Holiday shopping and entertaining involve a whirlwind of activity to round out the end of the year. The holiday season also tends to be an expensive time of year. According to Capital One Shopping, the average spending for holiday travel, gifts and entertainment expenses is $1,638. The National Retail Federation says American consumers spend an average of $997.73 on gifts and other holiday items each Christmas.

For some people, adding an additional $1,000 to their November or December budgets can be challenging, and many individuals seek budget-friendly solutions for their holiday celebrations. The following guidelines can help corral spending this year.

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