Let’s get honest in this guide: you want to do just about everything you can for your family, and there’s really nothing wrong with that at all. The truth is that there are just going to be things in life that you want to bring to your children in order to really make sure that they’re okay. It’s completely up to you to figure out how you’re going to handle these matters. We can lay down a foundation, but it’s going to depend on the type of willpower that you actually have. Some people are faced with this problem and they just can’t see a world where they aren’t rushing around to please everyone but themselves. Were’ not saying that your family isn’t important. In fact, we’re saying that your family is so important that it’s time to stop fulfilling any and every request that comes in. This takes away from your ability to take care of your family, and who really wants to deal with that when they don’t have to? Who really wants to feel like everything is bearing down on them? Who really wants to think the worst of everyone that they come across? We certainly don’t think that’s any way to live, honestly. You should be looking for a higher level of power in your financial life. That’s the way to take care of your family for a lifetime.
You can still have a great holiday season, as long as you’re willing to think about the best approach to move forward. Here’s a few suggestions you might be able to use right now.
First and foremost, you should have a hard budget and stick to it. Not everyone is going to benefit from getting on a small budget, because then you’re tempted to break it in order to please people still. The part about budgeting that people often miss is that it’s not there to punish you. It’s not there to make you feel small. It’s not there to make you think that everyone is against you. It’s just there to make sure that you are doing exactly what you need to do, and nothing more than that. You want to write down exactly how much you’re going to spend on things like Thanksgiving and Christmas. Some people are completely lost in terms of what they’re going to do, and that’s a real shame. It all goes back to the budget. You can indeed set up a healthy budget that doesn’t hurt anyone. Why should everything in life have to be about pain in order to make sense?
If you have children, chances are good that you want to shower them with exactly what they want for Christmas, even if it’s not things that you can easily and readily afford. There’s nothing wrong with being able to give your children the best of everything, but not at the cost of their future. If you’re the type of family that spends big on the holidays and then grumbles all the way through to February and March about not having enough money, then you definitely have a deep financial issue that needs to be fixed. You cannot give other humans in your life affection through gifting. You can give them things that they’ll remember without breaking the bank, and that’s good enough for everyone.
This is where a good financial blueprint comes in, because it’s not just about the holiday season. You have to make your money last year round. You probably want to do big things in your life, like buying a bigger house or even starting with your first one if you’re not on the property ladder yet. But sit down and look at all of your finances, including your expenses. When you can’t pare anything else down, you might want to think about anything you can do to bring in more money. You might be surprised at just how many things that might be.
Don’t give into fear, panic, and anguish. You don’t have to compare your holiday season to anyone else’s. This is a time for family, friendship, giving, community and charity. Some of the best things in life are free, after all!