With Christmas upon us in less then two months we all need to start shopping and get a budget going. For those who are all done with shopping, I give you props, good job!
Here are some tips we all can use to help with our holiday spending
1. Decide how much your going to spend. Don’t go and get a loan for thousands for Christmas. If you don’t have the cash saved up don’t spend it. My fun tip is to put the money on a gift card. You pay $2.50 for the card but you know exactly what you have to spend.
2. Make a complete list of everyone if your family/friends that you are giving gifts to. This is from parents, grandparents, siblings, cousins, aunts uncles, babysitter, neighbors, mail carrier and the office gift exchange. ANYONE you would give a gift to write them down.
3. Who is getting what? My fun tip- To talk to your family about drawing names this year if money is tight. Set a amount limit on the gift that way its fair for everyone. Talk to your siblings about a combined parent gift and then all put in a certain amount. With my parents we buy a bigger gift for them that they can use.
4. Set the expectations with your children. My fun tip- Don’t go overboard. If you keep the gifts small your kids won’t be disappointed if they don’t get that big item. Family gifts are always good for this to. My husband and I do one family gift last year’s was the Wii and a game. We keep it simple since our kids are so young, they don’t need much, we get them a few books, 2 movies, 2 or 3 toys and clothes.
5. Keep track of spending. I know I have a problem with this, I see something and say “Oh, I can get that for this person” or ” that’s a good deal”.My fun tip- write down what everyone would like and stick to that list.
Here is my other fun tip-ask people what they need instead of what they want. There are a lot of needs right know and what a better time then Christmas to full fill that need. Have fun shopping. 🙂