Q: Holiday Budget.

lilywow
182
  • 1) What is your holiday budget?
 
  • 2) Do you ask the recipient what they want, or do you buy what you think they would like? 
 
  • I try to keep my holiday budget between $500 and $600.I like the idea of putting thought into a gift, so I buy the receipient what I think they'll like and I have been good at it.
 
  • When it comes to kids, it's a different story. I ask the parents of the kids for a  few items on their list and get 1 for each kid.
lilywow (rep: 8.31k) posted Dec 22, 2012
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10 Comments
dealwagger
I don't budget for it, but I like to buy things when they are at a killer price and stash them for whatever occasion is next (B-days, Xmas, etc). Hubby's getting a photo mug that I bought in November when it was free from Shutterfly, just pay shipping and some body spray I bought with a Victoria's Secret coupon in September. The kids have presents bought at 50% OFF: Walgreens Black Friday sale in November and Target toy clearance in July, etc. :)

If I don't do that, I end up rushing around trying to find something cheap and it's so much harder to pick something I think they'll like.
dealwagger (rep: 10.2k) posted Dec 22, 2012
10
lilywow
I do the same, especially when I have DP. Last year right after Christmas, I got a killer deal on precious moments ornaments. I bought 9 of them. Kept 4 for my tree and gave the rest away.
lilywow (rep: 8.31k) posted Dec 22, 2012
10
gangstabarbie
I don't have a budget. I just buy, buy, buy!
gangstabarbie (rep: 9.65k) posted Dec 22, 2012
20
lilywow
That works too as long as you are not overspending
lilywow (rep: 8.31k) posted Dec 22, 2012
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Acidbaby
I do go way overboard on the kids for Christmas and budget for it but I also only get them things that I know come February will still be used and not a bunch of useless things just because they were great deals.
Acidbaby (rep: 6.84k) posted Dec 22, 2012
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xptrish
Budget? We're suppose to budget? !!!
LOL Just Kidding.

I really never do an actual budget,I know what I have at any particular time while shopping and buy what I can on each trip.

Frustrating asking my kids (the older ones 24-30 The younger one,6 years old is different) they always say "nothing"

Which doesn't help because they know they're getting something,I'd much rather buy them something they want or need, I don't like giving gift cards alone.
I think part of Christmas is the opening of gifts and the anticipation of what's inside that is part of the spirit of Christmas.
You get so much more joy from seeing their faces light up or the surprise of delight upon them opening the gift.
xptrish (rep: 66.2k) posted Dec 23, 2012
30
munkin2u
I make $425 a month. My budget is very small, so I try to get useful things for my son and others.
munkin2u (rep: 1.25k) posted Dec 23, 2012
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lilywow
@xptrish - I setup a Christmas fund and whenever I can, I put some money into it and it accumulates throughout the year. I am opposed to gift cards, but I have given in for the teenagers because they want what they want.
lilywow (rep: 8.31k) posted Dec 23, 2012
10
dealio23
Every year, I go into the holidays with the intention of not overspending, but I always end up overspending. However, I usually find some great deals on Black Friday and sell the stuff on Ebay or Amazon to make a little extra spending money.. :)
dealio23 (rep: 3.05k) posted Dec 23, 2012
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lilywow
@dealio - I hear ya. Sometimes it just feels good to give, it doesn't seem to matter what we spend, as long as we find the best gift
lilywow (rep: 8.31k) posted Dec 24, 2012
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