Even if you are taken care to masterfully perfect for your holiday budget, you may find that some unplanned costs still sneak up on you. From snacks gobbled up on long car rides to your parent’s house to foot after foot of gorgeous wrapping paper that makes your presents presentable, make sure you account for every single expenses this season. The more control you have over your spending throughout these festive months, the jollier your holidays will be.
GIFT WRAPPING – there is something deeply satisfying about having perfectly wrapped present nestled under the fragrant pines of your Christmas tree, unfortunately, wrapping paper, tape, bows and ribbons do not come free.
CREDIT CARD INTEREST – charging all your gifts to credit card may make sense especially if you earn points or percentage back for using it. However, not paying off your credit card in full at the end of the month makes you subject to interest.
BAGGAGE FEE – if you are flying factor the cost of baggage fees into your ticket, sometimes opting for the more expensive airline makes sense if they offer free baggage promotion. Another sneaky expense is baggage penalty fee which are incurred if you go over the per item weight or size limit.
ROAD TRIP FOODS – when people travel they always think about travel and lodging but may forget about food and entertainment costs. The best way to make sure you do not wreck your budget is to bring your own food if possible or shop at supermarket along the way and cut back on restaurants as much as possible.
COLD AND FLUE – getting the sniffles is no fun especially when you have delicious treats to eat and loved ones to spend time with. The more time you spend shaking hands, shopping and mingling with others the more apt you are to catch a bug.
First week of December is supposedly the final stretch of your Christmas shopping, that is if you start early. And by early I mean you started at the last week of September. But I know that most of us is not an early bird when it comes to Christmas shopping so probably we all are just starting at this time, cramming and panicking. If you are in this state already I suggest you just buy online (like on Reeds.com for Kendra Scott jewelry). Online shopping really comes in handy during this Christmas shopping stretch time. Hopefully we could accomplish all our shopping errands before Christmas.
Saving money is wise even when pinching pennies is it necessary as extra money can be put into savings for retirement or just a rainy day. Bargain stores are full of bargains, but some items might be in poor shape or outdated. However there are other sources of great prices on things like clothes, furniture and household goods, allowing thrifty shoppers to find good deals.
Garage or yard sales, scour garage and yard sales for bargain on clothing, electronics, household goods and more. People sale variety of items at garage sales usually for very low prices, providing an opportunity to save big.
Internet auction sites, find thrift store style bargains in the comfort of home by searching for items on internet auction website, like eBay. People auction everything from new and used clothes to rare antiques on the internet, making it possible to find just about anything.
Clothing swaps, exchange clothes and other goods with friends to get rid of unwanted items while receiving new ones. Invite friends and family members to bring clothes and other things they no longer want or need and allow people to trade and exchange items.
Keeping in touch with friends is a hard task no matter how you deny that it doesn’t. Let’s face it is hard to keep up with friends whom you don’t see very often. This has been my recurring dilemma with my friends, whom I love very dearly. They had been busy touring as a rock band and trying to make a name on the musical industry. I support them wholeheartedly that is why I bought them blue pearl exports at wwbw as a token of my support. But there are times that I miss them so much and I wonder if there will be a time that all of us will be tired of making the friendship work – hopefully not.
Christmas parties, Christmas gifts, Christmas dinner and Christmas guest all cost money each year. Sometimes we in our pursuit of the perfect Christmas, tend to go bit overboard in our spending.
Christmas time is bad time for going way over budget on decoration, gifts and other things. The first thing you need to do is to cut down your expenses during the holiday season to take a good long look at where you spend most of your money.
Check you shopping list very carefully. Don’t buy expensive trinkets for stocking stuffers. You will have to be selective, because sometime other stores or department store can be very cheaply made and fall apart easily.
If you are planning for Christmas party you will of course need refreshment and music. Depending on how many person you plan to invite, this could get very expensive. Buying food on sale is good idea as long as it is still fresh and buying inexpensive food and drink to begin with will help you with your budget as well.
Make sure when start planning for Christmas budget you stay on your budget and do not go even one penny over it. Look around to make sure you can get all you need without having to travel endless miles and waste a lot of gas.
Even your child develop into a young teen, he/she may not quite understand the power of money. If you haven’t really taught him that money does not grow on the trees, you know you need to sit him for a lesson of financial responsibility.
Show your teen how much items cost. Get her/him to estimate how much he thinks you will have left over after a trip to the grocery stores.
Follow your price estimation exercise with a saving plan. Show him that when he only have a little amount of money bill and want to buy a game toy cost higher than her money, that he need to save money to work up to making a purchases. Open a bank account together and explain the benefits of savings.
Give her some responsibilities to earn money to save. From helping to complete housework around the home and getting a job babysitting or car washing, show her that in order to save money she need to make money. Help her to create budget to keep track of her earning. Hard work will likely begin to show her how much hard work it takes to make enough money.
Show him how to make responsible options in what types of things he likes to buy. After a while he is able to make important decisions on his own as to whether or not there a bonafide need for the item. Reward him when he’s doing a good job or making strides to understand the power of the pocket.
Teach her how to make the right choices in the work she’s willing to do as well. Show her how important it is to work on larger household tasks or to take longer hours while babysitting to earn more money.