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Have a stress free Christmas – control your spending


Christmas is just around the corner. Typically it is one of the most stressful events of the year. With the added    expense of buying gifts, last minute shopping and the heightened expectations of family togetherness all combine to undermine our intensions for a happy relaxed and peaceful Christmas.

Here are some practical suggestions to help you reduce your Christmas stress.

 

Presents

  1. Count up the number of people you give presents to, decided on the amount you will spend on each person, total and then divide by the number of weeks until you do you shopping
  2. Make a list of who you buy presents for, ideas on what gift you would like to buy them and look for special during the year.
  3. Consider buying presents only for the children in your family
  4. Have a Kris Kringle, where everyone draws a name from a hat and buys a present for that person only. Set a limit on the cost of the present.
  5. Buy a family gift i.e.: Family ticket for a trip to the zoo

Christmas Lunch/Dinner

  1. Decide on your menu, amount and type of drinks you need. Total the costs then divide by the number of weeks until your need to purchase
  2. Decide on your menu and purchase non-perishable items through –out the year. Roasts can be purchased in the later part of the year and frozen until Christmas. Buy your fresh food items a week or so before Christmas
  3. Arrange a buffet lunch where everyone brings a platter and their own drinks

Holidays – Plan well in advance!

  1. Decide where you are going, calculate the costs make sure you include travel costs, food and entertainment for the time you are away. Divide this amount by the number of weeks until your holidays.
  2. Consider staying at home and doing day trips to entertain the children. There are many places that provide free entertainment for the cost of an adult ticket. Check your local papers and Google for ideas. Pack a picnic lunch. Remember to consider your travel costs
  3. Pack a picnic lunch and go to the park or the beach for the day

Sadly even with the best intensions many people will struggle with Christmas spending and over spend on their credit cards.

GM Mortgage Services, have implemented a 5 step plan to empower you to work toward financial freedom and NOW is the time to get your money management plan in place so you can have a stress-free December AND January as the kids return to school.

So, for those of you who don’t want to find yourself stressed and wondering where you’re going to find the money to pay for school fees etc give me a call to learn more about our special December and January offers on my money management programs.