Summer's almost here: Think Christmas
The holiday won't arrive for 6 months, but that gives you time to strategize and shop.
Or whether you'll give presents at all.
A no-gift holiday really is an option. So are these tactics:
- Presents for the 18-and-under crowd only.
- An all-homemade-gifts holiday.
- A strict price limit.
- Experiences or charitable donations instead of physical gifts.
- One gift per adult.
Even if you decide to go the piles-of-presents route, now's the time to start planning. News flash: Christmas and a couple of other winter holidays come every December. But to see the way people panic, and overspend, you'd think that the idea of gift giving had just been invented.
Starting early gives you lots of time to make a list of possible gifts, look for the best prices and, yes, to talk to your family about how you want to celebrate. People may need time to mull over ideas like price limits or a kids-only Christmas.
An early start
I look for presents year-round. (For hints on how the real frugalists do it, see "Christmas for less than $100.") By the time holiday music starts playing in the stores, I'm just about finished my shopping.
My usual routine is one gift per adult and up to three per child. If a kid gets three, however, they're fairly small ones. I don't want to start gift wars ("How much did Donna spend on us? Is our gift to her big enough?") or to give nieces and nephews the idea that they deserve lavish piles of presents every year.
An early start is a good idea no matter how you shop. Simply creating a list can save you a lot of head-scratching later on. Each time a giftee mentions a general need or wish, make a note of it.
Revisit the list in late summer or early autumn. Sis still wild about knitting? Dad continuing to tie his own fishing flies? Start looking for great deals on the supplies they need. If you have no luck, go with gift certificates at shops that cater to those hobbies.
Money, money, money
How are you going to pay for all this? Now's the time to think about that, too. My Mom used to belong to a "Christmas club": Each week she'd deposit a set amount and by December she'd go shopping with the cash.
This sure beats shopping with credit cards in December. Why not start your own Christmas club by setting up automatic savings? Create a subaccount and name it something like "cash for Christmas."
If you've made even a partial gift list you'll have some idea of how much you need to save. Divide that figure by six and you'll know how much to set aside each month from now until the holidays.
Speaking of money: Expect some push-back if you propose any changes in holiday spending. Expect to hear the name Scrooge, too. The holidays are pretty fraught, and any deviation from tradition can be upsetting, at least initially.
However, you may be voicing a sentiment that others are too embarrassed to bring up. Siblings or cousins might be feeling financially pinched, especially as more nieces, nephews and grandkids are added to the list each year.
An even better holiday
You can still give. Just don't break your budget, especially for something as ephemeral as a Christmas present.
Pop quiz: Can you name everything you received last year? Probably not.
What makes the holidays great isn't just getting that Red Ryder BB gun. It's being with the people you love, eating special foods and maybe watching "It's a Wonderful Life" for the 20th time.
Trust me: It will be even more fun if you're not shopping and wrapping right up to Dec. 24 and dreading the arrival of the January credit card bills.
Readers: When do you start your holiday shopping? Does your family have any special gift-giving rules?
More from MSN Money:
None of us will be here on Christmas....the world will go blooey on Dec. 21, according to the Mayan calendar/ end of the world kooks! The Mayans down there are laughing often about the crazy gringos up here who believe all that stuff!
AMEN....Donna. The older I get the less I enjoy the gift giving and the more I just enjoy seeing extended family over the Holidays and catching up. I enjoy most those gifts that took thought and offer simplicity.. A few years back, my oldest DD gave me a nice framed picture picture of her and her sister on the oldest daughter's' Wedding Day. It shows her in her wedding gown pulling her "little sister".... in her brides maid outfit....while sitting in the "Radio Flyer" wagon they both enjoyed as children....PRICELESS. This was the best Xmas gift I recieved that year...and it didn't cost a bundle....
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Donna Freedman's Frugal Nation blog is for readers who want to live cheaply -- whether due to necessity or a lifestyle choice. It explores living sustainably and making life more meaningful at the same time.
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Donna Freedman, a writer based in Anchorage, Alaska, writes the Frugal Nation blog for MSN Money. She won regional and national prizes during an 18-year newspaper career and earned a college degree in midlife without taking out student loans. Donna also writes about the frugal life for her own site, Surviving and Thriving.
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