Hidden Holiday Costs

singleguymoney · 12-08-2008, 03:30 AM

New blog post: Beware of Hidden Holiday Costs

olena99 · 12-10-2008, 05:45 PM

Hidden costs of the holiday – those things that you wouldn’t think of factoring into your expenses but will eat into your costs nonetheless. These hidden costs include:
1. Holiday meals/gifts for hosts
2. Holiday cards/wrapping paper
3. Holiday travel (airfare, hotel, gas)
4. Holiday decorations
5. Shipping/postage
6. Clothing/holiday party outfit
7. Electricity for holiday lights
8. Additional childcare/pet sitting
9. Charitable contributions
10.BONUS Gift for yourself – but only if you can afford it!

Permalink: http://www.cnbc.com/id/28023709

MoneyTrev · 12-11-2008, 05:51 AM

Wow. Awesome article. It's not about what you pay other people, it's about how much you spend passively without even noticing it.

starshard0 · 12-11-2008, 07:28 AM

I found I can avoid all costs, hidden or otherwise, by simply not spending anything during the holidays. I have a strict "no spend" policy between Thanksgiving and the New Year.

efolgate · 12-12-2008, 05:23 AM

great tips. Shipping costs is a big one. I often overlook that one when I am considering my budget.

elizabunny · 12-14-2008, 09:07 AM

Great article! Wrapping paper and bows always kill me; I don't budget for them but I always want to have pretty gifts!

khorrell · 12-15-2008, 05:44 AM

Great article. I did a similar post recently at The Paycheck Chronicles but I completely forgot extra utilities - and I always see a jump on my January bill. And I didn't add a line for charitable contributions, which I definitely need to put in.

Once again, you've got a great site. I always learn something when I visit.

purplefdu · 12-15-2008, 03:35 PM

We never buy anything for the holidays that year other than gifts leading up to before turkey day. Paper, bows, even gift wrap tape and dispensers are bought on clearance at minimum 50% off, normally 75-90% off.

12-08-2008, 03:30 AM	#1
singleguymoney Member Join Date: Jul 2008 Location: Georgia Posts: 85 Thanks: 0 Thanked 2 Times in 2 Posts Reputation: (12)	Hidden Holiday Costs New blog post: Beware of Hidden Holiday Costs __________________ I'm a single guy trying to get out of debt. Visit my personal finance blog @ http://www.singleguymoney.com

12-10-2008, 05:45 PM	#2
olena99 Junior Member Join Date: Dec 2008 Posts: 27 Thanks: 0 Thanked 0 Times in 0 Posts Reputation: (10)	Hidden costs of the holiday. Hidden costs of the holiday – those things that you wouldn’t think of factoring into your expenses but will eat into your costs nonetheless. These hidden costs include: 1. Holiday meals/gifts for hosts 2. Holiday cards/wrapping paper 3. Holiday travel (airfare, hotel, gas) 4. Holiday decorations 5. Shipping/postage 6. Clothing/holiday party outfit 7. Electricity for holiday lights 8. Additional childcare/pet sitting 9. Charitable contributions 10.BONUS Gift for yourself – but only if you can afford it! Permalink: http://www.cnbc.com/id/28023709 __________________ Payday Loans Canada

12-12-2008, 05:23 AM	#5
efolgate Junior Member Join Date: Nov 2008 Posts: 12 Thanks: 0 Thanked 0 Times in 0 Posts Reputation: (10)	great tips. Shipping costs is a big one. I often overlook that one when I am considering my budget. __________________ http://www.moneycrashers.com Twitter: @MoneyCrashers

12-15-2008, 05:44 AM	#7
khorrell Senior Member Join Date: Jan 2008 Location: near Washington DC Posts: 610 Thanks: 0 Thanked 1 Time in 1 Post Reputation: (84)	Great article. I did a similar post recently at The Paycheck Chronicles but I completely forgot extra utilities - and I always see a jump on my January bill. And I didn't add a line for charitable contributions, which I definitely need to put in. Once again, you've got a great site. I always learn something when I visit. __________________ The Paycheck Chronicles "helping military families make the most of their paychecks"

12-15-2008, 03:35 PM	#8
purplefdu Senior Member Join Date: Jan 2008 Location: York Beach, ME Posts: 628 Thanks: 0 Thanked 1 Time in 1 Post Reputation: (29)	We never buy anything for the holidays that year other than gifts leading up to before turkey day. Paper, bows, even gift wrap tape and dispensers are bought on clearance at minimum 50% off, normally 75-90% off. __________________ Homeward Bound Puppy Blog&Personal Blog best general coupon site & organic grocery coupon help

12-11-2008, 05:51 AM	#3
MoneyTrev Member Join Date: Dec 2008 Posts: 38 Thanks: 0 Thanked 0 Times in 0 Posts Reputation: (10)	Wow. Awesome article. It's not about what you pay other people, it's about how much you spend passively without even noticing it.

12-11-2008, 07:28 AM	#4
starshard0 Senior Member Join Date: Apr 2008 Location: Monterey, CA Posts: 598 Thanks: 0 Thanked 0 Times in 0 Posts Reputation: (11)	I found I can avoid all costs, hidden or otherwise, by simply not spending anything during the holidays. I have a strict "no spend" policy between Thanksgiving and the New Year.

12-14-2008, 09:07 AM	#6
elizabunny Junior Member Join Date: Dec 2008 Posts: 2 Thanks: 0 Thanked 0 Times in 0 Posts Reputation: (10)	Great article! Wrapping paper and bows always kill me; I don't budget for them but I always want to have pretty gifts!

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