Saturday, December 30, 2006

Reflections on a Frugal Christmas

Another Christmas giving season has come and gone, and it is time to reflect on what worked and what did not so that I will be prepared for next year. In total, I spent less than $185 on gifts for ~22 people. My budgeted amount was $200. Overall, I am very pleased with the amount of money that I spent and how I spent it. There are a few things that I hope to change for next year.
1) I'd like to do more homemade/creative gifts, but ONLY if it is something that the recipient would truly enjoy. No crocheted-doll-pajama-holders here!
2) I would like to rush less in gift selection. I started heavy duty shopping in July, and was finished up by September. This meant that some gifts were not as thoughtful as I would have liked for them to be. I am starting shopping now for next year, so hopefully that will allow enough time for creative selection.
3) I would like to do more food gifts, but not just sweets. For next year, I decided that I am going to do a couple of "Meal in a Basket" gifts for some of my friends. I would also like to bake some breads and pies for gifts, but no more cookies!
4) I would like to find more luxury items at rock bottom prices to give as gifts. We'll see how successful I will be at this. ;)
5) I would like to find more unique items tailored to the person. I generally know what my friends and family like, so I just need to keep that in mind as I shop.
6) I would like to attend more Christmas plays, concerts, and the like. This really gets me in the mood, and I need to remember to budget some money for this.

Things that worked well:
1) I stuck by my guns and did not get my "school" friends any additional gifts even though I worried that what I got them seemed paltry. They all really seemed to enjoy their stockings and scarves.
2) Shopping far in advance. This allowed me to be very relaxed about the whole season and allowed me to keep my focus on where it should be (Jesus) rather than on consumption.
3) Giving a couple of gifts to each family member. Even though I prefer doing gift baskets, I think it is more fun for people to have individual gifts to open at Christmas time. Maybe it's just me.
4) Sticking to my budget. I will be sticking with the $200 limit next year as well.

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