Save some green on St. Patrick’s Day – no luck required
Americans plan to spend $ 5.9 billion to celebrate St. Patrick’s Day, according to the National Retail Federation’s annual survey.
Food, drinks, clothing, decorations, and candy are the main items that the celebrants plan to purchase. And there are a lot of products to choose from.
“Before the advent of e-commerce, St. Patrick’s Day-themed buying options were limited to ‘Kiss Me I’m Irish’ t-shirts at Target,” said Ken Cassar, Senior Analyst and Vice -President of the analysis company Slice Intelligence. in an email. “Today consumers can get anything from shamrock socks to an entire Irish pub shipped to their doorstep.”
If you’re thinking about buying something green to avoid getting pinched this March 17th, we’ve got some tips for you. save yourself green and also keep your wallet from feeling a pinch.
1. Make an offer on grub
Many with Irish roots – and even some without – will seek out a meal of corned beef and cabbage to celebrate the Irish-inspired holiday.
But if you’d rather eat something a little less traditional, you’ll find plenty of vacation deals and food coupons. For example, Californian tortilla is offering free tokens and queso with a purchase if you request a “pot of gold” on March 16th. Bruegger bagels is offering $ 2 off a batch of large bagels on March 16 and 17 at participating stores. Go online to claim the case. To stay up to date with all the offers, subscribe to mailing lists of your favorite restaurants or follow them on social media.
Apps can also save you money. Flipp is a free download that provides flyers from over 800 local retailers, including grocery stores. Enter your zip code to find deals near you. You can also search by keyword such as “green”.
2. Look for last minute savings
Buying party favors last minute can mean big savings, says Kerry Taylor, author of “397 Ways to Save Money.” That’s because retailers know there isn’t a lot of demand for St. Patrick’s Day items after the holidays. Taylor recommends purchasing supplies on the afternoon of March 17 before your party.
But if you prefer to shop early, seasonal sales are underway at some craft and party supply stores. Oriental Trading Company is offering up to 30% off Luminous Clover Necklaces, Green Sequin Bow Ties, Leprechaun Costume Photo Props and more. The Michaels craft store marked some decorations, including garlands, fairy lights and signs.
Retail sales also extend to non-holiday items, says Eric Glyman, CEO of the price tracking app Paribus. So while you are shopping for decorations and candy, you can use the holiday markdowns as an opportunity to purchase other things you might need, like clothes and spring cleaning supplies.
3. Protect your pot of gold
Finally, since St. Patrick’s Day might not be a holiday you’ve budgeted for, try to keep your expenses in mind.
“Since St. Patrick’s Day probably isn’t a holiday you’ve budgeted for, try to keep your expenses in mind.“
People may be inclined to spend more because the holidays fall on a Saturday this year, says Nora Yousif, financial advisor and vice president of RBC Wealth Management in the Boston area. “You want to make sure you’re really budget-conscious by staying in the green rather than the red this vacation,” Yousif says.
So how do you do it? Categorize. An expensive pub crawl or dinner would fall under the “wants” section of your spending. At NerdWallet, we recommend the Budget 50/30/20. According to this method, desires should not represent more than 30% of your monthly net income. Needs – like rent and groceries – account for 50%, while savings and debt repayment make up the remaining 20%.
Then prioritize. If you’re spending more than planned on St. Patrick’s Day, spend less on other entertainment expenses the rest of the month so you don’t go over that 30%.