2. Buy only what is necessary

Plan your purchases in advance according to your budget and establish priorities. This will prevent you from falling into 'hormiga' or unnecessary expenses. Remember: even though it is a holiday season, it does not mean you should spend all your money.

3. Keep a spending diary

Identify savings opportunities and keep track of how much you've spent - the key is always to know your finances accurately!

4. Pay cash

Avoid debt. Use the money you have at the moment, that you have already budgeted and that will not involve a debt in the future.

5. Take advantage of bargains

Bargains are a great opportunity to buy what you need or gifts for your loved ones at more convenient prices. Also take advantage of gift cards. An extra tip is to always check what you are going to buy in different online stores, compare prices taking into account shipping and choose the best option.

6. Give secondhand a chance, while giving back to the planet

Know the offer of second hand stores in your city, as this will allow you to find items in very good condition, exclusive and with very competitive prices.

Translated by: A.M