It's almost Christmas! How do you control Spending?

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Mommyin0406080912's picture
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It's almost Christmas! How do you control Spending?

It's almost Thanksgiving and everyone will be gearing up for Christmas! How do you control your spending around this time? Did you start buying already during the year? Are you a black friday shopper and get it all done in 1 day?

How do you budget? Share some tips!

Mommyin0406080912's picture
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I am not a big black friday kind of person Smile Do I really want to wait in line for hours for that great deal and when I get my turn to grab one they are all gone? NO! Smile

I should shop year round for clearence items and what not but I don't and I have no where to store items. With a large family if there is open space something is wrong!

In our house we don't think Christmas is all about gifts and who gets the best one and the most! Christmas to us is about family!

We do 3 gifts for each child. Something Fun, Something they need and a new outfit. Something fun is a toy something they really want and pick out. Something that is more expensive that they won't get it during the year. Something they need could be books or shoes etc. And a new outfit the whole thing pants, shirt, socks, underwear!

We also do stockings but only a few things in there. Hubby and I don't buy eachother a gift. But this year we are getting a family gift of a Wii. Aren't we fun! LoL

We budget 300 for gifts for the kids. Last year we didn't even spend that. We have no other family to buy for so its works out good.

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We budgeted $10 a month for stocking stuffers and picked things up when we found rthem cheap

Mommyin0406080912's picture
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That is a good idea to budget per month all year long!

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We set an amount of money we will spend for each child and stick with it, usually one or two gifts per child. We believe in doing Christmas very low key. To us, it's not about the stuff., so we save the big gifts for birthdays.

ange84's picture
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"Mommyin04060809" wrote:

That is a good idea to budget per month all year long!

We also picked up DS's big gift when we found it on a massive clearance sale. With the stocking stuffers we never ended up spending anywhere near our budgeted amount either.

Mommyin0406080912's picture
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It is also a lot easier to shop for 1 child. Shopping for 4 and next year 5 is going to be nuts! We don't have a lot of extra storage space so it would be hard to hide gifts during the year for us. We are going to be moving into a 5 bedroom home with a lot more space so maybe next year that might be an option for us!

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I agree on shopping for 1 is easier, storage we are good on though, our house is huge (it was once two small houses which have been joined together) and we have a lockable granny flat downstairs which in future years we can use for storage.

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We always have a set amount that we're willing to spend that we stick to and don't go over. I try to Christmas shop throughout the year so that it's not as huge of a hit this time of year (although with a pregnancy that made me really sick for most of it, and then having the baby, I pretty much failed at that this year!) Whenever I'm at Target I walk through the dollar aisle because I've found great stocking stuffers there. Walmart is another good place to keep an eye out for fun little stocking stuffers throughout the year.

We have some great consignment sales around here that happen twice a year- spring and fall. In the past, I've gotten all or almost all of DD's Christmas shopping done there. I didn't this year because I was 19 weeks pregnant and constantly sick to my stomach during the spring sales, and the fall sales were one week after I had the baby!

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We have tried to be reasonable about gifts -- something to play with, something to read, and something to wear are our categories.

That being said, this is our first Christmas since DS was diagnosed with cancer. I know I'll have a hard time not getting him EVERYTHING he wants.

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When the kids were smaller, we'd let them pick out what they wanted for Christmas, then putting it away until Christmas eve, when we'd wrap it and put it under the tree. (We don't do Santa.) Last year, we bought the older boys something they had asked for and knew they were going to get. This year, the big thing they wanted they bought with their own allowance money and want a surprise under the tree.