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We've all gone gaga for a pair of socks or gushed over the bath towel Aunt Cindy brought back from her trip, but let's be honest; electronics are the gift everyone wants. According to the National Retail Federation, these coveted items are so in-demand they showed up on more than 35 percent of wish lists. In all likelihood, those who already have an Xbox or iPad wouldn't be disappointed to find another wrapped under the tree.

Though it's nearly impossible to go wrong handing out tablets and Blu-ray players, high prices will blow your budget to bits. To ease the impact this holiday season, try some of these tips for saving on electronics.

1. Haggling Helps
One of the most powerful tactics to use use as a consumer is walking away. It's amazing how quickly a steadfast salesperson discounts prices that can't possibly get any lower when you call their bluff. A recent study by Consumer Reports shows shoppers who haggled saved an average of $82, so clearly there's little to lose by at least asking. Read more