"Each year, our Christmas season gets increasingly expensive. There are six of us in our family, and then, of course, there are aunts, uncles, cousins, grandparents, teachers, and bus drivers that we also like to show our appreciation to. The list goes on and on. As financially savvy as we try to be, we've found that sticking to a few simple gift-giving rules is our best bet to avoid excess spending during the happiest season."
"To keep things manageable, my siblings and I usually plan for our kids to exchange a set item - one year, the kids all gave books to each other - or stick to a budget of $10 per kid. Each cousin gets one gift from the other family, so we're able to keep costs down.My kids love the challenge of finding the perfect gift for their younger cousins, all while keeping a budget in mind. It becomes like a game to them in the store."
Holiday costs rise quickly for a large extended family that includes six immediate family members plus aunts, uncles, cousins, grandparents, teachers, and bus drivers. The family uses a few simple gift-giving rules to avoid excess spending while keeping celebrations meaningful. Cousins exchange one gift each under a set theme or a strict $10-per-child budget so each cousin receives a single present from the other family. Each child receives four gifts: something they want, something they need, something to wear, and something to read. Specific examples include a graphic novel, sports socks, earrings, and a small box of favorite snacks. The rules simplify shopping and promote equality among the children.
Read at Business Insider
Unable to calculate read time
Collection
[
|
...
]