This blog post is probably a few days too late. The holidays are officially upon us, and with this time comes an attitude of gratitude and multitude of guilty spending. Raise your hand if you actually sat down with your partner and created a budget for your holiday spending. Yeah, me neither. Although I chose to be in the office on Friday I still took a break from work and did some holiday shopping with my wife. We treated ourselves to a few things. I feel a little guilty…just a little.
Life update: I just realized I haven’t posted since September 7th. Deanna and I got married on September 27th and then went on our honeymoon in Maui for 10 days in October. We then had a family reception in Madison a couple weekends ago. We still aren’t sure if we’ll do a gathering with friends in the twin cities. At this point it doesn’t seem like it is worth it to do a reception in the cities. We’ve already spent plenty of money and with the holidays here, everyone is getting busy. Please don’t be offended, and please know that we are incredibly grateful for everyone’s support.
Holidays bring an array of emotions. For me, it is fun to see my extended family and hear what they’ve been up to but it’s also tough because it is the first Christmas without my grandma who truly was the matriarch of my mom’s side of the family. I always find myself reflecting a lot more than usual during this time of year. I often think about my friends I grew up with, and I am reaching that age where many of those friends have families of their own and we’ve lost touch. I know it’s part of life. I feel a sense of accomplishment for all I’ve done this year, and I also feel a sense of anxiety not having clarity on what I want next year to look like for me and my family. I feel happiness, sadness, excitement, and anxiety for those around me as well as holidays can bring joy and a terrible amount of pain.
With great emotions come impulse decisions. When it comes to buying behavior, we suddenly see deals on things we don’t really need and with a click, tap, or swipe we’ve made a purchase without thinking about it. Dumbest thing I bought online on Friday was a NFL football. Yes, an official NFL football. Mine is flat with a hole in it, so at $52 it felt like a good price to replace it…my dang feelings won.
Just take a piece of paper and write down who you want to buy gifts for and a price limit. That’s all you need to do, or at the very least make a mental budget. If you haven’t made a budget for holiday shopping, then stop to think, “do I actually need this thing?” If you do have good reason to buy, then think about how you can get the best deal on it, and do not fall for the retail game. I needed a new winter coat. I’ve had the same one since high school. Yes. I’m serious. I saw one at Macy’s where regular price was $400. Lies. With the ‘50% sale’, it was going to be $200! More lies. I pulled out my Amazon app, scanned the jacket’s tag, and it popped up for $159. If you need to buy it, at least do some research and get the best deal that you can. My new jacket is incredibly warm and I no longer look like I’m ready for a middle school ski trip…oh Columbia jackets.
When it comes to holiday spending, check yourself before your wreck yourself. I don’t want to see you or myself spending hard-earned money on things we don’t really need. You also don’t need to buy things to show someone you love them. You can make them something instead. It’s more special that way. My mother-in-law makes super kick ass handmade cards and they mean a lot to me! I found a couple cool sites here and here for those of you who want to be craftier and save some cash in the process.
Happy holidays and don’t go broke or depressed in the process. You can do it. Be mindful of your spending, not mindless. Comment below with your holiday spending tips!
P.S. I dialed back the aggressive pay down on the student loans for a few months, so we could do our wedding and honeymoon debt free. Success! I’ll have to write about this later…