Stalling out over the holidays

iVillage Member
Registered: 07-27-2009
Stalling out over the holidays
14
Tue, 11-13-2012 - 10:52pm

Does anyone else feel like they are stalling out over the holiday season? I have been on this journey for a few years now and I feel like putting everything on hold and using the extra cash this month for nice presents for the kids and parents. I have not been able to for several years, so I feel like this would be a nice thing to do. They all help out so much (especially now that I am in Master's classes every night) and I want to express my appreciation. I know, I know they don't NEED these gifts but I would love to show my gratitude with gifts that they need/want but won't purchase themselves. I have researched some perfect gifts for them and I would not be using credit to purchase them...Anyone else with holiday debt repayment fatigue?

JenAaron.jpg picture by jen2075


Pages

iVillage Member
Registered: 04-08-2008
Tue, 11-13-2012 - 11:04pm

We are completely "debt fatigued" here.

I would love to buy some cool presents for everyone but I won't. Luckily I have a couple of things I got really cheap during the year for DS1. ($14 on something regularly $30 and $9 for something $25)...plus I bought my niece a board game she already had so requested books instead...DS1 will get that too :)

DH and I are just not buying anything for each other. I want this part of our lives to be over as quickly as possible so in the end it is not worth it.

But if you know if you will be disappointed if you don't do that!

Dee

iVillage Member
Registered: 11-14-2008
Wed, 11-14-2012 - 11:08am

Hi Jen,

I know what you mean. Those cute little babies and people that help out with them are important! I have no idea what to get my MIL either. She baby sitts sometimes. I 'm going to try to make it something she will actually use and if I can think of something, perhaps something that is functional that will make her life easier.

For the baby I got a bunch of clearance items in the summer she will love to play with all for $10! I am going to make a contribution from us to her education fund. That will be more important for her future. Plus others will spoil her as they have mentioned doing so already!

We all get debt fatigued, trust me on this one. We have been doing it for a long time too. Eye on the prize and what it will feel like to be debt free!

iVillage Member
Registered: 10-09-1999
Wed, 11-14-2012 - 12:36pm

Oh, yeah fatigued here too.  Just trying to hold our heads up.  We have purchased a few gifts & already paid for them but of course that could have gone to pay down our mortgage!  We are also going on vacay in Dec & I know that will cost us, & our escrow is short & we will need to pay that in Dec & our house payments will increase in 2013 & we have dr bills to contend with also.  But fortunately I get a large end of year bonus & hopefully a bit of a raise in January.  Here is to treading water...

Cindylee

iVillage Member
Registered: 04-10-2003
Wed, 11-14-2012 - 1:05pm
I feel you. I consider this time of year a success if I don't go furhter into debt! I am lucky because I only pay property taxes for 10 months of the year. I still budget as if I pay them every month, so November and December I transfer the money into my Christmas account. I also add to it each pay so usually by this time of year I am covered. But to be sure, I usually divert money to the account until all bills are paid and then refocus on debt. In terms of debt fatigue . . . I hear you! I am so sick of it. Addmitedly, I am not in as much of a rush to pay it off as I could be, so I really need to get back on the wagon!

Bex -

iVillage Member
Registered: 05-08-2006
Wed, 11-14-2012 - 8:56pm
I think as far as kids go, it depends on their ages. Little ones can be happy with a few well chosen presents - in fact, I think more can be overwhelming. Older kids do have specific wants and 'needs' and it makes sense to invest in what they really do want rather than a bunch of stuff that isn't on their lists. My mom always wanted us to have many gifts to open, but many of them were underwear and socks...needed and something to open...and of course we got some things from our list, but never everything. My nephews are appalled at the thought that we got socks a presents, but it was what we expected, and I don't remember minding. For adults, I think it can be hard to buy useful and/or wanted gifts but if you feel like the money you spend will not be on something that sits on a shelf, then I think it is a valid decision to decide to spend rather than pay bills one month out of the year...but not to charge anything. Usually I would say that spending time was a better gift, but sounds like that isn't an option for you this year. The most important part of the holidays is if you can share loving moments with your family...gifts are just the cherry on the sundae...
iVillage Member
Registered: 10-01-2008
Thu, 11-15-2012 - 10:40am

Well it stinks on my end too.  I'm usually so much more prepared than this year.  I have no earthly idea what went wrong other than we took the Sept. trip to Florida on a business/pleasure trip.  I never realized that funds were so tight and that was a big bite out of my Christmas money.  I don't know what the heck has happened, but for the past 6 mos. my living expense, aka, food & gas have shot through the roof.  I am so carefull with our money but it keeps pulling a disappearing act.  I hope to have about $300 - $400 more for Christmas gifts next week, but then I have to purchase special stuff for Thanksgiving dinner, so that blows my food budget.  I drive a diesel truck to work, so I'm spending about $70 -80 a week on fuel.  STINKS!  Our son has my little car and it's really putting me in a bind, but they are too.  The only gift I have purchased is for grandson who is six.  We take him for a pair of boots every year right before Christmas, so this will more than likely be all he is getting.  The other gift was $173.  That's enough!  I seriously doubt we will get each other a gift this year, bummer  :(  

Why, why, why, do I feel like I'm going backwards.  Bascially everything has went up in price and I am the only one that has had a raise in 3.5 yrs. and that was only $18 a week net.  DH got a bonus but the Bankruptcy court insisted we apply it to medical bills.  Thank goodness they let us do that.  Now no medical or dental bills.  That's a GOOD THING!!!!  

Lord help me because it's just getting tighter and tighter.  I don't have a lot of fight left in me.  66.45 weeks to go @ $518 a week = $34,422.  GOD, please let is go by fast  ......

Community Leader
Registered: 08-25-2006
Thu, 11-15-2012 - 5:32pm

Well, once I just accepted the fact that I would be broke until February, I have just been grateful to be able to pay my bills.  Every car payment and loan payment is a dent in my total debt. 

I don't have as much put up this year as I did last year for Christmas.  I have less than $100 stashed. 

@ Country gal, yes...things keep going up!   My only saving grace has been the price reduction in fuel. 

Anyone talked to Kate lately? 

Serenity
iVillage Member
Registered: 11-14-2008
Fri, 11-16-2012 - 10:20am

I miss our Kate dearly! I hope everything is ok on her end!

iVillage Member
Registered: 07-27-2009
Fri, 11-16-2012 - 10:41am

Me too...Come back to us Kate :)

JenAaron.jpg picture by jen2075


iVillage Member
Registered: 05-08-2006
Fri, 11-16-2012 - 1:58pm
I think I am beginning to question the whole concept of gift giving...or purchasing anyway. Stores are opening on Thanksgiving so people can get a jump on Christmas shopping...really? We are giving up one day of family togetherness that focuses on gratitude to be prepared for one that focuses on...I don't know, maybe giving but maybe greed? I love many things about the holidays..the lights and decorations, the smells of yummy food cooking, the laughter around a table filled with people who love one another...I like shopping and giving presents, but I hate the stress of knowing the right thing to buy and of receiving gracefully what others have chosen for me which may not reflect who I think I am. I like wrapping presents, but feel sad to see the paper and ribbon strewn about after the wrapping is undone....I am actually going to be away from my family this year at Christmas, and have opted out of the gift giving...I am almost hoping I can make this permanent...not because of the money part but because I would like to change my focus from things to experiences. This might sound bah humbug and I don't mean it to...the magic of Christmas will always include the concept of Santa and also 'the perfect gift' but I wonder how many of us received something in the past five years that was truly memorable, or gave a gift that was really needed...and how much of our holiday anticipation is happiness and how much dread...

Pages