By Elizabeth Sheer, Cheapism.com
Even if you're a whiz at finding discounts, consumer spending patterns indicate that you'll spend hundreds of dollars during the winter holidays on gifts and seasonal items. Then there's the cost of travel to family and friends, buying holiday clothes, hosting and attending parties, and so on. Add it all up and near panic is likely to ensue.
But consider this: The savings you could accumulate by tapping into your curmudgeonly self and ignoring the holidays entirely. Gallup reported that the average American spent $83 a day last December on purchases (including gasoline for the car) and restaurant meals compared with $71 during the other 11 months. Assuming we're on track to shell out these same amounts this year, each adult in the household could save more than $400 during the 34-day period from Thanksgiving to New Year's Eve. And that doesn't include air and rail travel forgone or normal household expenses.
Related: Thanksgiving costRead More »from Forget the Holidays and Save