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.

Updated:   Published

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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

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