- Some studies have shown that the average American consumer spends roughly $702.03 per holiday season. Since holiday spending can really add up, it's important to look at your shopping goals realistically. To help manage your holiday gift fund, one important first step to take is to make a list of all of the expenses you will face when doing your shopping. Don't just put down the items that you will be purchasing as gifts; consider the fact that wrapping paper, gift bags, and shipping charges will weigh into your budget as well. Once you've got a nice list to peruse, look at ways that you can cut corners. Also, when you see the big picture of how much money you'll be spending, you will probably be more prudent with your spending.



- Leave the credit cards at home. Many holiday buys are decided upon unexpectedly, and people oftentimes feel that if they are putting the gifts on their credit card, they will not have to worry about the payment, at least for the moment. These types of purchases can really add up, and leave gaping holes in your holiday budget.

- Take your time to comparison shop. Going to several different department stores to search for the best deal on an item that you are considering purchasing can really pay off. If you're connected to the internet, it may be a good idea to let your fingers do the walking - shopping online can make it very easy to find the best deal on an item that you're considering. Sites like MySimon.com and Google's Froogle service give you ample opportunity to search for the best deals on whatever product you may be considering.

Following these simple tips can work wonders when it comes to helping to stretch your holiday dollar. You can often satisfy those that you are buying for just as well by following the above techniques, while saving yourself hundreds of dollars. Always be sure to look at the return policy on the items that you are purchasing, however; while you may think that green sweater is the height of fashion, your teenage daughter may disagree.