait until the last minute to buy gifts for people. Instead, space it out a little and plan what days you’re going to buy what gifts. Buy one or two items per week.
Dr Oz: Save Money On Holiday Groceries
The same thing applies for holiday groceries and items you may need for a big meal on a holiday. If you can, buy some non-perishable items you may need later, right now, so that you don’t go crazy with the spending all at the same time.
It’s important to remember that it’s about your presence, not your presents.
Dr Oz: Price Comparison Apps
If there’s one big item that you’re looking for, such a hover board like one audience member was, consider using price comparison apps. Price Blink is a web browser add-on that does the comparison shopping for you without having to go site to site. Lynette explained that online, through Price Blink, she saw the hoverboard for $600. Using the app, she was able to save $200 or 22%, getting it for $399.
Mo’Nique then surprised that audience member with a hoverboard, taking care of the most expensive item on her child’s list. How do you plan on saving money through the holidays?