Frugal ShoppingIf you want to save some money on your shopping and gift giving, you just have to know how to get great deals and where to look. I have recently become a little obsessed about frugal shopping in this economy, so I wanted to pass my tips along. Here is how to be a frugal shopper for gifts.

What you will need:

* Time to look for deals instead of doing last minute shopping and just hastily buying anything you see.

How to Be a Frugal Shopper:

1. You will need to take the time to look for sales and great deals. I have found that you always spend more than you should when you wait until the last minute to do your gift shopping. You end up buying the first thing you see and looking in one store only. You will need to allow yourself time to comparison shop in stores and online to find the best deals. This may see like a lot but if you do this with all of your gifts and save a few dollars on each, think about how much this will add up, especially at Christmas.

2. Look at dollar stores and the dollar spot at Target. You will be surprised what you can find, especially if you are shopping for kids. Some of these items seem a lot more expensive than one dollar, and your gift recipient won't know the difference. Kids are happier opening up ten small gifts instead of one expensive gift.

3. If you are going to do shopping online, sign up for email updates from store that you will be buying from. They will usually send you a coupon or coupon code for an amount off of your purchase. Then, use that discount to shop on a site where you can earn cash back on your purchases. Bing shopping offers cash back, and so does aisle 19 and inbox dollars. They offer a larger percentage during the holiday season, so you can get 8-10 percent of the amount of your purchase back in cash.

4. If you are really strapped for cash, organize a toy or gift exchange with friends. If you have friends with kids, they probably have lots of toys and books that their kids have grown tired of. Ask all of your friends to get those things together and you can all meet up to exchange them. Your kids will get new gifts for free and everyone will benefit.