Tuesday, November 23, 2010

Saving Money This Holiday Season





The Holiday Season is upon us and that means spending more than we have.  That has been the theme for many years.  It is time to break free and and not participate any longer.  This year why not try something a little different.  Something that does not add undue debt to you.


This year my family is doing handmade and or recycled gifts.  The rules are pretty simple, either you make the gift or you buy it from a thrift store or flea market.  You can also give something that you already own.  All of the kids are now old enough to finally appreciate the fact that spending money you do not have can cause problems.

Another option is to set a cap on spending for gifts.  $5.00 to $10.00 is a great price range.  This will insure that no one gets any more or any less than anyone else.  By putting a cap on spending you are being responsible yet making the gift buying a little bit challenging.  There are several different Dollar Stores out there that have many fun gifts.

2 comments:

  1. This is a great idea! I'm gonna have to try this with my kids this year. I'm now a single mom and with kids who are almost 12 and 13 they are getting invited to more and more birthday parties, too. I think doing this would not only save us money, but teach the kdis about spending. They are at the age when they are wanting money every few days!


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  2. Thanks for the comment. Good luck and let us know how it turns out.

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