Wednesday night was the first ever personal finance Twitter chat. I co-hosted the chat with @wisebread from Wisebread.com and this weeks topic was Holiday Savings. The chat could not have went better and there was an even larger turnout than expected, and I know there were more who wanted to attend but had conflicts. This is a good sign for the future of the personal finance chat and I know we will only build on this momentum to grow it even more so for the community. There were a ton of great ideas and tips that were shared. Here is a short recap below of a few responses and a list below of everyone who participated.
For those who participated I want to thank you again for helping making the session a successful one and I hope to see you at the sessions in the future.
The next session will be next Wednesday December 16th at 7 PM EST with the hashtag #bp.
If anyone would like to co-host a session with me, shoot me an email at [email protected]. Dates are closing up so hurry!
Question 1: How are you planning on saving this holiday?
@frugaldad I do just about all my shopping online, but I go to the stores to “kick the tires” on electronics and appliances. #bp
@monroeonabudget we’re relying on decorations that we already have – there’s plenty to swap in and out from year to year #bp
@charissacowart I’m making a lot of gifts myself #bp
@lazymanandmoney I used a lot of the Amazon Holiday Deals. I got lucky they had a lot of things on my wife’s list. #bp
@frugalnyc Save on holiday shopping? Making a list of must buy list and sticking to it. cut the number of items down to the best ones #bp
@fiscalfizzle we’re using a lot of our leftover gift cards, gifts we’ve accumulated over the years, and otherwise being xtra frugal. #bp
@moneywisemoms I’ve actually gotten a lot of holiday decorations, extra cards, tins to reuse, etc. from Freecycle. Free to me & saves on trash #bp
@moneyfunk homemade baked goods are usually always a winner. following suit this year – going to have fun baking wk before Christmas #bp
@moneystrands My family drew names this year so that rather than buying for everyone, we buy for one person. Saves time and money! #bp
Question 2: Has the economy affected your holiday spending?
@mrsmicah economy hasn’t affected our holiday spending much. we were tight w/money earlier because of our debt. #bp
@monroeonabudget not buying as much candy for stockings. I have candy cane and Debbie cakes, that’s probably it. #bp
@frugaldad Economy affected holiday spending? Not really, since we save a little throughout the year just for Christmas it was there. #bp
@fiscalfizzle Economy? Yes, definitely–largely due to pay cuts, job loss, etc. Definite effect #bp