Managing Holiday Expenses: Creating a Meaningful Holiday to Remember - Part 5
Is holiday spending on your mind? Have you been budgeting all year or will this just go on the card again. How is that working for you? Let’s take a look at what the reality tells us.
Carol Ebert, MSN, RN
36 Articles; 207 Posts
In addition to the obvious expense of gift giving, there are many hidden costs to the holidays. This list will help bring them to your attention.
1. Put a check by your customary holiday expenses.
__ Buying gifts
__ Craft supplies
__ Gift-wrapping expenses
__ Mailing gifts
__ Higher phone bills
__ Extra dry cleaning
__ Paying for services such as carpet cleaning, window cleaning, general housecleaning
__ Higher food bills
__ Travel expenses (car expenses, airplane tickets, hotels, pet boarding, etc.)
__ Loss of paid work hours
__ Extra linen, bedding, etc. for company
__ Higher entertainment costs (videos, theater tickets, etc.)
__ Decorations for the tree and house
__ Tree and other greenery
__ Candles
__ More convenience meals during the preholiday rush
__ Greeting cards
__ Postage stamps
__ Alcoholic beverages
__ Catering
__ Flowers, centerpieces
__ New holiday clothes
__ Childcare
__ Holiday tipping
__ Donations to charities
__ Other
2. Estimate how much you or your family spent on all of the above expenses last year. $_____
3. Do you ordinarily stick to a holiday budget? __ yes __ no
4. If you have a partner, is there clear communication about holiday spending?
__ yes __ no
5. Who makes most of the holiday purchases?
How helpful was this list for you?
More videos in this series
#1: Steps to a Stress-Free Holiday
#2: Checking your To-Do Christmas List Twice
#3: Family and Friends
#4: Your Holiday Fantasy
#5: Managing Holiday Expenses
#6: Holiday Traditions
#7: Appreciating the Spirit of the Holiday
#8: Gift Giving
#9: Children and the Holidays
#10: Holiday Self-Care
#11: Holiday Values
#12: Creating Your Holiday Plan