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Christmas spending strategy

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Every year we have a crazy travel schedule and a lot of people to see and catch up with over the holidays. It’s always a lot of fun driving cross country, staying in random hotels with family and friends, being fed everything and anything (mostly sugar, cookies, and gas station food) and eventually wearing dirty socks because everything in our suitcases has already been worn twice. It doesn’t sound like fun but it’s slap happy and full of my favorite people! I can’t wait for the adventures this year.

We try to plan for extra Christmas spending every year and do a good job of that. My issue is that we do the majority of the gift buying on the fly and that leaves very little time to plan and that means we don’t save money on our any of our gift purchases. What typically happens is at the very last minute, (less than a week before christmas) we find ourselves with a list of names and a general idea of what we might want to get each person. We end up running to the store with a list of names or paying crazy shipping for things we buy online. Not fun or practical.

This year I am doing cheerleader kicks, cartwheels, and I’ve been high fiving myself left and right because WE are hosting Christmas at OUR house!!!! YESS! I’ve loved Christmas hosted by everyone else, but hosting has a lot of advantages. For one, we don’t have to travel. I’m hoping that staying home for Christmas will take some of the stress of travel away and leave us time to plan purchases better. Instead of worrying about getting us across the country with everything we need and gifts, we just have to worry about gifts. What a relief!

Also, not having to travel will save us a ton of money. Even driving expenses really add up. Because I’m hosting, I feel like I can ask guests to forgo big gifts and stick to stocking stuffers for this years christmas for the adults in the family. I can’t guarantee that my family will play along, but as the host, I can make that suggestion and cross my fingers. I’ve always felt like I had to play along with our parents wishes for the holidays, and we did so respectfully. This year I’m excited to try some alternative ways of sharing and spending the holiday together. Maybe they’ll even like doing a white elephant exchange? You never know! It’s not that I don’t want to spend money on giving gifts to my loved ones, I think it’s more that we should spend time enjoying each other rather than focusing on gifts. Just pondering this.

What’s your gift giving and spending strategy this year ?
Last leg of last years travel:

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Last years tree:

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Ice skating at whole foods: (I was showing off and ran into that guy 3 seconds after this was taken)

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He Said/She Said: Black Friday

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We are going to try a format called He Said/She Said today. Credit is due, though, as we saw this idea on another blog. Check out Our Freaking Budget. This is a beautifully designed blog by two (now three) obviously beautiful (and now debt-free) people.  We stole their idea without asking, so go visit their blog so they get some traffic from our pilferage.

So, without further adieu,
He Said/She Said:  “Our Kind of Messed Up Relationship with Black Friday,”
or, “We still don’t need a KitchenAid stand mixer”

She (Emily) Said:
I’ve never really understood Black Friday, but I can’t judge it too harshly because I’ve never tried to understand it. I was invited to go with Adam’s mom our first Thanksgiving with them, and I just couldn’t do it. I think they left at 3 or 4 am? I’m just not a morning person! I couldn’t think of anything I wanted more than sleep. 🙂

Also, I think most of the deals are for items I would much rather hunt for at goodwill, garage sales, and on eBay. At rock bottom retail prices, second hand items come in at right around the same price as new, but I feel I’m getting the added benefits of better quality, maybe a more unique design, and not having to worry about kids in China making clothing just for me or retail workers not being able to enjoy thanksgiving with their families. I also don’t have to fight the crowds or hassle with searching out the deals in the papers.

At the same time, you all know I have my own spending vices, they’re just not your typical Black Friday deals. There are a couple stores I like that I might peek at on Friday (anthropologie usually does 40% off their sale merchandise and Gap does 40% off everything- also, Gap has tall clothes for women, YES!!!!) but the stores I want to look at I can quickly shop their inventory from my phone without taking too much of a break from family time. I know I don’t NEED anything so unless there’s a screaming deal I most likely won’t be buying this year. I really am looking forward to spending time with Adam’s dad and stepmom and their big crazy family. They love to play dominos and the kids play basketball and maybe they’ll let me toss the football around the yard, too. Good food, good times. Thanksgiving is my favorite holiday! Why ruin it by focusing on Black Friday? Ugh!

He (Adam) Said:
I go back and forth on Black Friday. My grandparents on my mother’s side had 3 daughters and the family remained very close while my grandparents were still alive. So after the Thanksgiving festivities, my mom and her sisters got a little crazy every year on Black Friday. I remember one year when my older cousin watched the younger ones while we played Sonic the hedgehog and watched Christmas movies, and I think my mom and aunts were gone shopping from open to close that year. And there was always the ensuing effort to get the kids home but keep the goods hidden, and we always wondered what we’d find under the tree. So along with Thanksgiving and Christmas, even Black Friday evokes feelings of excitement and anticipation for me.

I think one of the defining characteristics of the Millennial generation is that we will be somewhat less materialistic than our parents’ generation was. We have witnessed the boom and bust cycles of the 90s, and especially the 2000s. We have seen our parents chasing and buying and storing all this STUFF  in their McMansions and storage units, and now they have TV shows about people trying to declutter their lives and quit hoarding. I have never seen these shows, but I bet none of the hoarders are Millennials, unless they truly have an illness.

I believe my generation wants something fundamentally different. We certainly have our own major flaws, and this is not a defense of Millennialism, although I could gladly write one. But I sense that we prefer experiences over stuff, we prefer to consume and discard rather than accumulate. We often prefer to rent rather than buy. We share and borrow rather than compete with the Joneses. You’ve certainly noticed the success of subscription-based businesses across the board. Netflix, Hulu, Zipcar, Chocolate/Tea/Bacon of the Month, cloud computing, Spotify, Rent the Runway, etc. We also like new experiences and consumption. We’d often rather go to a concert or to the new restaurant instead of owning a DVD or a Ninja Cooking System. In fact, even our restaurants are transient – the food truck revolution means we can try your fare and you can move on down the road!

So this time of year, my mom always asks me for a Christmas list. And I know deep in my heart that my parents worked very hard in their lives to provide nice things for us, and through some of the financial difficulties they had, saving mega money using coupons and events like Black Friday was the only way they were able to do some things for us. And for my mom, the act of shopping is truly entertainment. So I always struggle to honor my parents by giving a reasonable Christmas list of a few things we can use that will make our home nicer and more comfortable and make our lives easier. But we also want to resist the urge to accumulate things that we won’t really use much and force us to own bigger homes for all our stuff. We stress to our parents that we’d rather see them, spend time together, or play a game with them rather than have them buy us things. But you can’t really change people, so I am still working on my Christmas list and looking at a few Black Friday deals I can circle in the advertisement circulars for my mom to go hunt down.

I am also looking to see if there’s anything we have really wanted that may be more affordable on Black Friday. Except for some tools, and maybe some dishes, I think we are fairly happy. We will wait for you to buy it on Black Friday, and then we will buy it from you at your garage sale in May.