6 Ways to Save Money Fast for Your Christmas Savings Plan

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Looking for ways to save money fast now? Here are six proven easy and fun ways for you to start saving money for your Christmas Savings Plan.

Looking for ways to save money fast now? Here are five proven easy and fun ways for you to start saving money for your Christmas Savings Plan.

Saving money for Christmas, Hanukkah and other holidays doesn’t have to be difficult. There are a ton of ways to be frugal with a big impact so you can build your holiday fund all year.

Ready to get started? Here are easy ways to save money fast now so you can have some extra spending money come Christmas time.

1. Shop At Retailers That Offer Rewards

rakuten cash back

You should definitely shop at retailers to offer rewards especially since you’re be spending more during the holidays on gifts and presents. Because retailers want you coming back for more they often offer a variety of rewards such as coupons, discounted offers, and even freebies.

Want Free Money?

  • Aspiration: Want to get spotted a $150 for free? Simply sign up for Aspiration, and the free banking app will give you cash for free, you just relax while it gives you $150 just for opening a new debit card. There’s no catch. This bank account is legit and only takes two minutes to sign up for an account.

Pro tip: Surveys are quick, easy, and can pay you cash from the comfort of your home. No wonder they are so popular. Survey Junkie, Branded Surveys, Swagbucks, and InboxDollars are just a few of the best survey sites to make money.

I find coupons and earn cash back at over 2.000 stores when I shop online using Rakuten. If you use it, you can literally get paid for shopping you would have done anyway. Sign up through this link and get a free $10 gift card! This can really help you get holiday savings. You can also check out my favorite money-saving apps below:

AppAt a glancedownload
personal capitalSoFi
SoFi is one of the best money-saving apps that offers everything all within one app. Switch to SoFi Money—a cash management account that earns interest, has no account fees, and more. Get $100 instantly when you switch your direct deposit to SoFi Money.
personal capitalPersonal Capital
Use the Personal Capital's Savings Planner to find out how much you need to save each year. Plan your retirement savings, emergency funds and progress towards paying down debt while budgeting and saving money.
100% FREE
Truebill reviewTruebill
This free app delivers on its promise to save you money effortlessly. You can use it to lower your bills, cancel unwanted subscriptions and bill negotiations.
Get a $100 bonus at Aspiration when you open and fund an account with $10 or more. Then use your Aspiration debit card to make at least $1,000 worth of cumulative transactions within 60 days of account opening.
Open a new account in the next 24 hours and you could get up to $200 in free stock.

Additionally, create an email address specifically for these programs and shop according to the deals each retailer offers every week. You can also shop secondhand or with online retailers who offer better prices, like eBay, Amazon, and Craigslist.

2. Negotiate Your Bills to Save Extra Money (Every Penny Counts!)

Best Savings Accounts

Just because a company quotes you a price doesn’t mean it’s the best one they can offer you. Start by contacting the companies with which you have a regular bill, for example:

  • Phone
  • Insurance
  • Cable
  • Credit card

If you contact them and explain that you have been offered a better deal elsewhere, they may be able to negotiate a better price for you, especially if you are a long-term, loyal customer. If they can’t offer you a better deal, it may be worth switching providers. DON’T BE AFRAID TO SWITCH!

I recently went through this with my internet service. I called and requested the deal they were giving new customers and of course, they said NO. My loyalty meant absolutely NOTHING TO THEM. But being my stubborn self, I literally told them to come get their equipment! I was DONE. So after transferring me to several different people I finally got the new promotion price. Boom, that’s an extra $30 a month I’m saving that can bring a little Christmas magic to my savings account.

3. Cancel Unnecessary Subscriptions for Monthly Savings

Best Money Saving Apps

This option you can do year-round — not just for saving money for the holidays. We often get lured into paying monthly subscriptions because we feel it would encourage us to use them. Unfortunately, most of the time that’s not true and it’s just another way to eat away at our bank balance.

Think about whether or not you really need the subscriptions mentioned below:

  • Netflix
  • Magazine subscriptions
  • Spotify
  • Amazon Prime
  • Gym membership

Ever pay for a gym membership for years and only use it maybe twice a year? Why throw away your HARD EARNED money? Seriously? That’s like paying for 250 channels and watching only 3! STOP THE INSANITY!

4. Stop Buying Name Brand Products to Save Before the Holidays

Free Starbucks Gift Cards

Fancy marketing is something we all fall for. Fancy packaging and catchy taglines are probably what lure you in, but here is a secret: the product is no different from your supermarket’s own brand! Aside from the product not being different, the own-brand version will cost a fraction of the price! TRY IT! No difference! Who cares what name is on the package? 

This can really boost your holiday savings because you’ll literally save on every grocery run if you stop buying brand name products.

If you like certain brand products, look into coupon sites that offer coupons, discounted offers, and even freebies.

5. Ignore Scams That Promise Fast Money

Apps That Help You Save Money

There is little more embarrassing than falling for the online scams that claim you can earn thousands of dollars a month by clicking a link and investing a couple of hundred dollars. Similar to fad diet pills and online gambling, very few ever make a cent, let alone a living! What a joke! DON’T FALL FOR THIS CRAP!

Becoming rich/comfortable takes time, patience, and DISCIPLINE, so instead of investing your hard-earned cash into what adverts call “online deals”, put it in automated investing apps. Every dollar you can manage to SAVE is a dollar you can INVEST! Get BADASS about your savings so you can build your holiday fund!

6. Don’t try to keep up with the Joneses

Your personal goals and savings plans are what should matter to you the most, not what other people are doing! Who cares how THEY ARE WASTING THEIR MONEY? It can be disheartening to see your neighbor roll in driving a new car every year but remember that as nice as it would be to have one yourself, you don’t need it. You can get quality used vehicles MUCH CHEAPER and literally save THOUSANDS over the years! (I learned this the hard way!) But have since wised up.

Work towards something bigger and better than material possessions and you’ll reap the rewards in your future! It’s not a bad thing to learn how to live cheap.

The Bottom Line

As I sit here watching the news I began thinking about our money-saving journey. It seems it’s ALWAYS on my mind. Why not SAVE all we can for Christmas and year-round? It’s not that hard and greatly improves YOUR FUTURE!

Becoming rich (or comfortable) is one of those things many of us dream about; waking up with no financial worries, no mortgage, the money to send our kids to college, and so on.

Unfortunately, few of us will ever become millionaires but we can GREATLY INCREASE OUR COMFORT LEVEL! However, there are some ways you can start saving today so you can afford an early retirement or live comfortably working part-time.

Get smarter with your finances TODAY and your TOMORROW will be much more comfortable.

Kick-start your savings by finding clever ways to save money fast! It’s the first step toward reaching your goal of saving an extra $1,000 this month.


Want Free Money?

Simply sign up for Aspiration, and the free banking app will give you cash for free, you just relax while it gives you $100 just for opening a new debit card. There’s no catch. This bank account is legit and only takes two minutes to sign up for an account.


Today's Best Offers

AppAt a glancedownload
Chime will spot you up to $200 if you accidentally overdraft. And even better: they won’t charge you a dime.
Truebill reviewAxos
This free savings account delivers on its promise to save you money effortlessly. You can use it to get up to 6x the national average APY. It now pays to stash your cash in a savings account.

About the author

Brian Meiggs
Brian Meiggs is a personal finance expert, and the founder of My Millennial Guide, a personal finance site helping you put more money in your pocket. He helps millennials follow the smart money in order to increase their earning potential and start building wealth for the the future. He regularly writes about side hustles, investing, and general personal finance topics aimed to help anyone earn more, pay off debt, and reach financial freedom. He has been quoted as a top personal finance blogger in major publications including Yahoo! Finance, NASDAQ, Discover, MSN Money and more.


  1. These are all really great suggestions. Negotiating your bills and stop buying name brands are my favorite. Those are two surefire ways to reduce your bills FOR SURE.

  2. Great list of stuff to squeeze out additional savings. My favorite is not keeping up with the Joneses. That’s a never-ending game. And it’s one where there’s no winner, since everyone loses. Especially in my area (LA/OC, California), that’s a huge problem.

    • You sound like me Tim. I live in Washington, D.C. area and that’s hard to escape here. If you’ve got a healthy nest egg stashed away or an endless supply of cash, by all means spend. However, if you’re concerned about the future, you need to curb your spending today. Thanks for stopping by Tim!

  3. Saving money any way you can is crucial for increasing your savings rate and paying off debt, investing, or saving for a downpayment for your next home! Cheers.


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