Holiday Planning on a Budget #1 – Holiday Budget Planning Tips for Busy Moms

It’s never too early to begin preparing for the holidays. In many homes, Christmas is the biggest holiday of the year. The holidays are a time when everyone comes together for family traditions and holiday celebrations. If you’re on a budget then planning is the key to a more peaceful, stress free and financially sound holiday.

Planning Helps You To Take Control of Your Budget

Instead of thinking of your holiday spending as a budget, think of it as a plan. A plan for how you’re going to spend your money this holiday season. When you know how much you have to spend and where you’re going to spend it, suddenly everything seems a bit more manageable. It’s much easier than worrying about how you’re going to be able to pay your credit card next month.


Planning Helps You To Stay Out of Debt

The very thought of going into debt before the holiday season even starts is enough to put a dark cloud over the holidays. This is because the resulting debt can last long after the holidays are over. Planning how you’re going to spend your money and knowing how much you have can ensure you stay out of debt while you complete your holiday shopping.  There’s nothing wrong with using credit, but in order to avoid debt, you’ll want to manage your holiday spending so that you can easily pay off your credit card when the bill comes.

Planning Helps You Have a Conversation With Your Family

 You’ll need to communicate expectations with your household, including children, as well as with extended family. When you have a budget plan already in mind it’s easier to come up with compromises.

For example, you can ask your extended family to do a secret Santa gift exchange rather than buying a gift for everyone.  Encourage children to create a shorter Christmas list this year with their top three gifts.  Santa can be on a budget too.

Planning Also Helps You Know How Much to Save

Knowing how much you have to spend is only one part of the budget equation. A plan will also help you to determine how much you need to save for the holidays. Maybe, in order to save some extra money, you can invest in a Christmas club or cut down on expensive lunches, gourmet coffees etc.

Before the holidays, sit down and create a plan. Figure out how much you have to spend and how you’re going to spend it. Then determine how you’re going to save the money you need for the holidays. If you plan your holiday budget, you’ll feel more relaxed and will enjoy a less stressed holiday season.

Feel free to share your holiday budget tips in the comments.

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About Jacquie

Jacquie Ross is a professional organizer, a Certified Life and Family Coach and award winning owner of CastAway the Clutter! A busy person’s expert, Jacquie works with professionals, seniors, empty nesters and families to develop strategies to reach their goals, identify any road blocks, and find more meaning in their lives. Learn more about Jacquie’s life coaching and parent/youth/family coaching here at the CastAway the Clutter Blog, and for organizing services, visit CastAway the Clutter! Jacquie can also be found on Facebook

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8 Responses to Holiday Planning on a Budget #1 – Holiday Budget Planning Tips for Busy Moms

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  5. Rose Wendy says:

    Christmas is gonna be here again soon! It’s time for me to do some planning!

  6. Rebecca says:

    Great thoughts. You can out of control with your spending if you don’t plan ahead. It all adds up really quickly.

  7. Tanya park says:

    I completely agree almost every year I don’t plan for Christmas and end up stressed and in debt, this year I knew I had almost no money to spare so it made me think outside of the box, I looked on Pinterest for cheap nice homemade gifts and found 3 really nice things to make for $5 or less each! They a all personalized to the person I am giving it to and I would love to receive any of these myself, so I think my family and friends will be happy. Best of all I will be done with all of my gifts by Halloween and for about $100 🙂