The Christmas season is officially upon us. Black Friday has come and gone and we find ourselves getting ready for the season of giving!! There are gifts to buy for our kids, parents, siblings, hairdressers, school teachers and everyone in between.
One question we ALWAYS get is: How do we keep ourselves out of debt during the Christmas and holiday season?
Follow these 3 debt stopping tips – be sure to read through the whole post. We included an extra “bonus tip” too! Merry Christmas 🙂
1. Prioritize – make a list of each person you want to give to this Christmas season. Next put them into a giving category. Category A, B, or C. Category A are close family and friends. Category B are “not so close” family and friends. Category C are people who you think you owe a nice thank you gesture to like your hairdresser, teacher and dog groomer. Be sure to give each category of person a dollar limit and stick to it.
2. Get creative – The people on the “C” list are people you would like to pass on a sweet thank you gesture to. These are the perfect group of people to receive a creative gift. What about a nice plate of cookies, or a small gift certificate, or maybe even a nice homemade card with a thoughtful message. Remember, with this category along with the “A” and “B” category…it’s the thought that counts. Often time we think the more expensive the better but remember it’s the thoughtful gesture that comes shining through.
3. Shop online. Many online retailers offer free shipping and free gift notes. Be sure to order early enough and your package will arrive on time.
Don’t spend unnecessarily. Don’t shop for gifts and items that you need at the same time. It is to easy to convince yourself that you “need” an item because you are in a giving mood.
Final thoughts: We hear about so much arguing that goes about gift giving. Please, please, please get on the same page about what you are going to spend together this Christmas season. Make this Christmas the NO FIGHT ZONE!!
So there you have, 4 tips all wrapped up with a shiny red bow. We would love to hear any other suggestions you have to stay out of debt this Christmas – just comment below!
Make this a wonderful debt free, fight free Christmas Season this year.
Scott & Bethany Palmer
The Money Couple