With the festive season well and truly upon us you may be starting to look forward to all that the season brings... aside from the financial stress that many of us feel around this time of year.
To help you bring some financial hope back into your life, here are five things you can do today to take away the financial fright of Christmas.
1) Know your limit
To figure out how much money you will have available to spend, write down all of your expenses and subtract that from your income. Then stick to your budget.
2) Make a list and check it twice
Who do you really need to get a gift for and who will be fine with a nice Christmas card.
3) Pick a family
Instead of getting a gift for each person in a family, try picking a family and get a gift for the entire family to share.
4) Be straight with your kids
Be clear with the kids about what to expect e.g. one family tells their children that they will get two presents from mum and dad and two from Santa. When they know up front, it make things easier at Christmas time.
5) Avoid going into debt for Christmas
Realise this… your numbers are what they are. You need to know the resources you have available. And then make the best of it.