6 Ways To Make Maximum Money Of A Holiday Savings Account

BANGALORE: Holidays are great for family gatherings, relaxing and the consumption of calorie-laden food, but they are not so great for our wallets. In fact, the longer the holiday season stretches on, the smaller our bank accounts get.

From gifts to party food to gas in the car or plane tickets, we tend to incur a lot of extra expenses over the holiday season. And while frugality has its place, you can't - and don't want to-cut out everything. So what do you do instead? Use some of the unique opportunities of the holiday season to make some extra cash.

1. Sell Some Stuff

Selling unwanted stuff is a great way to build up savings for the holidays – and as an added bonus, it helps you clear clutter. There are a number of ways you can sell old toys, clothes, electronics, movies, home goods, and other items like having a garage sale, selling online using eBay or Craigslist and laundering your gently-used clothes and bringing them to a consignment store that specializes in that type of clothing.

Just be sure to exercise caution when selling online. If using Craigslist, always meet buyers in a safe place, and accept cash or online payment using services such as Paypal only. Depending on how much stuff you have, you could easily add some good amount to your holiday spending account and also get rid of stuff you don’t want anyway.