Cutting Back on Christmas

In this tough economy, many families have beenfor new decorations, cards and wrapping paper.
forced to cut back on their Christmas spending.Instead, use things you have around the house.
However, it doesn't have to mean that you can'tUse the decorations saved from previous years
have a nice Christmas with the family. Here are aand get the kids to help you make decorations
few suggestions on how to approach Christmasand cards. It will add to the holiday fun.
with limited funds.- Be honest with children. If you have children and
- Set a budget. Determine how much money youyou are limited on the money you have to spend
can realistically afford to spend this holiday seasonfor the holidays, be honest with your kids. Tell
and stick to it. Do not use money from yourthem that with the tough economy, there won't
savings account. Financial security is much morebe as much money to spend for Christmas this
important to your family than some fancyyear. Most kids will understand.
Christmas presents.- Emphasize family time. The most important part
- Make the holidays for the kids. Be realistic.of the holidays, whether you have extra money
Instead of shopping for a long list of friends andto spend or not, should be the time that you
family, make it a point to buy nice presents forspend with your family and loved ones.
the kids in the family. Most adults will understandEven without extra money or gifts, the holiday
and may feel relieved that they don't have toseason can be a very special time if you plan
worry about buying a gift for you.ahead and make the time you spend with family
- Cut out the holiday fluff. Avoid spending moneyand friends interesting and fun.