I planned on writing Part 2 on Friday, but did not get the chance to, so it’s later than I planned. You can find part one, right under this post on my main page, or just click here.
In Part 1, I talked about how we handle Christmas Presents for my husband’s side of the family. So this post is about gifts for my side of the family. The reason we have to do things differently is because there aren’t so many individual families on my side, so there’s no need for gift baskets!
The past 2 years, I had gotten gifts for each family member, but kept them at about $30-$40. This year, we have decided to do Secret Santa, but exclude my 2 youngest sisters (11 and 12) and my 2 year old niece. So we will get gifts for the 3 of them plus for the person we have for Secret Santa. We have a total of 5 gifts to buy, and if we were getting them for each person we’d have 10.
We’ll also be attending a Christmas party, so we have to get a couple of $15-$20 gifts for that. The main thing to keep in mind about having and attending Christmas parties is to create a limit for the gifts and do some sort of fun gift exchange game. You’ll be more excited about the party if you spend less money, and you’ll have a great time exchanging gifts.
Being frugal and sticking to a budget at Christmas time doesn’t have to be hard, if you create a game plan, and stick to it. Even if you’re not a very organized person, you can talk to your family members or whoever you’re exchanging gifts with, and create a limit so everyone stays on budget.
And if you’re wondering how much me and my husband spend on each other at Christmas, nothing at all. We buy what we need when we need it, so there is no sense in buying stuff at Christmas as well (when we’re already trying to stick to a budget). We were talking about getting a good camera for me, but it doesn’t have to be a Christmas present. We can buy it next month or the day after Christmas for that matter. The main thing is, we will still buy it, just when things are less stressful.
Thanks for sticking around through this long post. Hope it was helpful and gave you some ideas on saving money on Christmas presents! And if you have some you’d like to add, please do in the comments! And once the holidays are over, tools like these can help you manage your money in the New Year!