Holiday Financial Compromises

The spirit of giving during the holidays can sometimes get out of control and have you giving more than you can afford.  There are some shopping and giving strategies that can maximize your generosity without overdoing it financially.

1 – Make a list of everyone you want to give to, the maximum you’d like to spend on that person, and two or three gift ideas in that price range. 

2 – Look online and in the newspaper for where your target gift items are.  Make a note if it looks like they’re on sale at a particular store.

3 – Don’t go shopping without your list.  Check off each person as you’ve got them covered.

4 – If you have time to make some items, do that.  Lots of people love baked goods and personally made crafts.

5 – Consider some “personal service” gift certificates.  For instance, give someone a gift certificate for a home cooked dinner, being their valet for a week (picking up dry cleaning, shopping, etc.), or fixing some items in their home. 

The people you love and want to give gifts to during the holidays don’t want you putting yourself in financial hard times.  Don’t let yourself slip into that holiday trap.