Of course I had to ask.
I just finished a “Holiday Budget” presentation to the customer service folks at Verizon and had some very lively discussion.
Boiled down, the overall response had two themes; 1) if the money is there the kids will get what they want – forget the holiday budget and 2) money is feeling pretty tight so creative gifts and gift exchanges seems to be the name of the game this holiday season – there’s no way to plan.
So where does the idea of a holiday budget plan fit in? Actually in both of these themes, there was none. The approach was the usual rear-view mirror reactive method – pay close attention to the money available at the time.
If you’ve read any of my materials, you’ll notice the focus is BE PROACTIVE with your money. Create a plan that includes those periodic budget busting expenses in advance. It is possible to plan all those holiday expenses ahead of time and enjoy your holidays with less financial stress.
How are you handing the holiday spending this year?
Are you working with a solid plan? Staying conscious and mindful of ALL your spending – beyond the gifts and related expenses?
Do you have dollar amounts outlined for everyone? Are you sticking to that dollar amount even after being finished and suddenly finding that perfect gift for an additional $30????
Have a wonderful holiday season!!