Thursday, December 2, 2010

Christmas Spending

I was listening to Dave Ramsey's podcast sometime last week and it was stated that the average family making an income of $50,000 spends approximately $800 on Christmas.

Does that seem like a lot of money to anyone else but me?!?

The truth of the matter is, though, I calculated the Christmas spending one year when I bought Todd the Wii, and we spent around $700.  That was for everyone though.  Between his parents, my parents (remember, I have 4 of them,) step brothers and step sisters, nieces, friends, and Todd's sister and her husband and three girls. 

This year, Todd and I arent buying large gifts for each other.  I bought my own gift (a nice scale) for $38, I bought him a new keyboard for his computer and a docking station for the Wii remotes to charge after use.  For both of our gifts, I spent less than $100.  Usually, that is our budget per person.  And we are cutting back on gifts for everyone else too.  We should be at about $550 for everyone this year.

We make a little more than that "average family" figure, but we spend a little less than "average."  In my personal opinion, we spend too much on Christmas.  This year wasnt too bad, but in years past (the $750 years,) is a bit excessive in my opinion. I would love to one day take my family on a nice trip, all expenses paid, for Christmas.  There is nothing better than spending time with the ones you love...whether it be on Christmas or in March!

1 comment:

  1. I would be thrilled if I could spend $800!! I spend around $2,000 each year! We have 14 nieces and nephews, 3 sets of parents, 7 kids, and teachers, mail lady,'s nuts!