Budgeting for the Holidays-Fun Strategies
Are you ready to do more with less this holiday season? There are many ways to handle budgeting for the holidays. I tell myself every year I’m going to save up or shop early and it never fails, life intervenes and my budget is shot. Sound familiar?
Here we are just 2 months out. There is still time to plan! I’ve have been searching the internet and asking friends for ideas on ways that they spend their holidays, and surprisingly, most of their favorite gifts don’t cost anything, or at least not much. There are so many ways to celebrate the season, you don’t have to spend a lot of money! *This post may contain affiliate links. This means, at no additional cost to you, we will earn a small commission if you click the link and make a purchase.
Here Are Some Low Budget Suggestions
The 4 Gift Rule
I’m sure many of you have heard of the 4 Gift Rule. It goes like this. You tell your family that they will each receive 4 gifts this year: something they NEED, something they WANT, something to WEAR, and something to READ.
If you don’t want to do just 4 gifts. You can do variations and/or additions to this rule which can be: a gift to MAKE, a gift to EAT, and ONE more thing. Of course, any variation of this is great! The 4 Gift Rule can really help your budget and also help your child focus on what’s important and what they really want.
My family had our own gift giving tradition. Since there were 3 Wise Men that visited baby Jesus, that meant that there were 3 gifts. Our boys each received 3 gifts for Christmas while they were growing up from both us and Santa.
Now, obviously, the gifts are just from us, no more Santa. This is/was great because it really limits the amount of shopping that we have to do. We also love to do lots of inexpensive and fun items for each stocking (see our post about best stocking stuffers for your teens) which I look for all year long.
Give to Charities
Another option for giving gifts, would be to look outside of the home to the many charities out there that do great things all over the world. Charities can be local, national, or international. Some great organizations to look into would be: Heifer International, Samaritan’s Purse, Operation Christmas Child box, Operation Gratitude for soldiers overseas, Angel Tree which gives gifts to children whose parents are in prison, or your local food bank.
Another great idea is to do a service project with your family for a favorite charity.
“No Money” Gifts
There are many “no money” gift ideas. These include things that your kids can make or ways to spend time with them which is already a great gift! I’ve listed some ideas below but I am sure that you could come up with some on your own, once I get you started… And, here is a link to some $5 ideas to start for Christmas:)
1. Bake holiday cookies, (this is a link to some yummy recipes!) –preferably ones that you can decorate because that is so much more fun! Take some to an elderly neighbor or a teacher.
2. Create a scavenger hunt around the house, neighborhood or city. Invite friends and have a friendly competition. Then meet for dinner at a favorite local restaurant and give out prizes for the most original treasures that were found.
4. Pop in a holiday movie (check out our post with 49 holiday movie ideas for Halloween, Thanksgiving, and Christmas!) and string popcorn and cranberries for your tree.
5. Have a family game night with your favorite carols playing in the background.
6. Start a holiday journal. Keep track of things your family is grateful for, traditions that you celebrate each year and new ones that you would like to start.
7. Send a handwritten letter to someone far away by snail mail. Tell them your favorite memory that you have with them or something that makes them special to you.
Budgeting for the holidays can be fun!
Does this put you in the mood for Christmas? It is a little early, but sometimes with a little planning and thought, the actual season might be a little more relaxing and enjoyable. We hope that some of these ideas help you in the coming months. Here are our gift guides for stocking stuffers, teen guys and teen gals!
Let us know if your family has any holiday traditions that we should try!