|Oh goodie! I found the box of Christmas stuff.|
Many of us frugalistas will have Xmas sorted already. However this post is specifically for those of us who do not....it is still not too late to have a great debt-free, credit-card-free Christmas.
KNOW YOUR PAY CYCLE
If you get paid weekly then you have 11 pays till Christmas
If you get paid fortnight (and depending which fortnight) you have either 5 or 6 pays till Christmas
If you get paid monthly then you have 2 pays till Christmas
If you get paid irregularly or on commission then you will know what is in the pipe line.
THE TWO VITAL QUESTIONS
So, despite what pay cycle we are on there are only two questions we need to ask and answer to have a great Christmas in 2016
Question 1: How much do you want to spend on food per head?
Question 2: How much do you want to spend on gifts per head?
|I feel an attack of tinsilitis coming on.|
DOING THE MATH
1. Add both amounts from Question 1 and Question 2 together
2. Multiple that figure from step 1 by the head-count that you used in the two vital questions
3. Now divide that figure by 11
4. That answer will give you the money amount you need to put away every week (including this week) to achieve a financial-stress-free Christmas.
5. Reflect on the achievability of this dollar figure and adjust if needed before committing.
6. Put that amount away in CASH weekly starting this week into a secure jar or envelope.
DIP INTO LAST YEAR
- Rustle up last year's decorations
- Find last year's lights
- Use last year's tree (as long as it was not a real one - hee hee! )
- Make decorations out of what you already have around - think material off-cuts, coloured paper, paper mache tree decorations, origami, left over paint, wood, cardboard.
- Use last year's Xmas card fronts as decorative cameos and icons
- Use the leftover rolls of paper from last year (or use newspaper and natural twine)
- Pass down something of meaning that you own as a Christmas gift to the next generation instead of buying something new. (e.g. A family book/bible, a good dinner set that never gets used, a heirloom doll that just sits put away, Grandma's old sewing machine, grandpa's felt trilby, framed photos of ancestors, last year's vegetable or flower seeds that you have kept, Grandpa's old Vauxhall, Granny's linen tablecloth, that baby cardigan or shawl that you kept ....you get the drift.)
|Last years Christmas decco's - there are a few more boxes|
If we thought we had left Christmas too late and were thinking of reaching for the credit card - then just DON'T.
We can do the above without credit cards. Are we going to achieve this? Are you with me on this?
Take care folks and stay nice.