How much are you budgeting for this Christmas holidays spending?

Martinsx1 Level 1

December 22, 2018, 6:58 am

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How much are you budgeting for this Christmas holidays spending?

No matter how much you try to cut down on your expenses during Christmas holidays, it proves to be a tough job because whether you like it or not, you are definitely going to be forced to spend more either on gifts, food, wears, transportation etc.

In the wake of every Christmas season, how much do you normally budget for all your spending?

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Enyi

Enyi

Spending is inevitable during the Christmas period since it period of merriment and funfare it's a season of love where we get to share gifts and just want to put radiating smiles on the faces of our friends,family and loved ones and I always believed no money is too big or small for a period like this. Well I do budget between $300-500 though sometimes it even exceed that.

5 years ago

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Vinsanity

Vinsanity

I agree with you. The fact that you drew smiles on their faces is enough for you to know that the money you spent, no matter how much it was, was worth it.

5 years ago

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Youngshark

Youngshark

One way or the other one has to spend some cash regardless of the amount that it is to get to the location where other family members are located maybe for a festival or anything of that sort. WIth that comes the buying of gifts.

5 years ago

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Kakashi2020

Kakashi2020

Right now Zero, actually I'm in the negative zone right now financially and there's 2 days to go before Christmas. I spent all my money buying gifts and holiday supplies. I'm running on plastic right now, probably gonna spend atleast another $400 on credit until New Year.

5 years ago

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Jelineex

Jelineex

I grow up without practicing gift giving except on Exchange gift for Christmas party at school. I am imparted with the values of giving cash gift on charity institution and giving foods or groceries on our neighbors. The budget aren't that hard to handle since you can allocate specific amount. Unlike, adapting traditional gift giving with the whole clan would be a problem especially if you run out of money. I know the importance of gift giving especially on this occasion. But sometimes I find it unnecessary to give my family since they have something on their own. It's best to share it with person who has nothing. I am glad to make them happy in one special day with their family.

5 years ago

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cjctm11

cjctm11

Your intentions are so good and being so practical and caring for others happiness but you could also give something to your family so they could feel the spirit of Christmas no matter what it is. It doesn't matter that it requires some cash, you could share your efforts by helping them with these king of busy season.

5 years ago

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Jelineex

Jelineex

I don't have any guilt feelings when it comes to my family since I always render services to them. They have recognize my effort and I appreciate it. There are also instances that I brought unexpected presence for them with or without occasion. They knew that when I have something I share it with them.

5 years ago

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dullian

dullian

This Christmas, due to financial constraints, I won't be spendig a lot. I was able to make some gifts early this month, so that should count as Christmas gift for others. I'm more interesting in Christmas dinner and would like to spend more on that.

5 years ago

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Alania

Alania

To be honest, same as always. We don't use a holiday as an excuse to give ourselves gifts and spend extra money. As a matter of fact, oddly enough, on holidays we spend the least, because we know that shops are full with people and we don't have to wait in line for too long.

5 years ago

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Carrascoshiela

Carrascoshiela

A month month salary which i saved for the whole year. I budget it to but gifts for everyone and then purchase food at home. But watever what was left from my saved up money I will take it back to my savings account then start saving again for the next year's holiday season.

5 years ago

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Barida

Barida

This is pretty nice. I think that it is one way that we can ensure that we don't over spend. Having some set of plans that we want to execute during Christmas is something that is necessary for us to enjoy a better Christmas period.

5 years ago

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Carrascoshiela

Carrascoshiela

Wow! Thank you. My friends thinks that I am quite tight about budgeting my expenses. I jusy dont want to do last minute of everything specially when it comes to money. It is always nice to be prepared than to be experience shortage during the holidays.

5 years ago

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cmoneyspinner

cmoneyspinner

This comment has been split into a new thread here.

5 years ago

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Barida

Barida

I am hopeful of spending less this Christmas period. The season will always come next way and this is one reason we ought to ensure that we plan things in the best possible way so that we can start the next year in better condition.

5 years ago

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NikSuks

NikSuks

Everyone is spending money when festive season comes. Some spend more than the others. Sadly, my budget this year is the worst one in years. Yes, I had some jobs but I have to save for my holiday so I will not spend much for Christmas and New Year Eve. Roughly, I would say that my budget is around 50 or 60 dollars.

5 years ago

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Vinsanity

Vinsanity

As much as possible I tend to tightly budget my money whenever I go to parties, reunion with former classmates and going outside with friends. I always see to it that whenever we are about to eat, I always show them and persuade them to eat in what I think is a budget friendly restaurant. I know that spending much during the Christmas season cannot be avoided. Still, it is a good investment because you get to be happy and build stronger connection by spending your time with your family and friends.

5 years ago

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cjctm11

cjctm11

You have a good point. You are building for a long last relationship with your friends, because that relationship could last long and not for a short period of time whether christmas season or not, they would always remember you.

5 years ago

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NerdIndeed

NerdIndeed

I'll probably spend about $200 on Christmas day itself. I have a lot of godsons and goddaughters to entertain. Plus, my mom, she's the one who's going to take a considerable share of that budget, haha!

5 years ago

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diolola456

diolola456

I'm a wise person and I want to spend my money in a good way today I buy in lazada because of the cashback event and also to give my daughter's gift for Christmas day in this week I spend the money over 200$ for Christmas gifts and I wish also that somebody will gift me ahahahhahah.

5 years ago

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ivandelrey

ivandelrey

Not much, probably the same as any other month because I don't pay attention to holidays and because I only spend money for myself during the holidays and I take advantage of the discounts/sale everywhere which helps minimize my holiday expenses.

5 years ago

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Alania

Alania

Yeah, my thought exactly! We would spend the funds for our family and our quality time, but we wouldn't do something that will make us regret the next time, in terms of finances. I despise sayings like: "yolo", because you gotta think of your future self and those who surround you as well.

5 years ago

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ivandelrey

ivandelrey

Right! I'm not really a fan of that "YOLO" thing, the future is unpredictable. I hate spending money on things that I know I don't need or won't need 2-3 years later. I always keep in mind to spend money on things that are important and that will add value to my life.

5 years ago

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cjctm11

cjctm11

Spending was part of our daily lives but we usually spend a lot on Christmas season by buying those gifts for love ones or groceries for a feast at night. I am also a spender when this season comes and I only have those target budget for specific items and I wouldn't buy if the price goes beyond my target.

5 years ago

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amelia88

amelia88

I'd say I spent about $500 all up on gifts. It's crazy these days how a few things already start seeing your budget rack up pretty substantially. Thankfully I had a few gift cards that I accumulated throughout the year that I used to offset some of the presents cost. That definitely helped! I try to start putting aside a bit of money for Christmas each week, right as the new year starts. That way the cost is much more manageable.

5 years ago

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knnon

knnon

You're right! Putting off a bit of money in preparation for Christmas shopping is a good way to make sure you don't get to overspend and be penniless on Christmas. Another nice thing about it is the added budget, which means everyone gets a gift. I'll try and do that this coming year.

5 years ago

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stbrians

stbrians

Putting off a few money for the new year is the best thing and how much money you spend on Christmas .if its manageable well and good

5 years ago

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jessie271

jessie271

During Christmas season, I really spend a lot. I spend on food, gifts, vacation etc. I don’t really care about money during times like this. For me, being with your loved ones and enjoying every minute of it is the most important thing and not the money. The “happiness” you feel cannot be bought by money. So for me, even if I have to spend a lot, it’s still worth it.

5 years ago

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stbrians

stbrians

The day is an awesome one to be celebrated by friends and loved ones..yes you may have less money to celebrate this day but where there is love there is happiness

5 years ago

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overcast

overcast

I am hoping to spend the money on the food and the gifts. And the rest of the money should be gone to the saving. And the thing is that investing in this time and then getting the interest later should be the priority. You can see that budgeting does not always works out for many. I hope that near future I don't have to worry about the finances and I save enough money that can help me out in such season.

5 years ago

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stbrians

stbrians

Sure its a one day thing and all we need to understand is to spend our cash wisely since we are having January that awaits us with its duties

5 years ago

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overcast

overcast

Yes a lot of money is being spent around the world. I think in January a lot of people are going to be spending less for next few months. But during the christmas there is going to be a lot of spending for sure. It's good to see people happy gifting each other though.

5 years ago

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Em14

Em14

In this season, no matter how hard is your effort to budget your money it will always end up buying anything and realize that its almost broke your wallet.

5 years ago

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knnon

knnon

Budgeting and spending wisely goes a long way during Christmas season. I always take note to not spend more than what I've set for gifts. Of course there are times when I save up a lot when I buy gifts extra early. Of course those gifts are the ones that can be stored for months without getting damaged. Buying earlier of course helps with avoiding Christmas rush and the ridiculous prices soaring during the holidays.

5 years ago

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astraherondale

astraherondale

As a student, my Christmas budget is usually very minimal. Around $100 is usually enough for all the gifts I'm buying, including the "splurge" items I buy for myself. I save up for Christmas using my allowances since I don't like depending on my parents too much.

5 years ago

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MelanthaKrasos

MelanthaKrasos

I find it hard to save during this season. That's why I'm would look for extra income aside from my regular work. I make it a point as well to follow the formula pay - saving = expenses. This allows me to list down all expenses needed and strategize where to look for lower cost merchandise without sacrificing quality.

5 years ago

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burgosmichael24

burgosmichael24

Christmas is a season of giving and sharing. Christmas is the most awaited time of the year especially for children and for those who have Christmas bonus. It is true that spending in this season is inevitable. However, I always make sure that I don't spend way beyond my capacity.

5 years ago

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mhingnhormz

mhingnhormz

How much are you budgeting for this christmas: This christmas we just celebrate it in a simple way because I am not with my family I will celebrate it without them but I am with my partner in life we plan to celbrate this christmas simply but memorble too becauce we are also in preparing for our coming new blessings nextyear, so we do savings now than spending.

5 years ago

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stbrians

stbrians

We do not have a fixed budget for christmas ..but since its a special day and a day to merry the kind of cash to be used isn't a big deal since its only a day we don't need to be so stingy about the day

5 years ago

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stbrians

stbrians

How much you spend on this day isn't a big deal what matters a lot is the good relationship and love shown on this day..sharing meals and drinks together is an awesome thing

5 years ago

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esteban123

esteban123

I think I will just be spending at around 300 dollars this Christmas as I still need to budget for the new year's celebration. I know that I would be spending a lot this Christmas season since I have many children that I am giving some gifts to make them happy since Christmas is all about giving. It is good to allocate some money this Christmas so that it would not result to overspending which is something that I am trying to avoid for now.

5 years ago

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Kakashi2020

Kakashi2020

It's the morning of the 24th of December and were preparing for tonight's Christmas Eve Dinner. After all the preparations, we will go malling until about 7pm then go home for a Christmas Feast. So that means I'll have to spend about $50 - $75 in the mall and for gas.

5 years ago

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Corzhens

Corzhens

I cannot say how much I budget for the Christmas holidays but I always have my list of gifts to buy and cash to give. In our tradition giving cash for Christmas instead of a gift is acceptable and some people prefer the cash so they can buy what they want. Without a list of the people that I will give can be a disaster because the list contains he amount of budget so that I will not overshoot when I shop for the gifts.

5 years ago

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theresajane

theresajane

I am also always told to have a list of the things that I have to buy before going to the mall. It is because if I don't do it, I tend to overspend.

5 years ago

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ghednepo

ghednepo

I don't know how much my budget for Christmas holiday but i will list all my plans and i will make some computation about it

5 years ago

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esteban123

esteban123

I always make it a habit to have some list of those items that I need to purchase during Christmas day because it can easily help me to monitor my purchases and expenses. I need to budget my limited money because there are still the new year celebration that I need to cater aside from the Christmas season. I really believe that I would be spending more this month because of so much party and celebration that I will make.

5 years ago

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Kakashi2020

Kakashi2020

It's December 27 and I just celebrated my Birthday yesterday with my friends and relatives and that means 4 bottles of Grey Goose and Cranberry Juice, and 20 lbs of barbecue and a birthday cake.

5 years ago

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Rathiel

Rathiel

I've figured that I'd set aside maybe 15% of what I made during the last month for holiday expenses. As much as I want to splurge for gifts and whatnot, expenses aren't going to magically disappear just because it's Christmas. It's always prudent to have some money set aside for emergencies.

5 years ago

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ghednepo

ghednepo

I think zero because i don't like to waste money in this little things

5 years ago

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