So I opted to take the advice of some stellar Christmas planners on this board (you know who you are) and plan out my Christmas budget). Even with cutting back on some people it STILL came out to $1060.00. Egads. Part of this is the fact that I've now got a staff of three reporting in to me and they have worked their tails off this past year so I want to recognize that.
Now, this budget accounts for EVERYTHING (i.e. cost of ingredients for cookies, dinner, gas to get to family, gifts, hostess gifts, gas to go to Ottawa to spend the weekend making presents with my friends) etc.
I'm going to take a look and see if I can cut back 10% to bring it under $1k. Luckily I have been putting money aside all season for this and I use the fact that I don't pay property tax in November or December to cover it (My city only takes taxes out Jan-Oct but I still include it as part of my budget and send the difference to the Christmas fund). I will still need to take $250 from my government cheque to make sure I have enough to cover it.
I feel better though having a plan. In reality, I probably spend WAY more then this every year but have just never tracked it!