Gifts for Christmas: To over-indulge or live within means?
Preparing for Christmas can be a financial strain. In addition to planning a spectacular meal with all the trimmings, consumers feel compelled to buy gifts for family and friends. The pressure is even greater with parents because children often expect numerous gifts that sometimes cost a lot of money. Although it is common for parents to over-indulge when purchasing presents for their children, you should consider scaling back the gift list and focusing on the sentimental value that the holiday brings.
Aside from financial consequences associated with spending too much in an unstable economy, over-indulging is not good for your child’s attitude. While all children do not associate love with material possessions, some kids may measure your love for them by the amount of gifts around the Christmas tree. Such attitudes about love are not helpful when you cannot give them extravagant material possessions in the future. It is okay to give your children the best gifts, but even better to explain the central meaning of Christmas; whether that meaning be religious, importance of family, or any other significant measure.
What are your thoughts?
4 Comments to “Gifts for Christmas: To over-indulge or live within means?”
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It’s specific not pacific…
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I have to admit that when my 2 boys were toddlers I use to go crazy for Christmas. You could barely see the tree for all the junk that I use to buy. I remember gettting upset when I couldn’t but a pacific toy and my kids hadn’t even asked for it! It seems like I wanted certain things for them and was putting pressure on myself to get it. But I quickly learned and when they were 3 and 4 I stopped (my husband and our bank account is very happy). For the past 6 years I have stuck to the 5 gift apiece rule and they are not expensive gifts either. All 10 toys came up to $196 I shop on clearance, sales and use coupons plus I start shopping around August and just put things up.
If I cannot afford it, I refuse to put myself in debt to appease others. If the ones I give gifts to do not appreciate what they get, next year they wont receive any to complain about.