Budgeting for Christmas gifts
Budgeting for Christmas gifts
I'm curious how this community budgets for Christmas gifts? If you lump sum it, how do you make sure you spend the right amount on everyone?
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I treat Christmas like I treat birthdays. Have a Christmas category and each person gets a goal. Also budget for unexpected expenses like extra food, wrapping papers, etc. Once I spend the money, I put it under gifts with #Christmas #Person so I can have a clean report, but can drill down with a seach if I need to. Here is my breakdown.
- Discretionary
- Gifts
- Christmass
- Spouse
- Kiddo
- Fido
- Cooked goose for everyone
- Misc. Make the Magic
- We forgot Kevin!
Ooh what a great idea! I am definitely stealing this method, right down to whoever Kevin is!
Eh, just an obscure movie reference https://m.youtube.com/watch?v=tgMyaAK-aZw
We travel and there is always something a person forgets
- Discretionary