It’s Beginning to Cost a Lot Like Christmas: Budgeting When Your Budget is BlownIt’s Beginning to Cost a Lot Like Christmas: Budgeting When Your Budget is Blown
Can you feel it yet? Your bank account is dangerously low and the pressure is setting in. You still have a few people to buy for but you also want to eat this week, so what’s there to do? Here are some tips to squeeze that last little bit from your shrinking account and still …
Can you feel it yet? Your bank account is dangerously low and the pressure is setting in. You still have a few people to buy for but you also want to eat this week, so what’s there to do? Here are some tips to squeeze that last little bit from your shrinking account and still have enough left over to buy lunch. Wait, scratch that, stop buying your lunch! See below.
Handmade Doesn’t Mean Less Expensive Anymore
Ever since the invention of Pinterest there are no more inexpensive homemade gifts. The bar has been set far too high so it’s always going to make more sense for your budget to purchase that item rather than spend ninety dollars trying to make it.
Have you ever sat down to add up how much you are spending on chicken wraps and spinach salads? Assuming you are eating out five days a week, than you are probably averaging about two to three hundred dollars a month on substandard lunches. Plan ahead and make yourself a nice lunch and spend the money you save on booze and chocolates, er..I mean Christmas presents.
No More Fraps/Lattes/Mochas
If your morning routine consists of running to your favorite coffee shop and paying more for your coffee than the poor Barista makes in an hour, than you must stop now. You could buy a nice bottle of wine for the price of some of those creations. Quit it, make your own coffee and save a bundle.
Suggest a Kids Only Christmas
Christmas is really about the kids, right? Why then, do we kill ourselves trying to find the perfect gift for our co-worker, our husband’s cousin’s wife and our child’s dance instructor? As grown-ups we generally buy what needs or want anyway, so let’s spend our hard earned cash on the kids.
Obviously (I hope) you won’t be having a few drinks before you hit the mall, but do you have a few before you crack open your computer and peruse the online shops. Your guard will be down and you’ll be more willing to spend if you’re drinking and shopping so save the drinks for after you’ve reached the checkout.
These few changes should help the bank account stay above water for a little longer, anyway. Hang in there, it’s almost over.