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Wining may not get you many gifts from Santa, but it could save you a penny or two!
It’s no secret that the holidays are associated with the “wow, I wish money grew on trees” mentality. Consider the expense of travel, gifts, perhaps new attire for the office Christmas party, decorations and even an increased electric bill thanks to that light display that makes Times Square realize it has met its match. The National Retail Federation found that holiday spending continues to increase year after year and that last year, on average, shoppers spent just under $1,000 during the holiday season. To be exact, adult shoppers ages 18+ average $805.65 on gifts, greeting cards, food and decorations and complete, on average, 50 percent of their shopping online.
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Finding ways to trim your budget without sacrificing quality can really improve your holiday experience. Why not do it with wine? We here at Benzinga sipped on a few, and here are our winning wines under $5.
5 Under $5
1. Three Wishes: MerlotFor just $3 at Whole Foods Market, Inc. (NASDAQ: WFM), this wine is on the lighter side with a touch of tart fruit flavoring.
2. Three Wishes: Pinot GrigioAlso for $3 at Whole Foods, the Grigio is a bit balanced between sweet and salty with hints of floral and fruits.
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For $3.99 at Fresh Thyme, this pour tastes of blackberries and currants and has a firm texture.
4. Charles Shaw: CabernetFound for $2.99 at Trader Joe’s. Dry with a fairly dominant fruit flavoring.
5. Tisdale: ChardonnayThis medium bodied wine has a blended taste of citrus and pineapple. Found for $4.99 at Fresh Thyme.
Many stores, like Kroger Co (NYSE: KR) and Fresh Thyme offer additional discounts such as a percentage off when you buy a certain number of bottled wines. Whole Foods offers 10 cents off of your purchase when you bring your own grocery bag.
While it is important to note that prices may vary depending on a store’s locale, with the high quality taste of these wines, you sure would be fooled into thinking they are high-priced.
So, go ahead: Swirl, sniff and sip your way into the holiday season without the financial guilt.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.