Wednesday, August 22nd, 2018

Top 7 Ways Not to Break The Bank for Christmas


Christmas Piggy Bank Top 7 Ways Not to Break The Bank for Christmas
Keep this in mind…If you think that what you buy each person this year for Christmas really matters. Ask yourself this question….”Name one gift you received last year for Christmas.” I’ll wait…See my point?

Since the average American (that’s us the baby boomers) will spend over $800 on Christmas this year, here are some ideas on how to save a few dollars and not overspend this year.

Also, if you want to save on a few items that are best purchased after Christmas then read this guest post on 6 Items to Purchase After Christmas and The Holidays.

This is a terrific excerpt on not breaking the bank this Christmas from Mark Merrill of

Male or female, young or old, religious or not, everybody seems to love Christmas. The fun, the giving, the excitement, the children, the food, the tradition – what’s not to love? Yet, every year without fail, so many of us arrive at December 25th tired, disappointed, overextended, and—in a word—broke.

It seems like we get caught up in a stampede of sorts and, by the time the first credit card statement hits the mailbox, we’re in over our heads and it’s tough to remember how we got there. Yet alone understand.

But it doesn’t have to be that way! It’s possible to love Christmas, participate in the giving, add meaning we usually miss by a mile, and at the same time avoid the pitfalls of spending more than we can afford.

It’s all about initial trajectory, about heading into December with a good idea of where we’re going and why. It’s about finding Christmas and not losing our way.

Mark Merrill of All Pro Dad offers the following suggestions when it comes to “not breaking the bank this Christmas.” (Most of these ideas have been sampled from the 2008 book, “In My Heart I Carry A Star: stories for Advent”.)

1. Make a budget and stick to it: We know, easier said than done! But there is a foundational principle at play here. We must control our spending, or it will simply run away with itself

2. Be clear about the meaning of Christmas: Don’t allow yourself to be manipulated by priorities that turn out to be valueless. Who is making the decisions about money? Is it you, and the values your family espouses? Or is it our culture, the power of advertizing, and peer pressure? After all, isn’t it your money?

3. Make a family decision to give to a charity instead of buying things no-one really needs. Several things happen when you give in this way:

– Deep satisfaction

– You know how much you’re giving and you stick to it

– A purer understanding of what it means to give

– A sense of perspective

4. Choose ahead of time not to use a credit card, and then put the promise in writing: Making an active decision always makes a difference in behavior. Once credit is out of the equation, it frees our thinking up for alternative ideas and more realistic priorities

5. Pay attention to cues from your family, and get gifts that will bring joy rather than gifts that will make you feel generous: Are you buying that expensive bracelet because it will make your wife happy? Or because it will make you feel generous? Learn to listen, plan ahead, and make the giving experience a real treasure hunt.

6. Handmade gifts reflect planning, effort, creativity and love: They are, in effect, more valuable because they represent creative thought and personal effort.

7. Value thoughtfulness over cost: “It’s the thought that counts” may be a cliché… but it’s a cliché because it’s true. Raw dollar amounts say nothing about the gift. We are deceived if we believe that a gift is “better” because it has a larger price tag.

Bonus Idea: This is one is from me, Boomer54 Mark, use these 11 words “Do something for somebody today that they can not possibly repay.” This is an idea to practice all year long and especially at this time of the year. Believe me…it will make you feel really good. These are My #FeelGood10~What Are Yours?

mark merrill1 150x150 Top 7 Ways Not to Break The Bank for Christmas

Mark Merrill

Read more about All Pro Dad publisher Mark Merrill of Family First.

About Boomer54 Mark: He is the publisher and senior editor of Baby Boomer Talk Online. He likes to be helpful to other boomers sharing useful information he gleans from the web. He attempts to go through life being positive and spreads this to the boomer world via email with inspirational quotes and videos. He is living in America’s finest city, San Diego, with his wife, The Red Headed Trip , and his two Boxer Dogs, Gabe and Luke.

Be inspired, motivated and uplifted by subscribing to Baby Boomer Talk Online. Just for subscribing you will receive 2 free ebooks “What Matters Now” and “7 Ways to Reinvent Yourself”, a $67 value. To get started just click to our Baby Boomer Talk Online Subscriber Page and have the Free Daily Boomer Quote and Video delivered direct to your inbox.

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