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Christmas Budget

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xboxundone
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Christmas Budget  Reply with quote  

Do you ahve a Christmas budget... Christmas is part fo the year when millions rack up millions on Credit card debt just to make it their new years resolution to pay it off.

So did you have a budget, and did you stick to it?

Post Mon Dec 13, 2004 5:30 pm
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Andrew
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Shopping is the wife's department, and I think the budget is simply the total after said shopping is done. Wink At least it's not going on the credit card!
Post Mon Dec 13, 2004 6:05 pm
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xboxundone
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quote:
Originally posted by Andrew
Shopping is the wife's department, and I think the budget is simply the total after said shopping is done. Wink At least it's not going on the credit card!
]


Well thats good My wife did most of the shopping also but she came up with amount and I ok'd it and she actually came in 50 bucks under!! Smile WOOOHHOOOO to bad she bought a new outfit with the 50 so in my eyes she came in dead even Wink

Post Tue Dec 14, 2004 2:11 am
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Andrew
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There's something to celebrate! Wink
Post Tue Dec 14, 2004 2:15 am
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mayesey
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yeah the wife does the shopping around here, dont tend to tell her how much she can spend or she might get in a mood Razz
Post Wed Dec 15, 2004 8:38 pm
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xboxundone
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quote:
Originally posted by mayesey
yeah the wife does the shopping around here, dont tend to tell her how much she can spend or she might get in a mood Razz
*LOL* Well I tell mine she has to stick to a budget or all she will get is cleaning supplies Wink it has worked so far Wink



Last edited by xboxundone on Thu Dec 16, 2004 8:48 pm; edited 1 time in total
Post Wed Dec 15, 2004 9:04 pm
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Andrew
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chuckle Laughing
Post Wed Dec 15, 2004 9:15 pm
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damondietz
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ha ha
Post Thu Dec 16, 2004 6:27 pm
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marotta
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Re: Christmas Budget  Reply with quote  

quote:
Originally posted by xboxundone
Do you have a Christmas Budget, and did you stick to it?


We use a "Gifts" Budget of 2% of our income. Less than 1% is for Christmas and about 1% is for birthdays and other holidays.

We buy the family a "present" for our anniversary, but it is out of the "big purchases" budget that is for large purchases that we have to budget, save and postpone for. Each year we pick one for our anniversary.

We also have a charity section that is about 10% of our budget.

For more detail view

Family Budgeting
http://www.emarotta.com/article.php?ID=84

That's a good rule of thumb.

David John Marotta
Marotta Asset Management, Inc.
Fee-only Financial Planning
http://www.emarotta.com
Post Sat Jan 01, 2005 2:33 am
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ku
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My birthday is on New Years Eve, so I usually cash in at Christmas and New Years time. Since I'm still reasonably young (20 years old) my parents still give me presents for my birthday but they just give me money, which is good because I know what I want more than my parents do.

A good place to buy christmas presents is Ebay. If you get a present you don't like it's a good idea to sell it on Ebay and then buy something else.
Post Sun Jan 02, 2005 3:58 am
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