I can’t believe how quickly the year is going and that tomorrow is December 1st. I officially have to figure out what I’m
getting people for Christmas and get my lists and budget together. Over the
past few years, I’ve been pretty successful with setting a budget and really
sticking to it. Here’s how I do it. I create a list of all of the people that I
plan to buy presents for and I set a dollar amount as my overall budget. Once the budget is set, then I look at my
list of names and decide how much money I want to spend for each person. I just make sure that the dollar amount set
for each person adds up to my overall total budget. The next step is brainstorming gift ideas
within the budget range that I set for each
person. And track the spending with an
actual dollar spent column to make sure that if you go over or under then I can
adjust the budget on someone else’s gift.
I also factor in a few extra gifts for random unplanned gift
exchanges. Once I decide to start
shopping, then I head to the bank to take out cash for the overall total
budget. I use only cash for my purchases to make it a little easier to track
everything that I’ve spent. Do you guys set a budget for your gifts? Do you stay within your
budget? What are some tips that you use
when budgeting for the holidays?
Skirt: Old Navy High-Rise Twill Pencil Skirt;
Earrings: J.Crew Crystal Fiesta Earrings;
Necklace: J. Crew Crystal Fiesta Necklace;
Watch: Coach Boyfriend Bracelet Watch;
Bracelet: J. Crew Factory Square Stone Bracelet; Bracelet: Coach Bangles;