Stretch Your Holiday Gifts

Here is what I have done with that sweater that was the wrong size and how I made the most out of my penny pinching Christmas dollar. In case you haven't noticed retailers are desperate for your dollars! This is such a good thing for you, the Penny Pincher.

I am very fortunate that I have relatives that attach gift receipts to each piece of clothing that they gift. I take the sweater to the counter and get the clerk to scan the gift receipt to see how much was spent on it. Have the clerk put the amount on a store credit or a gift card. You now have your gift on a gift card/store credit. Now you are able to get full advantage of the after Christmas deals. For example an extra 25% off the entire store! So if you did indeed change your mind on that sweater you just returned you can get it for the sale price, plus 25% off. Your penny pinching relative would want it this way. The catch is you HAVE a gift slip or the actual receipt. Other wise you will get the price the item is selling for that day.