For the last several years we’ve never had a fixed budget when it comes to Holiday spending. Sure, we always have an idea on what we are going to spend, but not a fixed, specific, intentional budget. With the increased cost in…well…everything, our household has tightened up and become more specific with how we spend our money. In fact, one of our 2013 goals was to be intentional with everything we spend, and I’m pleased to say that we have been very thoughtful about our budget.
But, as the Holidays are rolling in, I’m left with some big question marks that I would love to pose to you, our readers. We have a large extended family, and we exchange gifts with all of them.
How do you budget the holidays? Do you plan a fixed amount per person? Do you plan a fixed number of gifts per person? What about in your immediate family? Do you spend the same amount on each child or do you do the same number of gifts so everyone has something to open? Possibly both?