Around this time of year, it becomes easy to start shelling out money left and right. You’re baking for the kids, buying gifts for the neighbors, and before you know it all those little things can add up. There are a few things you can do to really take charge of your budget this year and help you keep some of that cash in your wallet.
- It can be easy to fall off the E-Mealz bandwagon around this time of year, but remember this is the most important time of year to stay on budget instead of running through the drive through.
- Determine a budget for your Christmas spending and don’t go over it. It’s simple, if you can’t afford it, don’t buy it.
- Think about frugal gifts for your extended family, co-workers, and neighbors that you can make. Many times these end up making more of an impression than the coffee mug you picked up for your Aunt Rita. Check out Money Saving Mom’s post on some great homemade items you can make.
- Don’t give into the pressure to give to everyone. Choose a list of people that you will get gifts for and don’t stray from this list. It’s important you are giving from the heart, and not just from what you feel pressured into doing.
- Consider cutting back on the amount of presents you buy your children. Overspending and overbuying just leads to each gift not meaning as much and a sense of overindulgance. I’ve heard some parents say they just give 3 gifts to each child on Christmas. Many compare it to the 3 gifts brought to Jesus by the wisemen & then go through the true Christmas story as part of their tradition after opening their gifts. What a fun and meaningful way to celebrate Christmas morning!
- Find more ideas on how to choose sanity and saving this Christmas from Dave Ramsey’s website.