It's the first week of November and like most of you, all of us here at Image Design are gearing up for the holidays. In the coming weeks, we'll be sharing some of our tips and tricks for getting to and through the holiday season blissfully relaxed and stress-free, beginning with these tips for Holiday Bliss the Debt-Free Way.
Did you know that holiday spending is back to pre-recession levels? In the past few years, Americans spent more than $500 billion dollars over the holiday season; and about 23% of that was paid for with credit cards (money not yet earned). So what happens then? They go into the New Year owing considerably more than the year before; all in the name of the holidays.
Great holidays are not synonymous with over-spending. Let the following tips lead you to holiday fun without compromising your wallet and without entering the New Year wracked in debt:
1. Decide now on what you want to do regarding everything that's holiday-related; from shopping to decorating; from gift-giving to entertaining. A little planning now will save you a lot of impulsive spending later.
2. For workplace celebrations, determine ahead of time what your contribution will be. Then, if suggested contributions are more than you had budgeted, let the planners know ahead of time. Offer to contribute in another way that will keep you involved while staying within your personal plans. For example, you could offer to bake a holiday cake or donate a seasonal flower arrangement to add to the decorations.
3. Do not window shop. Instead, shop with a plan. Make a list of what you want to purchase, go to the stores that you think have what you want, then go only to the necessary departments of those stores. This may take a little work and a lot of discipline, but keep your goal in mind and you'll be ok. You'll save time and money this way, and just think of how proud of yourself you'll be in the end.
4. Make holiday entertaining both fun and therapeutic for your family and friends. Invite them to a casual pizza party where they can unwind from all the hectic goings-on. For added fun, everyone can bring a pizza topping, drinks, etc to share and you all can build your pizzas together or better yet, make it a competitive team event with little stocking stuffers of homemade treats as prizes. Put on a seasonal CD and enjoy the kitchen clatter, holiday chatter, and the enveloping aroma of fresh oven-baked pizza.
Create lasting memories by giving more from your heart. Follow these tips and when the decorations come down, your spirits will still be up. You'll be mentally healthy and happy; not debt-ridden and depressed.
Remember, Holiday Bliss is not about spending a lot of money, but spending quality time with the people you care about.