It’s that time of year again when we start to think about the holidays and the fun things we want to do and the gifts that we want to give. Last year we attempted to go 70% local and we were fairly successful and we also set a $250 max budget. I’ll be honest while we stayed “in budget” regarding our out-of-pocket cost we did spend more with the help of rewards points so I would say with that we were closer to $350.
Our 2015 Budget for our family of 4–> $350 max total (ideally we will be able to come in under budget).
- Gift to us from the kids/Gift to each child from one another
- Plus Stocking.
This year we decided to up the budget a bit because we also had our first full year of not purchasing gifts for other holidays with the exception of Edith and Alder’s birthday when each received one gift and a day filled with fun. We are also really re-evaluating the things that we buy and while things do not have to be more expensive we are looking at quality items so we have decided to increase the budget to match what we spent last year in out-of-pocket plus rewards points.
What kind of budget do you have for gifts?
*We also don’t do Santa so these are all the gifts plus any of those from friends and relatives.