It's very important if you follow these tips because they will save you from overabundance of good will and holiday dept and help you control your spendings

1. Make a list, i.e. write down what you plan to buy before you leave home. Have a general amount in mind of what you would like to spend overall and divide that by the number of gifts you need to buy.

2. Start shopping now because last minute shopping can be expensive, especially if you're looking for something very specific. Go early in the holiday season to guarantee yourself a wide range of prices to fit your budget.

3. Pay in cash, because the credit card will not save you from temptation of overspending. Leave your plastic at home.

4. Before you buy a gift, ask yourselfif if there could something be less expensive or homemade but equally nice and appropriate.

5. If you have a frugal friend, ask him/her to show you how to best save your money when shopping for gifts. Learn where she finds the best bargains