View Single Post
  #19 (permalink)  
Old 04-27-2006, 07:56 AM
boefixepa's Avatar
boefixepa boefixepa is offline
$ Saving College Junior
 
Join Date: Apr 2006
Posts: 1,096
Points: 12488.80
Donate
Default Re: Do you have a Christmas Account?

I budget $50 a month and it sits in my 4% savings-this goes mostly for family members. I also use my CC points and cash them for grift certificates to different stores and then give them as gifts. I make homemade tamales and give them out to friends and neighbors. A lot of bang for the buck and everyone loves them.

I think more important than all the cost of gifts is to teach your children that Christmas is NOT an event for you to get everything you want. I believe parents set themselves up for the debt they get themselves into. Some needed clothes and a few toys that are not outlandish should be enough to more than please a well balanced child. This will help with the budget more than anything else!

Boefixepa
Reply With Quote