Mother's Day has become the third-largest consumer spending holiday in the U.S. (according to the National Retail Federation), right behind winter holidays and back to school/college. Over the past two years, U.S. consumers have spent more than $40 billion on Mother's Day. Here with some Mother's Day shopping do's + don'ts to help rescue your money is Regina Novickis, consumer expert with Slickdeals.
Do some housework, but don't give her products that remind her of everyday chores! It’s really nice to give mom a day or two of household responsibilities. As a gift, offer to clean mom's house or hire someone for her if you're not in the area. Or cook mom breakfast in bed; or any meal really.
Do tap into technology to find savings on gifts - The internet has allowed us to tap into the power of comparison shopping, but with all the options available, it’s hard to know if you’re really getting the best deal. Slickdeals.net leverages the power of social commerce to make sure you get the best deal available online whenever you shop. Millions of other savvy deal hunters scour the internet, post the deals they are finding, and then others get to vote on those deals. The Slickdeals Mother’s Day section launches today, where you can find savings on everything from jewelry to
Don't spend money if you're in debt or budget doesn't allow for it – Moms want the best for their children, no matter what age, and making sure that you’re financially secure is an important component of this. If you’re in the process of paying off debt or buying a gift would strap your budget, give mom the gift of time. Create a special outing such as a picnic; or look for inexpensive or free events in the area. It doesn’t have to cost a lot to be fun.
Don't buy flowers online the week of Mother’s Day - Even with discounts, the markup on flowers around mother's day is about as high as around Valentine's Day. If you live far away from mom and want to send flowers, send them a week early so she can enjoy a lead up to Mother’s Day. If you must send them the week of, make sure you use an online coupon; and don’t go for Sunday delivery – that will markup your purchase even further. Ideally, you can make you own bouquet by going to a local grocery store. There will still be a markup the week of, but it will be significantly less expensive than buying online. I priced out a bouquet with similar flowers and vase included between an online delivery service and a local grocery store – there was a $30 price difference.
Don’t give mom too techie of gifts if she's not tech savvy – Yes, you may think that motion sensor device for your TV is the coolest thing ever, but if mom is not particularly into tech gadgets, there’s a good chance it’ll end up just sitting in the closet unused.