Editor's Note: Congratulations to Kate, Razorbacks92, and Nicholas for winning this week's contest!
It’s time to start thinking about getting your holiday shopping done! Shopping for the holidays can be a huge drain on anyone’s bank account. While many people create a budget to follow when they holiday shop, others prefer to spend first and worry later.
Do you have a holiday shopping budget? Why or why not?
Tell us if you have a holiday shopping budget and we'll enter you in a drawing to win a $20 Amazon Gift Card!
We're doing three giveaways — one for random comments, one for random Facebook "Likes", and another one for random tweets.
If you're inspired to write a whole blog post OR you have a photo on flickr to share, please link to it in the comments or tweet it.
Note: Due to recent changes in Facebook's promotions guidelines, we have restructured the entry format of our giveaways.
Good Luck!
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Nope. No specific budget for my husband and I, however since we're both students, we're always on the lookout for great deals both online and in stores. We got some great boxes of holiday tea sampler for half the price! Looks like it'll be a lot of tea drinking around our friends and family this Christmas.
Around $600. I have way too many people to buy for, so I'm hoping to not go over that amount if possible.
We don't buy too many presents, just ones for the giving trees at our work. The little girl I bought for wanted books, so I swapped some books I had at the local book swap and got children's books for her. Then we went to Marshalls and got my wife's giving tree recipient a $20 pair of Guess sneakers. So, our budget is $20! Success!
Our families will get the gift of all of us being together, eating, drinking, and having a great time. To me, that's priceless.
This is the first year we sat down and wrote out a budget for Christmas gifts, i.e. who is getting a gift and how much we will spend for each individual. We have had spoken budgets in the past but have experienced "shock and awe" in January when the credit card bill comes because of misunderstandings that lead to overspending. We still use a credit card to securely track gift purchases and because we pay for gifts with a Christmas bonus that comes right before the holiday. We are keeping track of purchases with receipts that we keep with the written budget. It is working!
This year has been a tight year--tighter than normal. So the budget is $150-200 this year. Many of the gifts I plan to make this year--baked goods, picture collages, maybe even a handmade book or two, etc. Even at a low budget maybe especially at a low budget, this is difficult.
We just got married and are paying off student loans, so we're doing DIY gifts this year and set a total budget of $500. We do gifts for parents, siblings and cousins.
We just got married and are paying off student loans, so we're doing DIY gifts this year and set a total budget of $500. We do gifts for parents, siblings and cousins.
liked you on facebook!
http://twitter.com/#!/MyLifeIsSweet/status/146353021369069569
I have a $200 budget for everyone.
I like you on facebook
Sasha L.
tweeted
http://twitter.com/#!/ThriftySassyMam/status/146355743984062464
Yes, I have a holiday budget. It's gotten larger as we have gotten more financially secure but I still budget.