Beating Broke Rule: Gift giving should be fun for all involved.
Whether the occasion be a birthday, anniversary, Christmas, or some other special occasion, giving gifts should be fun. We all know it’s fun to get gifts, but it really should be fun to give them as well.
And it goes without saying that if you’re overspending and blowing your budget that giving gifts can easily become a source of stress instead of joy. And when that happens, you begin to begrudge the people that you’re giving gifts too. This happens when you feel forced to give gifts as well.
Bottom line: Give yourself a budget for your entire list and adjust as necessary to fit within your overall budget.
Shane Ede is a business teacher and personal finance blogger. He holds dual Bachelors degrees in education and computer sciences, as well as a Masters Degree in educational technology. Shane is passionate about personal finance, literacy and helping others master their money. When he isn’t enjoying live music, Shane likes spending time with family, barbeque and meteorology.
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