Monday, November 1, 2010

Marriage Monday: Our Holiday Spending Plan


Today it's time for Marriage Monday. This month we are sharing about financial contentment in marriage. The topic I've chosen is "Our Holiday Spending Plan."

The holidays will be here soon. It is a good idea to make a plan when it comes to your holiday spending. Otherwise it will get way out of hand! Decide who is on your list and how much you have available to spend. Also consider other extra expenses that will come up this month like special food/snacks, travel, etc.

Since we have done Dave Ramsey's FPU I have had an envelope labeled "Christmas." Each pay period we put the same amount of money into the envelope. Whenever I buy gifts, I use the money from this envelope. It has come in so handy as I've already ordered and purchased some gifts. Since the money is designated for Christmas gifts, I don't feel bad using it or thinking that I'm taking money away from somewhere else where it might be needed.

Also when it comes to gift giving, I think it's important to consider making donations in the names of family members instead of just buying a gift for the sake of buying something. There are certain people that are harder to buy for than others, so instead of buying them something they don't want or need, why not make a donation in their name to a charity?

Have a day of blessings!

8 comments:

Pamela said...

What a great post! We are almost finished with Dave Ramsey's FPU and what a blessing it has been. I, too, have an envelope for Christmas. I have always gone overboard at Christmas and I know it has caused my husband a great deal of stress. This year, and from now on, things will be different!

Denise said...

Great ideas.

April@The 21st Century Housewife said...

I really enjoyed reading your post and I like the idea of your envelope. It is a fantastic way to budget, and as you say, not worry about using the money for what it is intended for! And the donation idea is also a wonderful one, and it can be fun too. One year a friend gave me a roll of toilet paper wrapped up for Christmas.I was a bit perplexed, but it turned out she had donated a latrine to needy people in the third world through Christian Aid in my name. I felt so happy that someone else was getting a gift in my name at Christmas, and it reminded me just how lucky I am to have fully functioning, nice smelling bathrooms!

Guiding Light said...

Great thoughts! Have a wonderfully blessed day!

Faith said...

Our church has been involved with the Dave Ramsey program and it is now used in our church yearly..for couples or singles who sign up for financial counseling....
i love the idea of setting gift money aside!!

e-Mom said...

Awesome post. You sound well-prepared and well educated in the area of finances. Wonderful!

We've donated to charity in the name of certain family members in the past too... we asked them where we should send the money, so they could feel they were a part of the gift. They loved it!

Thanks for joining us for Marriage Monday today Bethany, as always!

Blessings, e-Mom

nice A said...

I love the idea of donating to the charity instead of giving giving gifts to those who may not need them.
Thanks for stopping by my post. God bless.

Tami Boesiger said...

I like your stress free approach to Christmas by planning for it all year.