It might seem a tad premature to be thinking about the holidays but the best time to think about gift giving and holiday planning is when St Nick isn't breathing down your neck. Now is the perfect time to discuss gift giving.
Photo by Egilshay.
Whether it's the economy, a desire to be more careful with your money, you're burnt out on getting and giving gifts that just clutter up your house and theirs, or a combination of everything above, midyear is a great time to take a moment to reconsider gift giving traditions. Over at the personal finance and frugality blog The Simple Dollar they've rounded up five ways that you should start thinking about Christmas now, among them:
Kill off unwanted gift exchanges: If you're a member of a gift exchange or two with family that you just don't want to participate in, right now is the time to put an axe in it. Just send out an email or a Facebook message to the other members of the exchange stating the truth of the matter: you enjoy seeing the people, but you don't think a gift exchange is a great idea.
If completely bowing out seems potentially damaging, suggest that this year be a "secret Santa" drawing instead of everyone buying everyone else gifts or put a strong cap on how much can be spent.
Doing this now is much better than doing it in late November or the middle of December when people are already financially and emotionally involved in their holiday purchasing. The solution to too many Christmas gifts purchased is just an email away.
Most people don't start thinking about gifts until later in the year when the hectic pace of the holidays ramp up. Do a little planning and consideration now and you can have a less expensive and less stressful holiday. Check out the full article at the link below for other great ideas like planning for homemade gifts and setting up price alerts for the gifts you do want to buy.
Five Big Ways You Need to Think About Christmas … Now! [The Simple Dollar]