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Christmas Gifts Will Rob You Dry
They’re both tired of how expensive the holidays are, so they are literally running away for the holidays to avoid having to get gifts for all of their friends and family.
There is an easier way to avoid paying for Christmas gifts by implementing boundaries and saying the popular word “NO.”
I stopped buying gifts for others several years ago because I no longer saw the point, and it was ultimately a waste of my financial resources.
When I did buy Christmas gifts, here’s what I did:
I set aside a specific amount of money each month starting in January for Christmas gifts.
By the time Christmas rolled around, I had a nice lump sum of money to give to others via gifts.
If you strongly desire to maintain a tradition of gift-giving, try this out. It’s worth a shot, it will prevent stress, release anxiety, help you avoid getting into debt, and also ensure you’re financially prepared.
Or you could try this instead
By the time Christmas rolled around, and I saw how much money I saved, I started to question whether or not I desired to buy as many gifts as I originally planned.
Were these gifts truly adding value to the lives of the people I gave to? For the most part, the answer to this question was no.
After a while, it became more tempting to invest this money and continue giving to others regularly, which trumps Christmas any day.
Do I ever give Christmas gifts now?
If I give a gift, it’s usually to my baby sister, and that’s about it. Every now and then, I make exceptions, but I ensure the gift will be utilized and has the value it can provide to the person.
I no longer save money in advance for the holiday.
I don’t waste money on buying yearly Christmas decorations.
I don’t waste money on buying all of the seasonal holiday treats.
Give the holidays new meaning
The holidays are for family, relaxation, and yourself.
Christmas today has become something different, more focused on consumption, frequently leading people into debt.
A woman told me the other day she can’t sign up for a certification program she needs to progress in her career because she spent all her money on Christmas gifts.
So, instead of choosing herself and her career, she chose to give meaningless gifts.
She could’ve focused on elevating her career, which would lead to an increase in income, so she could buy gifts for other people whenever she wanted.
Choose wisely.
This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.