Finder Money Newsletter for December 2022

🔎 Spending less this holiday season | 4 ways to save $ | Boxing Day deals to put on your radarHi Finders!Have you crossed off everything on your gift-giving list this year? More than half (57%) of Canadian shoppers shop holiday deals, according to the CPA Canada Holiday Spending study.Sadly, rising costs did have an impact. Almost half (43%) of Canadians plan to spend less this holiday season and a significant factor influencing this decision are higher food costs.According to a Dalhousie University report, the typical grocery bill increased 70% between 2000 and 2020. Since the average Canadian tosses about $1,300 in food waste each year, it wouldn’t hurt to find smart, strategic ways to save. Here are three tips to help:Look for coupons. Coupon culture isn’t massive in Canada, but it does exist. Both local grocers as well as online retailers offer coupons. For instance, a 12-bar box of Love Good Fats was $2 cheaper at the start of December, using an Amazon coupon. Look for half-price Cambell’s soups among other deals.Leverage money-saving apps and websites. Cuts costs through cashback. Earning while you spend programs, like Rakuten, allow you to shop and earn at the same time. Don’t forget to comparison shop for products using various online retailers. To help, check out the Finder guide to online stores like Amazon.Consolidate your debt. Roll high-interest debts into one, lower-interest loan payment and you’ll reduce your debt costs. To learn more, check out the Finder guide on debt consolidation or read about free resources to help manage debt.1 in 5 Canadians plan to shop boxing day deals!According to research from Colliers International, a global investment management firm, deals are about the same on Black Friday and Boxing Day, though Boxing Day offers a slight edge on savings.According to James Smerdon, a Colliers International retail trends consultant says, “there’s slightly better deals on Boxing Day.” Black Friday ends up being the bigger sale event because most people want to buy for the gift-giving season.To help you snag those Boxing Day deals, consider the following:Black Friday will offer more site-wide sales, but the discounts won’t be as large as those found on Boxing Day.Shop hard for gamer gear and electronics on both days, but you’ll have more selection during Black Friday.The deepest Boxing Day discounts will be on anything last season (fashion, vacuums, furnishings, etc.)Find great Boxing Day deals on appliances and home reno products.Check out Finder’s Boxing Day Deals, where we update and list the best deals, every day.Learn moreFeatured BrandKOHO Save1% cash back on groceries, bills & servicesEarn 0.5% to 1.5% on account balanceNo minimum balance required$0 account feeBONUS: Use promo code FINDERCODE to get a $20 cash bonus after making your first purchase within 30 days of signing up💙Favorite finds💙If you’re looking to lower the cost of your debt, learn about the eight methods of debt consolidation.Read moreLooking to send money to your loved ones this season? Compare international money transfer services to find the best option for you.Read moreGiving cash to your kids this holiday season? Help them practice smart money habits by opening a kids’ bank account.Read more

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