During the holidays do you spend way out of control and over budget – and not say a word about your overspending to your partner? Do you just wait until the credit card bill arrives in late January and then have a huge blow out fight? Or do you pay cash so your partner doesn’t know how much you really spent on the Ivanka Trump shoes you bought for your daughter?
Maybe you don’t even realize how much you are (over) spending on your holiday purchases because you truly get caught up in the spirit of the gift-giving season. If any of the above situations describe your spending habits during the holidays, below are 3 tips for avoiding money fights during the holidays.
- Make a list of people you and your partner have agreed to purchase gifts for this holiday season and stick to the list. Do not add names as you go along. If you didn’t put the substitute teacher on the original gift-giving list – and you just remembered them while in the store – do not buy a gift for them. If you really, really, really want to let this substitute teacher know you are thinking about them during the holidays, bake them a pie or give them a call and let them know you are thinking of them. Believe me, we all realize what a precious commodity time is for everyone – especially during the holidays; and people will appreciate the fact that you took time out of your hectic holiday schedule to think of them.
- Speak with your partner and agree on a budget before you even think about shopping for anyone on your list. I know, I know, it sounds boring and the holidays are all about giving, but remember, less can be more. Really.
- Avoid impulsive purchases. Just because something is on “sale” it doesn’t mean you have to buy it. If the sale item is over-budget for the person you would be buying this gift for – do not buy it. It doesn’t matter that it is on sale – walk away from it. The receiver of the gift will never know you passed on that great pair of earrings you thought had their name written all over them.
My experience as a relationship expert reveals that a little bit of pre-arranged conversations and budgeting between you and your partner will go a long way in avoiding holiday money fights – before, during and after the holidays.
A final word – remember, it doesn’t cost a dime to show people your love and affection for them. Try to remember “less is more” and time spent together creates memories that last a lifetime and leave a legacy!
Rekindle Romance and Happiness in Your Relationship,
Dr. Patty Ann