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.