10 Weird Ways to Make Extra Money to Pay for Christmas Presents - What Mommy Does (2024)

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Every October, I print out this Christmas gift list template and write down everyone we need to buy presents for. I estimate how much I think I should spend on each person and add up the total.

Then the fun starts. Because I love thinking up ways to make extra money, I have fun with our Christmas budget. It doesn’t stress me out one bit – I look at it like a challenge!

I like figuringout ways to make money between October and December 25th to pay for all of the Christmas gifts on my list (that, and also trying to see if I can find coupons & deals along the way so I can come in lower than budgeted!). My goal is to always pay for Christmas without using our “regular” money. 🙂

10 Weird Ways to Make Extra Money to Pay for Christmas Presents - What Mommy Does (1)

So without further ado, here are 10 weird ways to make extra money so you can pay for Christmas gifts without stressing out your budget!

It’s a combination of ways to earn extra money with a few ways to save money/stretch your dollars around the holidays. Both strategies together can add up to real savings! Ihope you find some ideas in this list!

  1. Go on a spending fast. $3 here, $10 there.…it all adds up! For a week’s time, stop yourself from spending random bits of money and put that in your Christmas stash instead. I bet you’ll collect more than you think you can.
  2. Round up your purchases to the nearest dollar and put the change in your Christmas money jar.
  3. Advertise on your car – agree to let them cover the sides and rear view window of your car with advertising, and you’re in business! Carvertise is one company that offers this in a few states. I found quite a few companies like this – all you have to is Google “advertise on your car.” I know this one takes more work than the rest, but it is legit – I see people driving around my town with car advertisem*nts all the time.
  4. Refer your friends a money saving site.My favorite is Ebates. Seriously, it’sthe bomb because you don’t have to spend money to get cash from this cash back website – you just have to refer your friends! I love it and make at least $100-$200 every Christmas season plus $25-40 randomly throughout the year. It adds up! This post explains how it all works.
  5. Go way overboard on Christmas decorations – We always ride around to the houses in our town each year that have crazy light displays. They’re so interesting to look at! And they all accept donations near their mailbox. 🙂 It would cost money up front, but could be worth it. I’m thinking anything with a “wow” factor could work; it wouldn’t necessarily mean your whole house has to be decorated with thousands of lights. We drove out to a house in a nearby town last year just because they had a Frozen themed front yard. 🙂
  6. Collect recyclables – I used to do this with my mom as a kid, and I know several people who still do it. Depending on where you live, you can find recycling centers that pay for aluminum, paper, glass, etc.
  7. Offer to bake Christmas cookies for friends – I know several people who buy the homemade cookies they take to Christmas cookie exchanges. Sounds crazy, but if you know people who have no time but need cookies for an upcoming cookie party, you can make a little bit of money that way!
  8. Borrow an outfit for an upcoming event – It never fails…we get to the holidays and are invited to a couple parties, and I never feel like I have something cute to wear. So I end up spending money on an outfit I wear only once or twice. Don’t spend money willy nilly like that – borrow a dress, jewelry and possibly shoes from a friend and call it a day! If this isn’t an option for you…consider Goodwill! I bought an evening dress there recently for like $10!
  9. Plant flower bulbs – I never remember to plant flowering bulbs around my mailbox before spring rolls around. You can plant them as early as the previous fall in many places. Offer to do this in/around your neighborhood for a small fee. I bet you will find at least several paying customers.
  10. Give an IOU as a gift – Already have a trip planned for next year but didn’t tell the kids yet? We do! We’re going to Disney World. I think part of their Christmas presents will be a “voucher” for ONE TRIP TO DISNEYWORLD along with a small souvenir item to be cute. Is that bad?
  • Become a virtual assistant (one of my favorites ways to earn extramoney fast)
  • Clean houses(apparently a very controversial post…I share my thoughts on how much I pay our house cleaner) 🙂
  • Start a blog(a step by step guide to starting a blog complete with lessons I learned on what NOT to do!)

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Lena Gott

I'm a CPA turned SAHM of 3 little ones ages 4, 6, and 9. I'm a mommy by day, blogger by night. Join me as I write about fun kids activities, family finances, and losing 50 lbs after baby #3.

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Latest posts by Lena Gott (see all)

  • 30 Non-Toy Christmas Gift Ideas for Kids - 10/31/2023
  • 50+ Fun Family Christmas Gift Ideas for Every Budget - 10/31/2023
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10 Weird Ways to Make Extra Money to Pay for Christmas Presents - What Mommy Does (6)

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10 Weird Ways to Make Extra Money to Pay for Christmas Presents - What Mommy Does (2024)

FAQs

How can I pay for Christmas with no money? ›

What To Do If You Have No Money For Christmas
  1. Ask friends and family to help. ...
  2. Ask someone else to host. ...
  3. Keep the celebrations small. ...
  4. Apply to Toy Appeals. ...
  5. Don't be afraid to say no. ...
  6. Don't be tempted by payday loans. ...
  7. Trim the kids' expectations. ...
  8. More money management tips this way.

Is $50 too much for a Christmas gift? ›

Relationship Stage: Consider how long you've been together and the seriousness of your relationship. If you have been dating for less than a year, it is appropriate to spend a maximum of $50. A budget of around $100 is standard for longer relationships.

How to buy Christmas gifts with little money? ›

How To Budget For Christmas Presents
  1. Make A Budget. ...
  2. Set A Gift Limit. ...
  3. Save Where You Can. ...
  4. Plan To Shop When A Sale Is Happening. ...
  5. Cover The Budget By Picking Up A Side Hustle. ...
  6. Decide Which Holiday Traditions You Can Skip. ...
  7. Suggest An Alternative To Gift-Giving. ...
  8. Consider A More Thoughtful Gift.
Apr 9, 2023

How much do most parents spend on Christmas presents? ›

The doctor's claims come as a new survey uncovered that 70% of American parents plan to spend $200 or less on each child this holiday season. The survey, conducted last month by Statista, uncovered that almost one in 10 parents (9%) will spend $25 or less on each child.

What to do if you can t afford Christmas gifts for your kids? ›

Help for families who can't afford Christmas presents for the...
  1. Help for families who can't afford Christmas presents for the kids. ...
  2. Salvation Army – Christmas Present Appeal. ...
  3. Family Action – Make Theirs Magic. ...
  4. Cash for Kids – Mission Christmas. ...
  5. Book Trust – Make Christmas Magical. ...
  6. Action for Children – Secret Santa Appeal.
Dec 5, 2023

How do you pay when you have no money? ›

Finding financial relief
  1. Government disability insurance programs. ...
  2. Disability and income replacement benefits through your employer. ...
  3. Create a barebones budget. ...
  4. Use coupons and consider store brands. ...
  5. Evaluate and eliminate some nonessential expenses. ...
  6. Prioritize credit card payments. ...
  7. Apply for government programs.

How many Santa gifts per child? ›

Some follow the “rule of three.” This means that a child gets three presents, one for each gift baby Jesus received. Others believe in four: something you want, something you need, something to wear, and something to read. And some follow other guidelines entirely.

How many gifts should a 10 year old get for Christmas? ›

There is no magic number but the general consensus seems to be between three gifts potentially up to around five. There will be many factors that contribute to this decisions; how many children you have, presents other family members may buy, how old your children are and, of course, budget.

How much money do you give a 12 year old for his birthday? ›

While $20-$30 is a safe place to land for kids' birthdays, if you feel inspired by the gift and not the price tag, let your own budget guide your decision about how much to spend, says Porter. “Gifting is a way to show our care, and there's no price for that.”

What are unwanted Christmas gifts? ›

The most unwanted gifts people receive are diet plans, cufflinks and soap on a string. A poll of 2,000 adults found 75% receive up to seven presents each year which they'll never use — with friends, children and colleagues labeled as the worst present givers.

How to do Christmas gifts when you're broke? ›

Whatever it is—that vase your friend always ogles or the book you just finished that's right up your sister's alley—share generously.
  1. Set a Date. ...
  2. Write "Just in Case" Letters. ...
  3. Share Mementos. ...
  4. Divulge Secret Recipes. ...
  5. Make DIY Art Supplies. ...
  6. Be a Sitter. ...
  7. Chart the Family Tree.
Nov 10, 2023

How many presents does an average child get at Christmas? ›

Some parents stick to the rule of three when deciding how many presents to get their child for Christmas. That's how many the baby Jesus got after all. The rule of three gifts originates from the bible story when the three wise men gave gifts of gold, frankincense, and myrrh to the baby Jesus.

What holiday is the most money spent on? ›

What are the most popular holidays for spending money worldwide? Christmas, New Year's Eve, and Valentine's Day are the most popular holidays for spending money worldwide.

How much money do you spend per child at Christmas? ›

Parents spending on Christmas gifts per child in the United States in 2023
CharacteristicShare of respondents
Up to $259%
More than $25 to $5015%
More than $50 to $10019%
More than $100 to $15016%
4 more rows
Nov 30, 2023

Can I borrow money for Christmas? ›

With a holiday loan, you can get one lump sum of money to pay for everything you need to make the season brighter. Be sure to find a lender that offers a fixed rate and a fixed repayment plan, so you'll know exactly how much your monthly payment will be and how long it will take to pay off your holiday loan.

How do people pay for Christmas? ›

Our survey revealed that saving through the year was the most popular way to pay for Christmas, with almost a quarter opting for this option. Another 23% of respondents said they spread their purchases over several months to help them afford the festive season.

How do you tell your family you can't afford Christmas? ›

Be honest and share your feelings

Be upfront and honest about the financial challenges you're facing. Whether you've had a sudden change in income, unexpected expenses, or it's just down to rising costs and bills, let your family know what's going on and why you're struggling.

How do you tell someone you can't afford a gift? ›

So in conclusion, telling a friend or a loved one that something's not in your budget, it doesn't have to be a confrontation. It doesn't have to be weird and it doesn't have to be uncomfortable. Be clear, be honest, be direct. Try not to get defensive and have these conversations in casual hangs over a period of time.

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