How to save money this holiday shopping season

It’s estimated that this holiday season, people expect to spend the same amount of money but come home with less gifts due to inflation.

GRAND RAPIDS, Mich. — Pain at the pump, sticker shock at the grocery store and even the dollar store isn’t a dollar anymore! Across the board, people are feeling the squeeze.

That’s why 13 ON YOUR SIDE is looking at the issues causing costs to climb and what can be done about it. 

It’s estimated that this holiday season, people expect to spend the same amount of money, but come home with less gifts because of inflation. 

“For the middle income consumer, they’re feeling it and really, people earning $100,000 [a year] are feeling it too,” Marie Driscoll, managing director of luxury and retail with Coresight Research, says. 

Due to inflation, goods and services cost about eight percent more than last year. 

With Black Friday just days away, Driscoll says the big promotions that may have been lacking in the last few years are back. 

“Last year, we didn’t have a whole lot of promotional pricing because the supply chain was so erratic that you didn’t a lot of product didn’t get there,” she says. “Ergo, this year, a lot of retailers are entering with high-profit [and] high inventory levels and the anticipation that it’s going to be a promotional environment which we didn’t have last year.”

If you’re looking for an extra deal, don’t be shy about shopping clearance and vintage. Some stores even offer price matching if you find something for a better deal…

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