I didn’t know what to call this article, How to save money at Christmas or ‘Tis the season to be freaking out about our budgets! So I chose both! For many Christmas is a decision on not what we want to get the kids for Christmas but what we can afford. Sadly for some they have it the other way around which sends them into the new year in debt.
So let’s share our top Christmas budget tips with each other so we can all enter 2018 debt free (or at least no new debt from Christmas 2017).
So with just 3 weeks to (AHHHHHHHHHHHHHHHHHHHH!!!) what do you do if times are tough. Improvise!
What would you add to the list?
If you’re looking for a gift for teens then check out our $10 book Beyond School: Practical Tips for Teens. You can pick up your copy HERE
So my top tips: Work out your budget and stick to it, make your list, don’t deviate from it and get creative.
Happy Christmas shopping everyone. I’d love to hear your tips? and how you and your family do Christmas?
Tis the season… to batten down the hatches parents. School holidays are fast approaching, but first, the last two weeks of school need to be survived! We can do it. Hang on!
We all know what I”m talking about. That last two weeks of term. The tireds. The tanties. The “I just can’t be bothereds” and that’s just us let alone our kids.
You are not alone. Almost every parent of school kids is on the same journey.
5 tips to get you through the next fortnight:
This is the time of year to let a ‘tude or two slide, the time of year to cut your kid some slack, but not if they’re being disrespectful. It’s okay for them to lose their cool, but not at you. You are not a punching bag. Let them cool off in their own way – often hiding in their room or jumping on the trampoline for two hours! Let them know it’s okay to lose it occasionally, but not at others. Teach them how to handle the ‘meltdowns’ of life. They’ll need it as adults too!
This is the busy time of year. We’re in a hurry. Nothing sets teens, and primary school kids off more than having their every move controlled, planned, manouvered and checked. Give them some space.
You don’t have to do everything. There will be carols nights, fireworks nights, award ceremonies, concerts, mini concerts, parades, tree lightings, break up parties etc etc etc You don’t have to attend everything you’re invited to. It’s okay to prioritise what’s important to you and your family, and let everything else slide.
Kids pick up parent’s anxieties. Take an extra 10 minutes at night as you collapse into bed to meditate. Try getting up 10 minutes earlier and meditating of a morning. Long. Deep. Regular breaths are crucial as is remaining grateful – keep that gratitude list replaying in your head. When you’re stuck in traffic, running 10 minutes late for your child’s “insert any activity”, and all the mummy guilt in the world is running through your head and heart.. take a big breath, relax your shoulders and think of some things you’re grateful for. You’ll be late. That’s life.
Over dinner one night get a piece of paper and have each child come up with a school holiday FREE event that you can all do as a family. Their answers may surprise you. Set a date that you WILL do each. Write these on a sheet of paper, put them on the fridge. This gives you all something to look forward to, and reminds you just two weeks to go, you can make it!
Enjoy as much of the last two weeks as you can – swimming carnivals, school discos, carols nights, performance nights/days, awards days/nights, parent teacher interviews, excursions, break up parties etc etc etc.
HANG ON..we’re nearly there, then the real fun begins 😉
Have you joined our Facebook group yet? You can do so HERE
Looking for a book for your teens for Christmas? Check out Beyond School: Practical Tips for Teens HERE
The B word.. Budgeting, none of us particularly like it. Most of us cringe at the thought of it. It is however a necessity in getting ahead and not spending your life looking back. I think it was John Maxwell who said Budgeting is telling your money what to do rather than wondering where it went!
Google, and a host of well meaning Facebook memes tell me it’s just 26 weeks until Christmas 2017. That’s half a year! And the good news is with some small changes in your household, you can change financial direction and have a great Christmas, a great holiday and pay off any debts you have (some will take a lot longer). Great doesn’t have to mean big and expensive. Some of our most memorable family moments have been camping in a National Park that cost us less than $25 a night.
Only a few years ago I was counting every cent and had to beg friends for help by laying my heart, and our situation, on the line. Fast forward a few years, a few changes (physical and mentally) and a few improvements and here I am having just taken the kids on an amazing overseas holiday, I’m debt free (apart from that pesky HECS debt) and planning on buying myself and the kids a home (yep I regret selling our family home a decade ago). So here’s some of the top tips I’ve learnt and hope they help you too.
Oh but first have you joined our Facebook Group: Parenting Australia with Mentor Mumma? If not, click HERE
You will be amazed when you start keeping a record of where waste appears and areas you’re spending in that you never realised. By keeping a record of every cent spent you get an idea of where the ‘holes in your bucket are’ and where you can make changes. A 25c exercise book from Woolworths will do.
From this day forward any $2 coins you get, go straight into this bottle. Cut a hole in the top and super glue the lid shut so you can’t get anything out (nor can the kids!). Just keep filling it until it gets to the top, and when you do you should have close to $1000. Some people put any new $5 notes they get in theirs too. Depends on where your budget’s at. This is your ‘adventure’ money. Money set aside for a family memory making event.
Every year get new prices on your insurances.
Set up a direct debit or credit situation where you automatically make payments to your main bills ahead of time, each fortnight (or pay period) for electricity, phone, internet, etc so that you never have a bill again, you’re always ahead.
Shop wisely by creating meal plans, using what’s in the pantry and avoiding as much wastage as possible.
Simple Savings taught me the $21 challenge which I adapted to the $30 challenge. One week take an inventory of what’s in your fridge, freezer and pantry. Then work out what meals you can make with that. The $30 for the little extras you need to complete a week’s worth of meals using what’s already in the fridge/freezer and pantry. This will save a small fortune when done every six to eight weeks.
Plan, plan, plan.
Unless you own your own home and have a redraw facility that benefits your mortgage, and you are also extremely disciplined to pay the card off every month without fail, then do not ever have a credit card. They give you a false sense of security. They teach you bad habits – living off what you don’t have yet. And they 99.9% of the time lead people into financial hardship and a never ending cycle of debt. Instead, only live on what you have and that may at times mean going without, sacrificing and having a few baked beans on toast meals. It’s worth it in the end. You’d also be surprised how many meals you can make with baked beans, just saying.
I saw a billboard recently that said most humans spend more time planning their annual holiday than they do their future and retirement. It’s true. Start to set yourself financial goals. Get your superannuation in order. Dare to dream.
As a single mum I run my family like a team. Everyone plays their part. That means when we have holidays, everyone saves their own spending money, everyone contributes to the family in some way be that saving their own money or turning off the lights, turning power points off at the wall when not in use (this saves a small fortune too), having cold showers in summer, using a timer for hot showers in winter (cause let’s face it we all want to stay in there for an hour!), etc.
I’m reading a great book at the moment by Scott Pape called the Barefoot Investor. For it to be any good to you, you have to be above the poverty line and earning a decent income. HOWEVER, some of his basic principles can be applied:
Christmas is what you make it. If you choose to make it about gifts and overspending and getting in to debt, then that’s what you are teaching your children. THIS is the year you get to decide what legacy you want for your children’s future. DO NOT go into debt for Christmas, or anything else for that matter other than a roof over your head. Rediscover family, rediscover connectedness, put balance into your lives, and start the new year without a Christmas debt hangover. Start your Christmas bottle now – start putting $2 coins into it and what’s in there at Christmas time is what you spend. Nothing easier than that.
Don’t be afraid to dream. Work on your mindset. If things are working for you, change yourself first. I have a great ebook to help you do this if you’re struggling. Hat Trick Therapy: Three ways to change your life – Just $4.95 HERE
There are so many more tips to get ahead financially, but prioritising your expenditure is a key one. I would love to hear your budgeting tips and tricks, success stories, and even failures too because everyone wise knows, failure is a major step in the success process.
Wherever you’re at financially, this is not where you have to live. This is not where your story ends. This is just the beginning.. you get to write the rest of your chapters. YOU get to make changes that change your life, and that of your kids lives. You’ve got this. If I can do it, then seriously, anyone can.
Have an amazing week,
Office supply shops are doing their biggest trade of the year. Shoe shops are inundated. Socks are flying off the racks. “omg what is that smell’ has been found, in the bottom of someone’s school back from 6 weeks ago! Yep, it’s the lead up to back to school which means just one more week of school holidays *insert sad face*.
Which brings me to my question, how many memories did you and yours create these holidays?
We created some big ones. Master 8’s first ever plane ride (which was part of a work junket). Kids spending time with one of the most amazeballs people in the world in Townsville. Checking out beaches, rock pools and anywhere to keep cool. Spending Christmas with my brother and his family at mums and her pool and ocean breezes! A midnight to 6am road trip to get to Mums! Lots of memories created. Most were free or very low cost. All included lots of laughs, jokes, fun and of course the occasional tired tanty (often by me!!). Then there were the high cost events we did that were great memory makers such as taking the kids to speedway for my birthday! A trip to the movies with recliner seats and all the bells and whistles, popcorn and treats. (Almost had to sell a kidney for that one!).
One of the big tricks I use to keeping costs down is at the start of each week or holiday I give the kids a lump sum of money, they can spend that any way they like but once it’s gone it’s gone. If there’s anything left over it’s theirs to spend. This is when you see them making smart choices, learning to budget and prioritise, and it saves me a small fortune. Highly recommend it. Eg when we went to Townsville for the week I paid for them to visit Magnetic Island and they had an additional $80 for the six days we were there for the movies, lunches, outings they’d do with Aunty Jarrxi. They all came home with money! Jax wondered why they were so grateful when she bought them all an ice-cream at the movies hehehe.
Memories are created from people who love each other spending time together doing things they enjoy. That’s what makes a great holiday and lifetime memories, not the cost. I hope whatever you did you enjoyed it and I”d love to hear what you did to create memories with yours these holidays. Still a week left to create more……
aka Jo xo
Farewell 2016 you mixed bag of emotions. Helloooooo 2017 you bright shiny blank canvas of hope.
We can all agree that 2016 brought some horrendous news. I personally had several friends who lost loved ones – children, adult children, parents and step parents. Those kinds of events break your heart repeatedly ad infinitum and there’s no recovery, there’s just learning to live with the pain. I had friends who had some horrendous diagnosis themselves which has required strength from them they never knew they possessed. Then of course there was the horrid news of so many celebrity deaths. And a host of other ‘bad/sad’ news from other friends and acquaintenances. Other friends had struggles to overcome. We stand with those we love, our hearts break with theirs yet life has to go on and that doesn’t diminish their pain, their experiences or their ongoing journeys.
So then on the other hand, having said the above, 2016 also held some amazingly awesome moments. For starters I wrote, published and sold my first book. V V exciting! My kids all excelled and put in 110% effort at school and life. I got to travel for work which is really one of my favourite ways to do it … the free way! AND it took me to one of the great loves of my lives place, three times!
And around the world amazing things also happened.
My top 5 are:
For more you can read a list of another 94 here at Quartz
As for 2017, it holds so much hope. It’s a blank canvas all set for you to create any way you want!
Have you set your goals yet? Have you done a vision board and got the family dreaming and setting goals?
I love the quote: “A dream without a goal is just a wish!”
As you farewell 2016 may you be surrounded by people you love. May your healing begin where needed. May you begin to dream for yourself. May your celebrations place 2016 in the past. And as you welcome 2017 May your families be blessed. May your goals be set. May you know peace, love, happiness and amazingly awesome adventures throughout the coming year. It’s yours to create.
And don’t forget to kick start 2017 by entering our competition to win a 2 night family getaway here
Farewell 2016. Welcome 2017 you shiny blank canvas of hope.