I feel attacked! 😂
Most people don't have a holiday budget, they just wing it and hope for the best when the bills come in January. No shame, just facts.
The estimates on holiday spending are all over the board the lowest I read was $350 a person but that was just gifts, add food and decor that's another $300. Family of 4 $2200 to $2600. Of course this is based on old data, add another 2-6% for increased food prices and tariff increases.
If the season is stressing you out, a simple plan can change everything. Plus why start 2026 with financial anxiety? This is where getting organized can and will help you.
If you are tired of the hustle, bustle and nonstop juggling, it might be time to shift that energy to Jingling All The Way! And don't worry, I bring the bells. 🔔
Double tap if you can relate.
Would your bank make this call to you?
#wealthinspired #spendinghabits #womenandmoney #financialcoachingwithamy
Holiday spending can sneak up on anyone, especially when you don’t have a clear plan. Many people tend to "wing it" during the holidays, hoping for the best when the bills arrive. However, creating even a simple, realistic budget can transform holiday stress into festive joy. Based on recent estimates, the average gift spending hovers around $350 per person, with an additional $300 added for food and decorations. For a family of four, this totals approximately $2200 to $2600, factoring in increases due to food price inflation and tariffs which can raise costs by 2-6% each year. Staying on top of your holiday expenses requires organizing your spending categories early. Start by tracking how much you typically spend each time you leave the house; sometimes, reducing impulse purchases can free up cash for holiday gifts and celebrations. The phrase, "How much do you spend every time you leave the house? Just stay in the house!" highlights how small, frequent expenses add up. Keep in mind that banks or financial coaches rarely make "calls" to remind about your holiday budget, so it's crucial to self-manage your finances proactively. Consider setting up a dedicated holiday fund early in the year and contributing monthly, so when the season arrives, the funds are ready and waiting. If the holiday hustle has you overwhelmed, try shifting focus from frantic spending to meaningful experiences. Embrace simpler celebrations that don’t require extravagant expenses. Jingling all the way doesn’t always mean spending all the way—it can mean joyfully managing your money while still enjoying the season. Ultimately, avoiding financial anxiety as you head into 2026 starts with acknowledging where your money goes, planning ahead, and organizing your finances. With a clear budget and smart spending habits, you can enjoy a merry and bright holiday season without the January blues.