<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > A smaller Christmas...

A smaller Christmas...

December 25th, 2008 at 11:10 pm

I decided that I really needed to spend less...actually I decided this back in February when I joined the Saving Advice forums. Christmas was no exception. My sister brought up the idea of only buying for the kids (my nieces and nephews) and I thought it really sounded GREAT!
I decided to set a budget for $25 for each child. I bought each of them a hooded sweatshirt from Aeropostale (they are teenagers - so these were a hit).
It went really well. They loved their stuff and I didn't have to spend a lot.
I'm toying with the idea of opening up a "gift" fund. If I would put $15 a pay (26 pays a year) into this fund, it would take care of birthday gifts and Christmas presents...I think I am going to do this!

::makes an ING sub account::

Posted in Uncategorized | 7 Comments »

7 Responses to “A smaller Christmas...”

  1. Amber Says:
    December 26th, 2008 at 01:28 am 1230254906
    1230254906

    Good for you, I think a gift fund would be great, you can use for B-days and other holidays

  2. baselle Says:
    December 26th, 2008 at 02:23 am 1230258194
    1230258194

    Not a bad idea. Reminds of when I was a kid and the banks all had a savings program called a "Christmas Club" account. With that - and layaway - we are all heading back to the '70's quickly.

  3. scrimpandsave Says:
    December 26th, 2008 at 12:14 pm 1230293680
    1230293680

    Yes, it would be just like a Christmas account! Actually, I wanted to put it into my credit union account, but my job already direct deposits money into my local bank account (bank of america) and also my ing account...so they said they cannot transfer money into my credit union account...I guess there is a limit on how many banks. Oh well, the ing sub account will work just fine! Smile

  4. Ima saver Says:
    December 26th, 2008 at 03:27 pm 1230305250
    1230305250

    I put away $30 a week for christmas and have done that for many many years.

  5. Amber Says:
    December 26th, 2008 at 03:34 pm 1230305657
    1230305657

    scrimpandsave,
    If you feel like being bothered you can set up to have funds direct deposit to your BoA and CU accounts and then set up automatic transfers from ING

  6. scrimpandsave Says:
    December 27th, 2008 at 08:14 pm 1230408891
    1230408891

    Amber,

    You are totally right! I forgot that this was possible! Thanks! Smile

  7. Amber Says:
    December 27th, 2008 at 11:59 pm 1230422377
    1230422377

    No problem, that's what we are here for...to bounce ideas off one another Big Grin

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]