Maybe I’m simple, but I don’t understand the whole Black Friday mania, I mean, doesn’t Christmas come every year on the same day?
Does it surprise people to get to the day after Thanksgiving to find that CHRISTMAS is coming?
If people bought a couple of gifts for their Christmas list every month during the year, they’d get great sales prices (there are sales all year long), they’d be ready for Christmas in plenty of time to actually enjoy the season, and they could be thankful that they won’t be out on the road with a billion people who think their shopping needs supersede everyone else in the stores!
A little bit of forethought saves tons of time, money and aggravation! From Diane Tegarden, Author of “Budgeting on a Dime- 10 Steps to Financial Independence”
6. Use gift bags instead of wrapping paper to save on the expense of something that will just end up in the trash.
7. Put aside at least $10.00 to spend after Christmas for seriously marked down wrapping paper, gift cards and Christmas cards.
4. Before Christmas, have a lottery where all the family’s names are placed in a bowl and each member of the family draws one name to buy a gift for (this reduces the number of gifts you have to buy). Set a dollar limit on the gifts and make everyone stick to the limit!
5. For friends and co-workers, give gifts of home-made food (jam, cookies, brownies, etc.) in an attractive basket. My specialty is homemade cranberry sauce (killer-good!)
2. Have the kids create short Christmas plays to entertain everyone.
3. Copy the lyrics to Christmas carols and have a sing-along.
I know, I know, it’s too late to do anything about overspending this Christmas, but maybe, if you plan it out, next Christmas won’t be the final nail in your financial coffers!
For the next few days, I’ll post one suggestion a day:
In lieu of individual family gifts, have a family party where each family brings a food dish, a specialty Christmas food that you enjoy and swap recipes.
Ten Tips on How to Avoid Arguing About Money(#4)
Ok, I’ll admit that #8 is a tough one, but it will save you hundreds of dollars in debt over the years and refocus your mind on what Christmas is really all about!
7. Join a credit union.
By joining a credit union you can earn more money than if you have your checking or savings at a regular bank. Also, once you establish a relationship with your credit union, it will be easier to qualify for a loan, if you need emergency funds.
8. Set a limit on your Christmas spending.
Every year people get themselves into deep credit card debt at Christmas and are still paying off those debts when the next one rolls around. Sit down and talk about who you want to buy gifts for, and set realistic limits on the amount you will spend. Stick to it and you’ll be much happier on New Years Day.
Be creative, you can do this!!!
For a more detailed explanation of how to attain your financial freedom, order “Budgeting on a Dime” by Diane Tegarden at her company’s website, FireWalker Publications, Inc.
May You Never Thirst,