Fall can be a fun time of year, with costume parties, and clam bakes and Octoberfest celebrations. But for people struggling with debt, fall means more stress as the holidays loom around the corner and that one snarky office person brags about having almost all her shopping done.
If your debt is not already under control, it might be time to take a deep breath and rethink your priorities before you get submerged in obligations again this year, break the budget and struggle to find a way out of the nightmare. First, figure out how much you can afford to spend on gifts this year. This may feel reverse to those of us who make the list first and then figure the cost, but it will keep your sanity. What is the budget?
Then, who are the priority recipients? It is nice that you like so many people, but maybe it is not appropriate to gift all of your acquaintances. Most of us get caught up in gift giving, and it can be enjoyable, but not when it costs your home or sleep in the months after the holidays. So, I ask again, who is the priority that you feel it is important to give a gift to this season. What is your budget? Will you make the gift or buy it?
Keeping on budget may take a little more creativity, but it also may end up being more fun. Make it a family pact and get creative together. Sometimes, when the whole family agrees to make each of the gifts given, you find the home made gifts are much more meaningful. Starting on them now means you still have time to complete the items. Need some ideas of gifts to make? Click here or go to DebtReliefZones.com.