Rethink Your Holiday Spending

By Candace Bahr and Ginita Wall


Happy Thanksgiving, Ho, ho, ho! Turkeys and cookies are baking, bells are ringing, and sounds of holiday cheer fill the air. The holiday season is fast upon us. In this “most wonderful time of the year”, It’s easy to slip into the holiday mood and buy just one more present for an acquaintance, one more outfit for a holiday party—and wake up with a splitting-headache spending hangover in January.

The holiday season is a time of renewal and fellowship—and also time of wild consumerism. We seem to worship the mall and the Hallmark store, instead of our faith, our traditions, and our connection to our families and the world. Whether you celebrate Christmas, Hanukkah, Kwanzaa, or simply “the holidays”, it’s important to develop your own personal meaning for the season. Instead of spending money this season, consider spending time with those you love.

The above is an excerpt from the curriculum (wife.org) for the INATM Money club. Each month we discuss a topic or money zone to help women become financially educated. If you would like more information about a new club starting next year click here

The following questions may help you focus on some of your beliefs around money and the holidays so you can make conscious and helpful decisions about your Christmas spending.

• What were the holidays like when you were a child? Were they lavish or low-budget?
  Were they well-planned or last-minute?

• What were your parents’ gift-giving rituals? Was there a spending limit per present? A
  resolution to only give presents to the children? At what age did you start giving presents to your parents?

• What interesting traditions do your family and friends have for the holidays? How have
  they saved time or money or added additional meaning to the season?

• What new traditions for the holidays have you started in your adult life? Why did you choose these?
  

Have a Good—Not a Goods—Holiday: Give Experiences Rather Than Things

Guest Writer: April Benson

The “good life” comes from doing things, not from having them. And the seasonal holidays, despite the blizzard of buy-messages, are no exception. If you really look at your own experience, it will verify what research has demonstrated over and over: we get far more lasting pleasure and satisfaction from life experiences than we do from material possessions. Don't fall for the commercialized version of happiness, the hype that's designed to get you to spend, spend, spend on stuff that you and the people you're buying for probably don't need and may not even use. Don't buy into the equation that what you spend has any relationship with how much you care. You can spend thousands on material gifts that prove worthless, and not a dime on an activity gift that turns out to be priceless.

Give the gift of your time. What can you do well? Teach it to someone on your list who'd like to acquire that skill. How can you help the people you love? What would someone on your list love to have done for them? Does someone need babysitting, pet sitting, computer, camera, or ipod assistance? Give a coupon, redeemable for a few hours of bulb planting or transplanting. What can you share with people who matter to you? Treat them to a meditation class or a museum talk or a ballgame or a beading workshop that you attend with them.

Instead of enriching merchants, enrich your own life and the lives of the people around you. Rather than buying things, do things for and with the people on your gift list—things that nurture their hearts, minds, bodies, or spirits. Introduce yourself and someone on your list to something that will expand both of your lives. This year, What Would Jesus Buy?, the hilarious and often thought-provoking documentary about overconsumption in during the end-of-year holidays, is a great choice. You could also sign the two of you up for a live performance, a talk, a class, a course, a retreat of some kind. You'll find it's actually an advance!

Find creative, imaginative ways to connect with family and friends. A young child's introduction to the wonders of the sky—a visit to the planetarium or an evening spent stargazing—will last incomparably longer than the newest electronic toy. A novel and carefully planned day or evening will be remembered far more fondly than a purchase wrapped in ribbons and bows, whether a hike to a beautiful vista with a picnic lunch you've prepared, or a sunset stroll followed by an outdoor concert, or some down time at home with a movie and popcorn and you. Anybody can buy a given material object; nobody else can offer an experience that you're part of.

Instead of opening presents, open to each other’s presence. Give the two incomparable gifts of speaking and listening. Take the time to truly share yourself in words, and take the equally important step of listening fully. Celebrate each other with genuine communication, the most intimate of gifts. Another way to do this is to write a letter or poem to someone and read it aloud to him or her; you might even include a photo of the two of you. Try a family vision-board activity. Have everyone cut out pictures from magazines that relate to a short- or long-term vision. Paste them on heavy cardboard and then talk about your visions together.

Create a tradition. Cook or bake together, or go together to a local tree or menorah lighting, or volunteer together in the service of your community. Invite someone to get up early and watch the sunrise with you. Adopt a child together, from an organization like Save the Children; write letters and send pictures along with the money you give.

© 2007 April Lane Benson, Ph.D.

The "Cha Ching" of Christmas

Pies are baking, bells are ringing, and sounds of holiday cheer fill the air. I find it hard to think about Christmas when we haven’t even enjoyed Thanksgiving. Yet, we can use this time leading up to the holidays to plan effectively. It’s easy to slip into the holiday mood and buy just one more present for an acquaintance, one more outfit for a holiday party—and wake up with a splitting-headache spending hangover in January.


Plan ahead, pray and think about how you want to manage the holiday season. Don’t spend the next year dealing with the stress of paying for all of those lovely gifts and parties and decorations.

The holiday season is a time of renewal and fellowship—and also time of wild consumerism. We seem to worship the mall and the Hallmark store, instead of our faith, our traditions, and our connection to our families and the world. Instead of spending money this season, consider spending time with those you love.

Here are some questions that can help you think ahead and help you create a memorable Holiday experience.

• What were the holidays like when you were a child? Were they lavish or low-budget?


• Were they well-planned or last-minute?


• What were your parents’ gift-giving rituals? Was there a spending limit per present? A resolution to only give presents to the children? At what age did you start giving presents to your parents?


• What interesting traditions do your family and friends have for the holidays? How have they saved time or money or added additional meaning to the season?


• What new traditions for the holidays have you started in your adult life? Why did you choose these?

This information is taken from our It’s Not About the Money (INATM) Club curriculum. If you’re interested in starting 2008 off on the right financial foot give me a call at 342-0478 or email me at lauralongville@inatm.com .

If you register for the INATM club by the end of November and pay in full for 3 months ($117) I will give you 3 months FREE a $117 value. You will receive 6 full months of the INATM Club for $117. What a great way to start off 2008! Visit here http://www.inatm.bizland.com/club.html for more information regarding the INATM Club.

Want to get off the merry-go-round?

Do you ever feel like your life is going in circles and repeating itself? When you do the same thing over and over again; be it a good thing or not, sometimes your vision gets narrowed. Have you ever noticed when you’re hiking in a difficult spot that your eyes get focused on the path right in front of you? You focus setting your foot in the right place and then plan your next step for safety.

Life can get like that too! We get so focused on “making it to the top” or “surviving the trail” that we don’t notice the beautiful scenery around us. Sometimes we even forget where we’re going.

As you anticipate the Holiday’s this year, be aware of your desire for the Holidays. Don’t let them take you over; rule your life. Be intentional in how you are going into the most wonderful time of the year.

Here are a few questions that may help you. Put yourself 3 months from now (Jan 25th, 2008) and ask yourself:

1. What memories do you want to create for the Holidays this year?


2. Standing there, what decisions do you need to make TODAY?

I would love to hear your ideas and believe our others readers could benefit from your insights as well. Click below to leave your comment.