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I’m using this medium and the opportunity to wish everyone out there on the forum a jolly and a merry Christmas.  I hope we all get to see and spend some time with loved ones, family and friends while spreading love, joy and cheer.

I also wish to remind everyone that we should spend money wisely and be very prudent. We should remember that by January of the next year, there would be a lot of bills that would need to be paid. So remember that while shopping for those items that may seem to be relevant and cool to get now but would be definitely irrelevant later on.
By January, a lot of people would probably be heading to the bank after going all out with their funds during Christmas to take loans to settle whatever bills would arise and there would be a lot that would arise!
I think money is always tight for most people in January cause they spent a whole lot of money during the Christmas period.

So while having a good time with friends, family and loved ones during this festive season, please remember that January, with all its bills is around the corner.

A very merry Christmas everyone!!!

Well, I think it is too late for such advice now. Everyone who wanted to spend money on Christmas has already done so, since it is getting close to Christmas around the world. But hey, at least we can all learn from our mistakes and make a plan to have a more financially responsible holiday season next year!

Merry Christmas to you too!

Now that you've mentioned it, I've caught myself falling in the "trap" of thinking it's Christmas and it's okay to spend money, thus, I ended up spending more money than I had anticipated. It's extremely easy to get carried away, I wouldn't call buying a few more gifts a mistake, unless they're completely unnecessary. I'm trying not to be overly concerned about money but it's generally good to keep track of what you're spending.

Anyway, merry Christmas to you!

Well written and I wish you Merry Christmas and Happy New Year!
This is a period of love and we need to endeavour to spread the love and channel it to every persons around us to partake in the celebration of the birth of Christ. This is not the time to start spending money extravagantly because we want people to fill the impact. Even though we have enough funds to spend, we can always cut it and send some to the needed because I believe there are some persons who do not have the fund right now to foot there bills. I hope next year is going to be a great year to us all, accomplishing many we couldn't achieve this year.
I wish everyone a great year ahead!

Christmas has come and everything is about to pass, but before us is a new year. I think OP's advice is still valid for New Year's Days. Financial advice is very useful but not so that we are afraid to spend after a year of hard work, the end of the year is when we should take some time to enjoy life with our loved ones.

Christmas spending, enjoyment of the season and coming back in January to cry over split milk is just something that's there over and over again. Is really good to make the festive season a happy one, I mean what's the reason of hustling from January to December and you have to save all you've worked for, instead of enjoying yourself, you just act like you're broke because you're avoiding January stress.

Life is too short to be letting worries take away the time we're suppose to use to celebrate with our loved ones, am not saying you should go all out spending money just because you have but what ever you're doing mate, do it with wisdom. All am saying is, spend and enjoy yourself but have a plan B.

I just dined with the family and slept afterwards. I avoided that conversation regarding cash gifts aside from presents that were wrapped under the tree. I'm sure they'll understand that my finances are very tight albeit earning quite comfortably for the past few years. Luckily I avoided gifting a lot of cash unnecessarily this year, and have kept from withdrawing a large amount just to give it away. Even though it's a once a year thing, we should still check our spending and steer away from irresponsible spending.

We are not machines and there is a lot of ads all over the place trying to make us to spend more money than what we should, so it is to be expected that it would be difficult to resist the temptation to spend our money, but as long as we do this within reason then this is not too much of a problem, still it is important to keep a strict budget for the upcoming months as the beginning of the new year is when many bills are due and it is awful to begin the year without the money needed to pay them and to have to ask for loan for something so fundamental.

Not only during major holidays like this but in all cases we should avoid extravagant spending, especially this year when inflation and crisis are draining our wallets, we need to save more.
This year, we also just dined with loved ones instead of giving gifts to each other like in previous years because we knew that we were all struggling financially.
But another Christmas season has come, I wish everyone a merry and happy Christmas with loved ones. And let's hope we have a more fulfilling Christmas next year. Merry Christmas.

The next Christmas holiday season is 365 days away, rather than using that to plan how to be more financially responsible, it seems better to me to plan how to achieve financial freedom at that time.
This of course does not mean that the rich or wealthy do not have to be responsible financially, they even have to be more so than the poor and middle class. But with financial freedom, comes the liberty to be able to spend a bit more, as they have a much higher profit margin.

Let us aim to be able to afford those things we could not this season. Merry Christmas to you all!!

Re: Avoid running into financial ruin this Christmas!

Avoid running into financial ruin. Period. Regardless if it's Christmas or whatever day/holiday. A financial catastrophe is something you definitely wouldn't want under any circumstance.

Finances are very important and every expense needs to be carefully planned, especially this Christmas. I chose to celebrate in a simple way so that we somehow have financial resources available online and in the real world that will give us a chance to get out again especially now that we are in a pandemic.

If we are good at handling finances, we will definitely have more available for our small investments and small businesses.

The new year is coming with diverse expenses and bills to pay. School fees, house rent, car maintenance, subscription bills, etc. My family knows my financial strengths, hence they understood that I can't spend so much this Christmas because this year was very challenging. They know that we don't need to borrow or use our investment funds to celebrate this year's Christmas because we still have more Christmases to celebrate in the future. It is advisable to spend within one's means and don't try to please or compete with people when you don't have the financial means. Merry Christmas to all.

Good advice but why now? It's already Xmas so someone must have already spend more than can afford for Xmas before reading this, anyway, I am a very disciplined person so I already planned my Xmas a month ago with what I can afford, most of my money is planned for investment in 2023 and nothing can shake that off. Merry Xmas 🎄 to you all

We can celebrate Christmas with our families; it doesn't have to be overwhelming. The important thing is that we can use Christmas well to gather with those rarely with us. Sharing in the Christmas atmosphere is very joyful and we hope that the sharing atmosphere will always be there even though Christmas is over.

We don't have to spend all our money to celebrate Christmas, especially if we have a lot of bills. We don't want to see ourselves having a hard time surviving the next month if we use up most of our money.

As others have said, it's a warning that came too late when you post it on Christmas eve. If bills are due and the money has already been spent then what good is it? It would probably make more sense to tell people to consider what they are doing ready for next Christmas. If you budget throughout the year, put aside a little each month then you can prevent being without. Better yet, try to improve your situation in the next year, look for new jobs or ways to boost your income, maybe sell some unnecessary junk if it has accrued in your home over time, put spare cash into a bank account that pays the highest interest and set up a proper budget to see where you can cut costs.

Actually in an inflationary environment, borrowing money from the bank is a very good financial move. Especially if  the interest rates are below the inflation numbers.

The person in question is going to celebrate the new year like he did in the past years. So expecting him to change his spending behaviors is not realistic.

He will party with his friends, drink, eat, send and receive gifts etc. Since fiat money is constantly losing its buying power every day, it just makes sense to borrow money.

I don't do shopping every year for my decorations of my house for the Christmas, I reuse item from the previous year celebration and store them after the holiday are over. I found this to be very helpful as it save me expenses as things get costly by this time of the year. Now if there are new things I'll love to add to my design then I buy those that are reusable so I can use them for the holidays ahead.

This time of the year can be very expensive if you don't have plans. Sadly people spend so much around this time of the year that they begin to struggle when the new year starts. I wouldn't wish that for anybody but instead of over spending, why not invest during this periods as market always tends to be on a discount. Spend wisely and invest correctly that's all I can say to everyone. Merry Christmas.

Yes.... that is very good advice... but the spirit of Xmas spending is strong with many of us...because we want to compete with the Jones's and want to kill our guilty conscious by buying gifts to people that most probably not deserve it.

I think people should be less worried about gifts and huge meals during Xmas... and just try to spend quality time with friends and family. The commercialization of Xmas is wrong..... and only retailers and businesses profit from that.  :( :( :(

I was almost thinking I was not going to see any post wishing forum members a Merry Christmas ;D Good thing someone proved me wrong.

Merry Christmas to you too OP.

Thanks for your jolly advice too about avoiding excessive expenditures, It is a regular advice always shared during the festive seasons. I think people who did not take the advice seriously last year, had their own experience the January of this year, Likewise, people who will not take this advice now will also learn their lessons in January. But as said, this advice would have been more timely, people have already squandered a lot of money that took them a while to gather.

As they called it a "dirty December" and a "December to remember," but it is important to be financially responsible during the holiday season. Instead of spending money on unnecessary items or going into debt to celebrate Christmas, consider showing love and generosity to those in need. If you are financially stable, consider using some of your resources to help those who are not as fortunate. Additionally, It might be a good idea to invest in bitcoin at this time, as the price is currently low. Rather than spending money to try to impress people who may not even know you, consider using those funds to make a wise investment that could potentially pay off in the future.

I agree on this. I really hate when someone focus on material things during Christmas rather than spend some time with family. This is always my issue with my wife during the early stage of my marriage. She always like buying personal things during Christmas even though she already have that. I’m the guy that just want to hangout and chill in the house during holidays rather than go outside since there’s a lot of people going to the mall that time.

We just settle on this matter when we do the outing before the Christmas then stay at the house during Christmas so that both our preferences will be meet without fighting.

Merry Xmas Everyone.

Yeah good piece of advice. Not just about the Christmas, but also scary that news about the COVID are starting to push their heads up one more time. This ain't good timing to spend more money than we can afford to loose. Anyways, everyone already enjoying the holidays and are all into the Christmas day, some time zones yet to hit the sunshine but we are already celebrating it. This time it has to be more or less debt free, less expenses on the unwanted gifting's, too much wastage of decorations and etc. It's better to be with family and have small trips around the city I guess.

This will help to start the new year with all the fun rather than getting tangled up in the debts. Loans should be avoid unless it is for bigger stuff like marriage, house purchases etc.

I already spend some of my money on gifts and drinks, though not all of it. Christmas is only happening once a year, and if you have spare money to give and you can't go broke when you give it, then it is okay. People usually get a lot of bonuses at this time of year, so they will spend it on parties so that everyone has a good time, but I am sure they will still have money to pay bills for January, as we all know that the electricity usage during that time is massive due to the high volume. You don't want to enter January with no money left so for sure they still have savings for it to use.

Yes, everyone should cut back on their expenditures this holiday season to prepare for the start of the following season (January). Don't go over your budget and don't forget that the fun never ends.

It takes a lot of willpower to remain unmoved during this Christmas season (not spending much). The expectations of the public at this time are excessive. Regardless of how prosperous your finances are, every friend or member of your family desired a present or anything.

How I wish some individuals would learn how to put aside their egos and refrain from overspending on holiday-related purchases.

This is a good reminder for everyone to enjoy while being mindful and responsible in spending during this holiday season. We can't deny the fact that there are lots of expences this Christmas but we should also know how to manage and control our finances wisely and think of our future expenditures. It's fine to be generous because it's the season of giving and sharing our blessings but it's also important to save for the upcoming bills next year. Anyway, Merry Christmas to you too, Op.

Yes, we must have good financial management, even though this is the day we have been waiting for, but don't let this be the reason for worsening financial conditions after being happy. Everyone is happy today, don't let this happiness only be enjoyed on this day and the next day you feel confused because you have to pay bills or whatever it is. I think it will be very disappointing if it isn't better after, because what should happen is after today we can feel better and better than before.

many people are spending wisely - inflation has made people very upset. My christian friends have not purchased new clothes and they have not gone out for the dine out. They said they can eat at home because spending on a hotel is out of their budget.

Quite true. I don't think running into financial ruin has any specific period but I think the urge to spend is stronger during the festivities.
 I also don't think at this point in time, anyone would need to be advised to be frugal with finance, since the times we are in says it all. But that won't stop me from enjoying myself tho.🥳🥳

Well considering that there would even be a price hike of electricity bill here in my country, I am okay with just a simple celebration in this Christmas and New Year. I mean it is better to be wise using your money than just regret it later on.  Shit like this happens randomly anyway so...

I am wishing everyone a Merry Christmas and a Happy New Year as well. We might have a rough year previously, but then we'll surely have it better this coming 2023.

Thanks for the congratulations and the warning. Indeed, when you have money, you want to spend it, especially when it's holidays. But as practice shows, we often spend money without thinking about tomorrow, and it’s very good here that you once again reminded that in addition to today and now there will be tomorrow and other days, which means we need to properly and rationally manage our money. Thanks again for the congratulations and the warning. Merry christmas.

I always thought that this holiday is commercialized and makes people think that they should own new items during this holiday or they must buy gifts for their loved ones in order to please them.  I am lucky that I do not buy those ideas.  Spending too much during the holiday is a waste of money, IMO.  We can have fun and enjoy the season even without spending too much money on it.  What important in my opinion is that we never forget to greet other people and wish them well in the future to come.  Often times people need attention, not gifts, especially our loved ones.  So if we are low on budget, we do not need to go out of our financial boundaries in order to make our loved ones happy.  A simple celebration with them is enough to show them how much we love and care for them.

I must admit, the urge to spend money more than necessary is multiplied during festive and mostly the Christmas season. And I think it’s pretty common to see people go out of their way sometimes to please family and loved ones with presents or cash gifts and go on to regret everything later on. There is this unseen drive to spend more and purchase things that are wanted but not needed.
January is about a week from today. Bills would need to be paid and a whole lot of expenses would reveal themselves. So it’s wise to be prudent at all times with your spending.

This will depend on personal preference and also financial considerations. Many people use this special moment to be with their beloved family or people after so long time. So, they prepare everything for the special moment to get their best moment. But, what to do is do it wisely based on the financial conditions. No need to force at all. But, once more, this becomes a personal preference.

This also happens in other festive days or special moments when having wise financial strategy and management is a must in order to stay under the control of the financial condition.

Oh, the "one day millionaire" mindset. Actually I also up against it but I guess if people are really festive, we cannot do something about it. But as I have observed in my country, there are some people spending that much during holidays to brag towards other families. If you can really afford spending more than usual day during holidays, then that's just fine but if you know to yourself that you'll have nothing eventually, then that is where problem would arise.
Everyone would be needing advice but not all people would listen to what we are saying, unfortunately. Finance is an important thing in our lives and if you'd be irresponsible because of special ocassion, expect drawbacks afterwards.

Merry Christmas before this day ends!

Well, it's a good advise but I can't blame people for spending a lot for this season because it's been different since 2020. That's why if there are people that have spent as much as they can like it's their last money, I can't blame them for doing that.

But at least they still able to save some and be wiser after realizing that they don't have much money left.

Enjoying life does not mean that we will spend extravagantly, but we should not be too stingy with ourselves. We have worked hard for 365 days non-stop and now it's time for us to rest and recharge to prepare for the next 365 days of hard work. I think that's the meaning of the new year, is for everyone to relax and enjoy.

The goal is not to spend extravagantly if you just want to enjoy the end of the year more pleasantly, because that is not a good thing and it can also make everyone forget to save money in starting the new year which will soon be coming. Resting with the aim of recovering energy (both brain power in thinking and energy of all members of the body) which is often used in work is still very logical because fatigue must be present after work.

But I prefer to relax with no burden or pressure on my mind while having a vacation on the beach with my family, even though it costs money, it's a very reasonable thing to spend at the end of the year. Because as you said that we should not be stingy for ourselves and I think that also includes the family.

A good reminder... Every new year there are a lot of taxes and bills to be paid. January is a problematic month from this perspective. But to say the truth, it's quite depressing to think like this during the Christmas Season. It should be a moment of the year where we could celebrate at its maximum with our beloved ones, while in reality it's when our worries start growing in our minds. Well, what comforts me is that every new year is a new hope that is born. It's a new chance to make things different and smartly, so besides thinking about managing your budget to make it last longer, it's also a good moment to think in a solution to increase your income, so next Christmas you don't have to worry about spending less to save money for the next month.

Actually it is the right of those who celebrate it, because this year has a different impression from last year which is still affected by Covid-19 and also government regulations that are still in effect.
and I think many people will think about this because there are two celebrations to be faced namely Christmas and also welcoming the new year, so the budget for both has been prepared and this must be considered so that it is not too wasteful, especially those who do not have a steady income or salary from their job , because I think those with jobs don't really care because they get bonus money for Christmas and also for the end of the year, and usually there is.
the OP's suggestions are great, and I think they also do what the OP mentioned. But they also have to be very careful in managing their expenses and as much as possible not involve their investment.

That's true. After the holiday season, the reality will hit us with the bills that needed to settle. It's not a problem if you spend your money wisely. But we know many of us used to celebrate Christmas by buying new things, gifts for our loved ones and of course many food. I don't think it's wrong since this season is the time that families are gathering to bond, however let's be responsible not to spend beyond of what we can afford.

We can celebrate this holiday season without spending too much. Simple celebration with family will do it's just depends on us how to make it extra special.

Most of us has a Holidays financial plans already a few months before Christmas. So, I don't think people would struggle with financial crisis after spending for Christmas. Most financial crisis comes unexpected, most especially when someone from your household is sick and needs immediate hospital medications, that's we're your budget messed up, because most of us doesn't care about emergency funds (for health purposes) until we literally have it experienced.
So, I guess the advice should be "Have an emergency fund always and enjoy the Christmas holiday." lol

As long as you have extra money to buy presents and celebrate the holidays, it is okay. This season only comes once a year, and we know that there are a lot of bonuses coming in for those workers. I myself find that once I receive my bonus, I usually pay off my debt, and if I still have extra money, that is when I buy presents to give and celebrate the holiday season. But again, we shouldn't spend more than the money that is coming in to us since we will celebrate the new year broke, and that isn't good.

I also planned a few months ago that Christmas and New Year's Eve only come once a year and are major holidays that repeat themselves, so I believe everyone has planned and prepared well. It is not a crisis or war that happens suddenly but has to make us unable to handle it, you are right. But one thing must be admitted, this year, things have become extremely difficult, and this year's Christmas is less rich than every year. The new year is also coming, and we hope to have a better year. Happy New Year.

This christmas most of the people are cutting their expenses and are trying to live within their means.
Because there is no way one can cope up with the inflation but to cut down their expenses and earn more money to make their ends meet.

even if you have an extra money - you have to take care of your finances.
this is the very crucial time for everyone. And uncertainty is at the peak - so one should save the money they have to avoid trouble at the end.

Holiday seasons where everyone has a festive style of celebrating can't stop people from spending.

Not all have plans during the holiday season, because of the busyness of this time. I'm sure that many don't have ample time to plan it and just go with the crowd spending just as they did as long as they've got money in their pockets.
It's good to have it planned because we'll never know how much it will make us spend and that might be out of our budget. The latter part of your advice should always be taken into account, always have that fund for such emergencies but because of this rush, you may just also want to spend that for some expenditures.  :P

Therefore it is necessary to manage the allocation of funds for certain celebrations. So well organized, I do it ahead of time by saving up for some holiday lists. So avoiding waste is my way of coping with spending. Actually, there is nothing special about celebrating now, maybe many people realize that at this time facing next year it is necessary to have an emergency fund rather than having to spend it in one day.

That is correct.
I have now stopped going to the market because when you go there you buy unnecessarily and then you repent because you have over spent. I have no control over myself when I am in mall. The best practice is to stay at home and spend some time on work desk so to earn some money.

For sure some of them are spreading a lot of money because this is a once every year happening and I guess well deserved of all people treat themselves to have this enjoyment with their family with some gifts, after that of course you will grind again to get back those losses but of course, if you know with yourself that you don't have the capability to make spend a lot of money still give some for your family and make all those budget organize. Still use your money wise.

at this moment - while everyone is struggling and richer are getting richer and poorer are getting poorer
Many middle class people are wearing old clothes and celebrating christmas with simplicity rather than spending money and then repentneting later.

I think there is no harm in wearing the old clothes and celebrating the christmas with the simplicity.
People in my country has no big budget to spend on christmas and they are saving up small amounts they are receiving on the christmas from their family and friends.

Indeed it can only come rarely than the bills xd, so this must be celebrated no matter what. Not all workers are being given out by a bonus but those who are qualified are usually a regular employee only. Also, the bonus amount will depend on the company that you are working with.

Not all times the bonus is decent but sometimes the amount can be disappointing too. In your case, your bonus looks decent. That's great but I think your debts are more greater because you prioritize them more than anything else. This is the bad part of having a debt because it limits our ability to do something else. This is why I am trying to avoid it as much as possible.

It just turns out that every holidays then you cant really avoid on someone not to consider on buying on new things, some are really for showing off and some do become a standard thing where spending on things is
much more than on those ordinary days which is something considerable.There are even people who had been saving up money since January and trying out to buy something when December comes which i dont
really see anything wrong with this. If you are really into the point on which you are taking up some loan or spending a huge chunks or part of your emergency funds or savings then this is where things go out of  hand which is  something that it isnt really that suggestable to be done by someone. This holiday season doesnt mean about new cloths and stuffs but rather spending time together with your loved ones.

People that is no much money to spend should avoid taking alot of alcohol and get drunk. If you are drunk you can lose your mind and your plans not to spend money will scatter then you will spend the money and to regret about it after you finish the money when the alcohol is out from your head. If you don't have money to spend , you don't drink and get drunk and also keep your money far away from you so to avoid temptation of spending.

If you have got little or no self control when going shopping anywhere, then you should get someone to do the shopping for you in order to curb excessive spending. I can understand spending more than expected when going shopping as things that aren’t exactly needed or important at the moment would look attractive to the eyes and you’ll end up buying it. That’s why you have to have moderation in everything including your spending habits.
You could also shop online and add to your cart exactly what you need. I think that could help in curbing your excessive spending habits.

There are ones who do have good control despite of being drunk or in influence of alcohol.Yes, it might really make things to be shaky but im a type of person who cant just be that impulsive when it comes to your money
and make out some unnecessary spending since you do know that there are much more important things which you do need to save up and dont tend to make use of those funds for unnecessary spendings.
I agree into most points that Christmas and overall holiday season is the time on spending your time with your family and dont ruin up your finances on this Christmas season
just because you had make use into other means and on the next day you would really be regretting basing on what you have done.

Online shopping could increase the spending with majority of the users. Maybe little would be exceptional to spend little shopping online. Making someone to shop for us could lower the spending, because we just list out the need and our requirements will be bought. Spending excessive is big problem considering the ongoing economic downturn. For a long we're supposed to limit our spending and this is particularly for the upper middle class and the poor ones.

Honestly, I haven't spent "that" much on Christmas, I just spent good enough, like some gifts, small gifts at those and some food and wine and so forth which were all come to like $200 at most and that's it. If that is a lot then it is a lot and I don't care, because I have very few days when I can celebrate with the group of people I love, and that didn't really disrupted my finance a lot neither.

Sure I have to postpone one of my debts just one month further but that's really not a big deal if you consider everything together, it is still a fine situation. I have to say time and moments are a lot more valuable than money, because you can get the money back, you can't get the time back.

Well written and I wish you Merry Christmas and Happy New Year!

It's not just wise to spend foolishly during the festival periods not just it but at all times but people tend to show off buy things that aren't worth getting.
Avoid showing off especially when with has to gifting distance friends and relatives expensive commodities.
January tends to be very long and hard mostly bills to sort and investment to make why waist em all when you have nothing coming back in return. Do not forget to spend lesser than what you earn

Shhh...I didn't come across this topic all these while and I have already fallen into the trap,it isn't too late for me,I was thinking of making some more expenses for new year preparation but I will not anymore,as women we are always buying things that we don't really need just for show off. Good advice OP,thanks for saving me from more expenses that is not really important.

If you have money to use then why not? Christmas is once a year celebration and you can make it as a gift for yourself also to your family to give the best Christmas to them. But If you don't have any spare money then settle down and don't lend anything just to show off that you have good christmas this year because for sure you will suffer with paying debts with interest for long months.

Staying humble and acting as usual is the best thing, even though this is once a year but I quite agree with what you said because this is not something good if it is too pushy and you have to be aware of the conditions so that we know the right limits. Giving gifts is the best but we also have to be aware that forcing a big and expensive gift when we can't do it is something that can actually be harmful to ourselves.

Yes, there are people who had saved up for this particular season of every year on which they are saving up and would tend to spend it all once this moment arrives.Yes, its only once a year happening which it is

really just understandable that people would really be having that lavish kind of behavior when in speaking into their spending habits on this particular season.There are indeed times which you cant really be
able to control but of course it would be important that everything should be in control or else you would be spending on things which arent really that much needed or necessary.

Only make out some priority into those loved ones when we do speak about gifting or presents.

Actually what can save you from buying unnecessary things is you yourself, not the OP or anyone else. Because other people are only able to give the best advice according to their own version, while you are the one who must decide to stop or continue the habits that you often do. So what saves you in any case is yourself, not someone else. After all, not everyone is also willing to listen to suggestions from other people even though it seems important to be considered by himself.

The rich are not going to suffer from all this, those who will suffer are the ones who come under the middle class and lower class category. And mostly, people who invested heavily in crypto last year and even this year thinking of a quick recovery but are down a lot in their portfolio, should not spend blindly because if they break their investments to do that, then all the wait won't be worth it. I've seen some pattern on the chart and it says that we'll see a bull rally most probably in 2025-26 because we have been thrown back in time after all the mess that took place this year. Stay calm, and remember to keep your investments intact. I mean, if you've invested somewhere, just forget about it and try to find some other sources for your expenses (even if they are regarding celebrations of a festival).

I must admit, for some, doing your online shopping isn’t always ideal. Some folks like to see and feel and somewhat inspect whatever they’re purchasing.
Shopping online could make an unrestrained person spend more than necessary as you use minimal effort in shopping. You could see things you never bargained for and would click away adding irrelevant things to your cart. I think having some sort of discipline when spending money is valuable.
And yes, giving someone a list and having them shop for you would help limit or curb our excessive spending habits.

I really agree with your words, it seems that it is not an excessive expenditure. Because you have done it carefully to make people around him happy. Money can be found again later but the happiness you create must mean a lot right? $200 to make the people around you feel good, doesn't matter at face value but that's the atmosphere you have to create. Every year there are still many people who cannot meet because of work matters outside the city, but those of us who can still visit them deserve to be celebrated together.

I bought several charity donations gift cards for my beloved ones. You made an excellent point. If Christmas means sharing love, this suits mosts to the situation in my opinion.

Yes it's a good advise though, personally I have said for this worst situation because next year:

1. I will have to settle for the kids school, I paid half in the beginning, so we have a meeting in the school before Christmas and promise to pay the other half in January (I already have the money), and then continue to save for my children college after that.

2. Credit cards, yeah, this holiday for sure there will be shopping spree, but I will advise everyone to used cash and not their cc as not to put you in bad debt because of uncontrollable shopping.

Maybe this is just a warning to the underprivileged, and those who have enough money and all the finances are very good then Christmas is a day where they squander money to enjoy the very special day, then only a few people do limit their expenses because for the coming year there are still many more important things for them to fulfill, And for this year hopefully we can enjoy perfectly.

Very late. I am seeing this post today being 28th and I have already spent alot. But whatever Op said in the post is correct and should be followed going forward.
I discovered that this period comes with alot of expenses, both necessary and unnecessary ones.
Then the month of January user to be longer than other months and there used to be less money in circulation because people will start to hoard money and begin make fresh calculations for the upper year.

   I think it's a habit of most people who believe in Christmas, the kind who don't mind having debt as long as they don't lose everything on Christmas day, and while January isn't here yet they don't think about it because of the bills next year.

And to be paid, the debtors will borrow from other people again, there is no endless debt repayment fee. But of course, if you can, don't borrow as much as you can, then don't do it at all.

Merry Christmas and happy new year to everyone ;)

New year and New month then its an another start for us to gather and save up money on what we have spent for this festive season.Its true and i do agree on what the rest been saying that we are all saving up for
this season on which we cant really avoid not to spend up that much.There would really be those unnecessary or unexpected spending which it would really go beyond your budget or money which
simply means that you would need to patch it up into your next earning or salary.yes, its sad but as long it does give out that contentment and happiness since those things are been
given into your loved ones and relatives then it wasnt really that bad at all.

It is never too late, after all it is not like this is going to be the last holidays that you are going to celebrate, so even if you cannot really implement the advice being given on the OP now, you could always do it during the next holiday season, and taking into account that the economy is probably not going to recover as much as we want during the next year either then it is important to keep an eye on our finances so we are always ready to take action if we get to see another economic downturn.

You're right, it's never too late to keep starting over after all the spending he's spent on. Because celebrations to seek pleasure need to be done but with sufficient portions. If it's already done, let it pass, and in the future what needs to be done is to always control finances by minimizing waste. There are still many holidays to come, if you only spend them for one day it will be quite difficult to manage your finances the next day.

I agree. It is always a good idea to keep an eye on our finances, especially during the holiday season when it's so easy to get carried away with all the celebrations and gift-giving. I do not know about you, but I find that the holidays are a time when my spending can get out of control. There are parties and events to attend, gifts to buy and wrap, food to prepare and share, and it is very easy to go over budget! But as you pointed out, moderation is key. After all, there are plenty more holidays to come, and we do not want to start the new year feeling financially stressed.

I think it’s never too late and besides, it’s better late than never right?
The OP created this thread on the 24th and you seeing it on the 28th and having spent a whole lot already is no fault of anyone but yourself. The month of January is no doubt a busy month filled with bills and preparations and plans for a variety of things. And for a lot of families, after spending a considerable amount of money during the festive period, money would be real tight.

I think a better topic head should be to avoid falling into financial ruin ever cause of reckless spending. Cause someone could run into financial ruin at any time and not just during the Christmas holidays.

Having an futuristic view is always must. It is not with the upcoming month bills, but with each and every activity we need to follow the plan of spending based on what all expense we're supposed to make in the upcoming month. This will help us with better learning and avoid unwanted expenses that saves good fund when the same process is being followed long-term.

I was surprised to learn how many people will take on loans to afford holiday expenses negatively impacting their credit for the sake of a few holiday gifts. It's not worth paying interest on a loan for non-essential items.


The problem being is that most people don't look further ahead than the Christmas holiday. Sure, they might be able to afford Christmas shopping at the moment -- do they consider the possibility of losing their job in the coming months due to economic turmoil leaving a house/car payment without stable income? People spend without thinking about the future and it's especially true during the holidays.

I think it comes with experience too and maturity, maybe when we are young, we tend to not care about our future and probably just shopping around this Christmas. But as we gets older, we tend to be wiser and look for the long term and probably learn a two about investing and others and not throw money in holiday, not excessively.

And I do agree, I don't get the idea of people running to take a loan in banks to settle their holiday debts? specially the scenario that we are in? Yes we can celebrate Christmas and New Year with what we have and not to overextend because next year could be worst as well.

Sure, most people tend to forget that after all the festivities, normalcy would return and that includes loads of bills to pay, debts that would need servicing and mortgage payments.
I think some being very optimistic and jolly, delve fully into the joyous mood and forget for a moment the harsh reality that anything from losing their job to unexpected expenses popping up later on could happen. And most times, people end up falling back to the bank to borrow money at exorbitant interest rates to settle their financial woes.

I tip for Christmas.

My bakery
My haircutter
My garbage man
My mail man
MY Fedex driver
My UPS driver

The live in health aid for my brother-in-law

I gave one gift to family my brother-in-law got a coat.

All told maybe $500 given out.

My wife and I do not exchange gifts. But we do buy some cake and make a very nice meal.

people should have learned their lessons already. remember during the pandemic period when people were struggling for survival. so by now, they should know what are their priorities. there's no need to prepare a lot of food if you don't have much. a simple dinner with the family is more than enough. much better if you will take care of your debts rather than thinking of extravagant menus on the table. being practical these days is a must to survive the various crises humanity is facing with.

People never ever learn, they would commit on the same mistakes again if ever they would really be having again some funds into their pockets which they wouldnt really be
minding and would commit on the same mistakes again.They wouldnt learn yet there are indeed people who are like this but eventually most of the time which we do all
avoid all things once we do have that bad experience back in the past.We wont really be making the same mistakes but there are really just things which are
unavoidable.

True but you cannot remove the fact that giving gifts to a loved one and seeing their smile is more precious than anything.  I don't mind paying extra as long as I see the people I cherish happy with that simple gift I prepared for them.


You cannot have peace of mind if you always look at the future in a negative way.  What comes will come, what matters is that I made my family happy this holiday season.  This is the mere reason why I am working, to see the face of my family with a smile.  If the future becomes dull, I believe God will make a way.  It is been proven multiple times and I don't need you to believe that or make an argument about it.  It is my experience so I know better.  ;D

It is so surprising that some people don't care about their present financial status,  they can even go to the extend of borrowing money to celebrate the festive season which doesn't make any sense . Festive season should only be celebrated  according the amount of money one can afford and not to put too much debt and stress on one's self all in the name of festive season.  Festive season will come and go but the debts will still be their to stress one.

I think spending foolishly on shoes and clothes these days is the biggest mistake one can do .. during this time of the year when people try to have less gathering and maintain distance - - one can have comfortable and nice dress one already have. . The COVID has made people realize that the biggest blessing in life is health and that is it.

And by simply having this positive attitude a lot of things can change, many newbies come to the forum and lament the fact they were not around on the early days of bitcoin to invest in it when it was very cheap, however they are forgetting they are around to buy bitcoin for under 20k, which is not a small thing as it is likely that after this bear market is over bitcoin will never touch that price again and we may reach the point in which bitcoin will never go below 100k at some point in the future, so if people can stop thinking about what they missed and instead think of the opportunities ahead of them they can still make progress on their finances and in several other aspects of their lives.

Christmas and New Year's Day are things that are always looked forward to, so everyone must have prepared their money to spend all the money they get on that day, so for people who have a lot of opinions, I think they don't care how much money they have. they spend on that special day and the important thing is for them to be able to enjoy it to their heart's content, but for those of us who produce mediocre of course what you say is something that must be done.

Maybe for me, it's better to celebrate Christmas and New Year in winter with the existing facilities, we don't have to go far to go on vacation or eat deliciously, yes, even though everyone has their own way of celebrating moments of happiness but for now, I think it's more it's good to just celebrate as little as possible without having loans that will burden our bills later.

A difficult economy like this for middle and lower-class people should be considered wisely, but if you have prepared funds for the holidays from your savings and if you are a rich person then maybe there won't be any problems with next month's bills.

Mostly we really save when the December comes because we really spend on that day and also it is the month of giving. I my self i do really  save when the December comes because i do give gifts on my relatives and also we prepare foods since we celebrate on that that time . There is nothing wrong as long as you still have money after those celebrate you dont go broke because that is another problem. But i am sure all of people already think of it since it is very hard to go broke

Our society today has become very demanding and many things are defined by money and some even goes the rate to look at how much as a quantifier. You immediately see people trying there possible best to meet up quota as though, they are seeking public approval and appreciation. I would say, it somes up go the heart and how one feels while and after making some expenses.
It would be wrong for societal pressure to push you into doing what doesn't give you much joy, that won't be termed "merry" by any means.
Make a budget and stock to it. Although, its hard sticking to budget with the rising inflation but, one still has to check and balance things up. In the seasonality, there are those who are at the receiving end and making money off everyone.

The coming year will be toughest of all. One should keep the money management thing in mind all the time.
with the advancement in technology and new gadgets in market all the time we all yarn to get them. Living within your means and living contented is very important and saving the money is more important than anything.

Christmas and New Year is a great time for a business that manufactures and sells Christmas (New Year's) products. 

Marketers are well aware of this and use various psychological tricks to encourage people to spontaneous purchases.  At the same time, Christmas advertisements appear on city streets very early - in early December, and sometimes even in early November. 

Giving Christmas gifts is a great tradition, but you should avoid spending too much money.

Happy New Year 2023!

But people are upset due to high prices of electricity and rental as well.
So it is a good practice to spend wisely and don't overspend.

New Year's has been running for a few days so I'm sure many people have enjoyed Christmas and New Year's Eve, if the financial problems they are currently facing certainly depend on their respective incomes if they are entrepreneurs then Christmas is the time they enjoy everything they want. regardless of the expenses they spend because Christmas is an event that only happens once a year if it passes, of course it is very sorry for those who really enjoy special days like that, so the advice you give only applies to those whose lives are mediocre and those who don't. Enjoying this very special Christmas day too.

Health is indeed a blessing in everyone's life, because maintaining health is not easy because everyone needs to ensure that every food that enters their body is healthy food. Many valuable lessons and experiences were born through the condition of Covid, because with this everyone already has a better idea of everything they want to do.

But I won't consider other people stupid when they still want to gather and don't keep their distance from each other, because maybe they already have immunity in their bodies or have implemented health protocols as recommended by doctors.

Compliments of the season to you too :)

There is something about the Christmas season that just brings people together, maybe the presents, the food, the bonus pay from work but either way family always finds its self together and this tradition must continue to strengthen the bond that exists.

Wouldn't blame everything on Christmas because year in year out this day always comes and it's all because of our poor planning that leaves us in tight financial spots. To avoid the Jan-worry curse it's time we started saving for Xmas in January so that by December all expenses are covered and January will nolonger be a financial stressful month.

Had the worst Christmas in 30 years last year. 2 days before Christmas I got covid and had to stay home alone over the holidays. My parents are already old and I didn't want to risk them getting infected. While the whole holidays were kind of sad and lonely, watching bad movies online and eating canned food, it also had some advantages. I didn't have to give any presents to my family and will probably now keep them for this year. Giving presents a few weeks after Christmas seems wrong and like that I already have all the birthday presents for a whole tear. The second good thing is that I didn't gain any weight over Christmas, had almost no food at home and no sweets or biscuits. So financially this was a very good Christmas and I am not so worried about the bills coming in now.

How are you feeling now? The world has been a different altogether
Living alone in isolation give us time to reflect and think that we have to cope up alone for all the crisis we go through
Hope you are well now.
Haappy new year!

that is so say to learn - hope you are feeling better.
The Covid and the cough has made the life miserable for the people. Even there is mild Covid we all are experiencing during this winter.
May God keep us safe during the  toughest time.

although people are worried and they are complaining about inflation but they are spending so much on their parties and other luxuries that it seems as if I am the only poor in the world - rest of the people are having a good life style - people are traveling showing off their good life and I am always in the bed watching reels and videos of the people.
Happy new year and have a blessed new year ahead.

We know that everyone could really be having different lives and when it comes to financial status then it does varies and this is why we are really indeed seeing these kind of situations.

Being or getting jealous is normal but its not something a huge hindrance for us not to do a hard work and do our best to make our lives better.It is really just a matter of
on how you do handle yourself and make things to happen.

SPending for holidays isnt that bad as long you arent spending that much or beyond your limits or means then i dont see anything wrong with it.

the only important thing these days is taking care your finances. and taking care of health and save yourself from the viral infection
life is so dull and boring when you are unwell and coughing and people are running away from us. Its been two years they we have been spending christmas ill and scared.

Now the handling of the virus problem has been very much and has been carried out by all countries in this world so that no one is afraid of being infected with the same virus anymore. After all, very few people are discussing the virus problem at this time, which means that the problem has been handled very well throughout the world and everyone can focus on every job they have been doing so far without having to think about viruses or the like again.

In my place, we have not celebrated Christmas because we have received a gift that comes from nature. ^{[it is a flash of a flood that cause by the typhoon]}
Hundreds of families in the coastal villages of Ozamiz City and near Cities didn't celebrate at that time because of that calamity that has damaging in our area, so even though we did not spend too much but still we have lack in terms of financial because of the unexpected damage. Good thing I still had my bitcoin in my wallet left at that time and yet we slowly recover after how many days and that Christmas we have a wonderful gift.  :D

---

So spend wisely and don't forget to set aside an amount that considers your investment when you are in an emergency situation you still have money to spend and this proves that bitcoin is a good asset that can't be damaged as long as you have a key.

Damn I'm sorry to hear this.  There's been a whole lot of crazy weather around the world of late it sure seems. Here in the United States we've had some horrible cold snaps and some horrific winter snow storms ( I know 25+ people died in Buffalo New York just recently due to horrible storms).  I hope you and your family are safe and the damage done is minimal to your town. 

You do bring up a great point though, one must always be ready economically if such and event were to occur!

Yeah, the holidays are always a good time for business as people are more inclined to shop more during the festive seasons.
Marketers who sell Christmas gifts, cards and Christmas apparatus start early to display their wares and trying to entice shoppers with so called discount prices. So shoppers with the mindset of having to do their Christmas shopping early and at a discount would grab the opportunity worth both hands.
They know only too well how to entice customers to shop more and part with their money for almost irrelevant things.

You could really expect that they would really be taking up that advantage into those buyers or consumers since they do know that they could make more profit out of that
this is why its not really that surprising that lots of things which turns out to be irrelevant on someone for them to buy on which is something that we do know that
it isnt really that much needed but since its their money then its choice to make out and this is something that cant really be avoided specially on holiday season
on where you do really spend up that much.

Even during christmas and after christmas try to save as much money as you could.
Life is so hard these days that we are just buying only the needful items.
There is no entertainment we are doing these days - but still we have difficulty managing our funds.

For us who do live on a status on which we are just only earning money out of our monthly salary from our dayjobs then it would really be that sensible for us to save up and avoid as much as possible to spend up on things which are useless or not really need up at all. One common mistake of people who do live on these levels from mid-low class is that we do tend to buy things that we dont really want or not that ideal which it would really be just a waste of money if you do so.Its not bad to buy up some wants since it is really normal to have those kind of spending but everything should be on moderate manner or something that you do able to control because if not then you would really be finding it hard to have that financial freedom.

this year my goal is to save up as much funds as I could. Life is really hard and working day jobs and 9-5 is not helping us earn much we all would be needing a side hustle for managing funds and make our ends meet. I totally agree with what you have mentioned. I do an office job and side by side I do small stuff so if my salary is not paid on time ( with I understand because business is not in profit.) I never ask my boss and I get money from my side hustle, but it's hard to survive these days.

Depends on the type of business you are doing. I am not sure about other people but most of my friend didn't purchase much during these holidays.
People are not having much entertainment funds. so they stayed at home and ate homemade food and enjoyed it thoroughly 

In the end it ends up being a matter of managing the resources you have. You say yourself that you end up buying things that you don't really want or that are not ideal. I'll remind you of a quote (https://www.goodreads.com/quotes/25775-we-buy-things-we-don-t-need-with-money-we-don-t):

'We buy things we don't need with money we don't have to impress people we don't like.'

It is a good idea to start by keeping track of expenses and income, for example with an Excel spreadsheet. If you do that, then Christmas comes and it's another month, usually with higher expenses, but the one who controls expenses and income usually ends up feeling as if he/she got a raise.

The biggest mistake people make is taking out a bank loan to pay off other bills, this is the same as "Dig a hole close a hole". Standards that are too forced to meet lifestyles are wrong patterns, the biggest impact they will receive financially will never be balanced to make ends meet. The world is facing recession and inflation, the economic cycle is also experiencing obstacles to recovery.

While human life patterns are increasingly directionless, unequal financial capabilities are forced to keep abreast of the times, but do not adapt to the prevailing circumstances, this destruction is getting closer to failure in managing finances at the individual level.

Everyone can have fun with friends and family in a simple way, forcing something beyond one's ability is a pattern of decline in thinking, life will look complicated if one cannot control financial expenses and is not adjusted according to income/expenses.

That is correct -we can have fun by having a barbecue at home having a one dish party at home and what not.
Spending so much and getting a moment of happiness is not what we all look for.
So I think we must save some money even after christmas and that is really important to come up with the inflation

I agree. Everyome should be very mimdful of their spending, but in my honest opinion, especially for those who really worked their asses off all year round, I don't think spending money for yourself or for others in the single day of the year when it is socially acceptable to do so is a bad thing. Well, provoded that it is still within your means and ypu don't habe to take out a loan just to buy gifts and spend an extravagant christmas. Spending habits are very important to uphold and all but if you don't use your money for nice things at least once in a while, even if stockpiles into the millions I don't think it will hold any value to you. So use your money, and use it wisely, is supposed to be the right advice.

Some would be saying that money cant buy happiness and on the time where people do buy off things for their loved ones and even taking up a loan on doing that then they would  really be that feeling

satisfied or happy.Sensible act? For them its yes and they arent minding on the problems lies ahead specially on repaying those debts that you had gotten due to that kind of mindset on being generous on Christmas day.If you've been using your own savings then it should really be just small and not taking a huge slice overall.

If you arent that sensible towards your actions or just using up your awareness that money is important then you would be spending like mad.

In some extent some people do not spend their money wisely which is only few people that know that during a festival Pier road you have to spend and remain for investment so they are for those people that I have such understanding are the same people that we go back to festival. Which is another festival the period with a something potential

We are in winter and everywhere is cold and there are chances that this is the best time for COVID-19 to be easily spread even when the government had put in efforts to eradicate the COVID-19 virus finally. We need to stay safe and prevent ourselves from danger so that we will not be a victim of something that would take our lives.

I would say there are times in a persons life when you should ignore the financial consequences of your actions. I understand that as our nature in bitcointalk, people here like money more than living the life, or at least think that they should become very rich first and then start living life.

But, I am not one of those people, I rather have a happy life with low financial stability than a life where I postpone everything and not live it properly with hopes that I may get rich one day. This Christmas and new years has been quite expensive for me, and I mean a lot, so it's really just a normal thing that I am facing the troubles with it, but had a good week.

Trying to live a simple life is better and also not neglecting small parties with friends and family is an effort to maintain harmony and I think it's important to do this even though not only in the new year. That's why we need to tackle the problem of inflation by taking a simplistic approach to the minutiae associated with unnecessary levels of wastage.

While small parties we can do simply, enjoy nature while camping, grilling fish and lighting a bonfire with family and friends, isn't this much more fun and not a financial burden.

Some people may live different lives from each other, that is a common thing to happen, liking money instead of living a normal life or thinking of being richer is an effort that is not really necessary in my opinion, let alone having to live a life that limits itself to loans and monthly bills, precisely this pattern of life will only get someone in trouble.

Inflation and recession have so affected human life today, many basic needs cannot be met, instead we are forced to live in luxury by borrowing money only for New Year's parties. For me this is too forced, because there are many ways to celebrate togetherness with a simple pattern and I know it's not your type, we are only discussing the discussion that OP conveyed in this post.

Not joining parties can really save your life, and having your own small party can also save you and your wallet. Though COVID is not rampant right now as we are almost all vaccinated, we should not take it for granted because it can really spread easily. A small gathering, such as with nearby relatives or just your family, is preferable than those big parties. Though, due to the recession, the prices of food and items are still high, so it's best to save or only spend a few dollars as it's just a simple celebration. 

Party events certainly require a lot of money so not having one is a good thing,
because that way at least what you should spend a lot of money on doesn't happen and can be diverted to other things that are more important,
what is clear is that all of these are choices so everyone has the right to make their own decisions.

You want to tell us about how to wisely use money every day, right? It's not wrong to say that to everyone because being wise in using money is also the most important part in everyone's life and it can also help them when certain conditions or when conditions are in trouble.

But what is a barrier for some people to do this is about the size of the income they get every day, because when some people still make very little money every day. I think they will not look wise in using their money because it is not sufficient for their daily needs.

I am not vaccinated against the Covid-19 virus, but I have been sick twice and have developed immunity.  

Partying has its perks....  

Coronavirus Covid-19 is not the only viral disease transmitted by airborne droplets.  There are also influenza virus, cold virus and other similar viruses.  Each year, all these viruses undergo significant mutations.  

Therefore, it is very useful when visiting a large crowd of people to acquaint your body with samples of these viruses.  It trains your immunity.  In this case, it is necessary to avoid getting a large portion of the virus into the body (this will inevitably lead to illness).  So be careful that people don't cough directly into your face.  

Parties also cost a lot of money, but socializing and entertaining reduces stress and is therefore good for health and wellness.

If anyone overspent during the holidays, they are currently feeling the heat everytime they check their bank accounts. For married people with young children in particular, this is important.
Given their current financial devastation as a result of their unwise decisions, some families may begin taking out loans in January. They would have to carry a great deal of the strain because they can no longer turn to friends for support. Nonetheless, with sound planning, they can bounce back before the second quarter of the year starts.

Saint Valentine's Day is approaching. I suggest either to start saving right now, to divorce or dump (but marry or find a second half after Feb 14 obligatory).
https://i.imgflip.com/24i8tm.jpg

Jokes aside. Whether it is Xmas, New Year, Bday or Valentine's Day - these are not reasons to go bankrupt. Remember, it is better to give present from heart, but not based on a price tag.

one thing that is natural when shopping on holidays, and this is also carried out once a year and you can gather with your family, I think it's not only Christmas that people shop on religious holidays, all people on holidays always shop for their needs, and they have taking into account the budget they spend will not be over the existing funds

It would be a bit difficult to bounce back in the second quarter of the year if you’ve overspent during the Christmas festive season and perhaps now taking out a loan in January. You would need to service the loans with the crazy interest rates.
Turning to friends for loans would also be difficult as they also would obviously have bills they would need to settle. Generally, money is seen to tight during the beginning of the year and with sound planning in play, we would go running to the banks to borrow funds after spending during the festive seasons.

We have to celebrate according to the funds we have because those involved in bank loans have to pay high interest, we have to work half a year just to pay off the loan. I don't like loans, even though friends give loans without having to pay interest without a payment deadline, for me loans are the most binding and I don't want my salary to be used to pay off loans. However, if there is an emergency when my economy is down, then I have to apply for a loan to anyone because of my priority needs and that of my family.

I also detest taking out loans either from banks or from friends and family. Personally, I won’t turn to banks whenever or if at anytime I’m in a financial crisis. Then again, I try as much as I can to avoid whatever would lead me into financial ruin and trigger the action that would lead me to take a loan. Having Loans are never healthy for anybody’s finances.
I think taking out loans is like a tube of toothpaste. Extremely easy to take one out and very difficult to put it back in.

I think one should not go to banks for the loan - I was once looted in the name of investment and the scammer wanted me to take loan from the bank which I did.
Everyday I wish to slap him hard on his face. But I have left it to God for the justice. Life is so hard and we meet such horrible people everyday.

I disagree - most of the time money is the material and material is brought from money
If you don't have money- you can keep your children happy - you cant buy gifts for your parents and you cant eat out  ... But its good to keep a balance and not to over spend especially in those tough times

You've missed the "can't" part on making your children happy. Let's deal with the reality of life that everyone need money and it's more frustrating if you can't provide for your family. Those people that don't believe that money can't buy happiness, that's what they believe to think of and respect to that.

But if you'll start to realize everything, you'll even be sadder if you can't provide for your family for which the basic thing you need to have is money so that you can buy everything that your family needs.

And that's why every season where it's known to buy gifts, there are people that are having the spirit of giving because they want to spread the happiness and kindness that they've felt from other people and they're living on it.

However, it's true that we're dealing with financial crisis through inflation and cutting of jobs since the pandemic and that's why some may think that spending through that isn't wise.

Bolded part which i do really agree into this word or piece of advise that it wouldnt really be that necessary for it to be an expensive one if you are trying out to gift someone but there are really times
which it cant really be avoided for you to do so because it did really become part of todays society on showing off on how much those things cost off if we do speak about presents which someone could
able to brag on.If you are really that someone whose tight on the budget then it would be just ideal that you should put up limitations on buying up things so that you wouldnt be finding
yourself to be broke later on.

You speak well as a man who understands how to manage resources for the future, and I understand what you are saying about spending money wisely during Christmas, which is very good advice because most people spend their money during Christmas and Christmas celebrations without thinking about what will happen at the end, which may be an emergency problem or any other problems, but as a wise man who knows what he is doing during the time will know how to lavish his resources.

I get your point but some people saved money for the whole year for Christmas so that they can celebrate so it would be okay as long as you still don't go broke after Christmas or new year's celebrations. I am from Asia and we really celebrate these holidays and we tend to save money from our salary just to give gifts on that day and that is really what we are doing since we are children. As long as you still have money then no problem at all. Also, I've noticed that some people are not now celebrating this due to the financial crisis which is the best move rather than having a loan just to celebrate this holiday.

Yes, it's a very good idea for someone to celebrate Christmas festival with lot joy and enjoyment like by eating, drinking and buy yourself good gifts because it is being celebrated once in year, but I think that should make someone buy unnecessary things, or even go ahead to carry loan to celebrate Christmas. So we should wise when spending this money doing any festival because the festival celebration will just be a day and nothing x. So think well so one day joy should not later lead to many months or many days sadness, always think wisely and  celebrate it whenever it come will little you can afford because that is not the end of life.

Christmas expenses are sometimes inevitable especially for some families that have inherited a lifelong tradition of large gatherings during this season though in recent years the pressure to please people has shimmered due to the current inflation, its always important to plan ahead and have a budget, spouse needs to agree together on their limits and also excerise discipline in their spending.

some people have a giving hand and they spend so much on other people. My mother is like this and at the end she has an empty purse.
I have seen people giving bad gifts to people and saving their money - Its better not to give to other but don't give your unused items to the people as a gift!
These kind of festivities and people comments make me a loner!

sometime we spend so much time and energy to make other people happy and forget in all this that we too are destroying our mental health while doing that.
In our society we indulged so much in other people affair that we forget that we have destroyed too much other person's life these festive gathering are sometime more damaging then we ever imagine