Make a Christmas Budget and Stick With It!

How are you doing on your Holiday budget?  Do you HAVE a Holiday budget?
Well if you haven’t yet, it’s not too late!

There are still two full weeks until Christmas and if you’re like me, you probably still have a lot of shopping to do.

If you are NOT like me, and your shopping is all finished, then you are the winner, and I want to be like you when I grow up!

The truth is, there is still lots of spending to do before Christmas, and wise spending will make the upcoming Holidays so much more enjoyable.  The goal is to enjoy a beautiful holiday without the nagging thought in our heads about how we are going to pay for the bills in January.  Instead, if we make a budget and spend within that budget there will be no worries or regrets.  
There should still be money set aside for post-Christmas sales!
Especially if you have budgeted that in, and there are not many things in life that can make a lady more happy than a GREAT after Christmas sale!  Am I right?

So, here is a list of things to consider when making your budget.  Decide on an amount that would be adequate for each category, keeping in mind which are needs and which are wants

Items For a Holiday Budget:
  • Gifts: list names of each person to buy for
  •  Stocking stuffers
  • Gift wrap
  • Postage / Shipping
  • Christmas cards
  • Photo
  • Holiday meals
  • Entertaining
  • Decor / Tree
  • Home improvements
  • Travel 
  • Christmas clothing
  • Charitable donations
  • Post – Christmas sales *my personal favorite!!
  • Fun stuff ie.  ice skating with the kids, holiday movies etc.
A few things to remember:
*According to financial experts, the money spent on Christmas should not exceed 1.5% of a family’s annual income.  
 *Always always keep track of every little receipt, so you can track where your money is going and how you are doing in each category.
*Be accountable and stick to your budget, because
a home that exceeds its needs may lead to financial bondage and come at the expense of spiritual happiness.  No fun.
So here’s my confession:
(and my quest)
I am afraid that I will have to get very creative with the budget if I.. no.. if “Santa” is going to be able to surprise me with this nice little stocking stuffer.
Wish me luck!!
Good luck to you too!  
Happy Budgeting,