The holidays can take a lot out of you and in the midst of all that joyful hustle and bustle, you can end up overspending. That’s why I’m partnering with SunTrust Bank to talk about being meaningful within your means.
What we really should spend our money on are things that make memories… lucky for us, memories are free! Don’t buy just because you think you should buy, but instead put real thought and intent behind it.
That will save us a lot, since according to the National Retail Federation, the average American planned to spend about $800 celebrating Hanukkah, Christmas and/or Kwanzaa last year.
This year, I want to share with you an idea that we just love. It is the three-gift idea. Each family member gets three things. The reason that you do three is because Jesus received three gifts when he was born- from the Three Wise Men. These gifts aren’t your ordinary gifts, but so much more.
Gift #1- a Material thing.
This can be the toy or gift that they want, the electronic that they have been asking for, something that you think they would enjoy.
Gift #2- A Book.
Each person gets a new book. You can even make a personalized book here. I make personalized books for our kids and their friends for birthdays a lot. I love them! I still have mine from when I was little and I read it to our kids: “The Story of Timmy and Becky” (my brother and I.)
Gift #3- An Adventure.
Each child gets to pick somewhere really special (within reason) to go. We then plan for it – we pick a date over the following year, we research it and we make it a fun family adventure. It can be a new state, the beach, an amusement park, camping at a local park. Just remember that this gift is the gift of time.
This would be a great way to make the most of our time together, while our kids are young and HOME with us. Spending time together is always high on our lists. The holidays are for focusing on moments that matter. But for many Americans, financial stress can get in the way. This year, you can make small changes that make a big difference for your financial well-being.
In this holiday planning guide, you’ll find tips for getting organized and making a plan for holiday spending so you can feel confident in your ability to stay on track with your budget. You’ll see how other Americans are shopping, traveling, celebrating and giving in ways that make the holidays cost less, but mean more.
Here is a Download Guide and for more holiday planning advice visit holiday resources. Meaningful spending made easy with a budgeting tool to help you make a plan and stay on track with your holiday spending. Download here. This is a sponsored conversation written by me on behalf of SunTrust. The opinions and text are all mine.