Christmas Economics: Is Overspending Tradition… or Just Bad Financial Habits?

[sunsilk]

~snip~

You can still celebrate and enjoy the moment without blowing money you don’t have. It’s all about setting a budget you can actually afford, not emptying your savings or putting yourself in debt just for a few days of hype. A good celebration shouldn’t come with financial stress afterward.

I agree, we can celebrate and enjoy the holiday and festive season without breaking the bank. Don't follow the tradition but follow your budget.

That's what people are forgetting about. It's normal for them to break the bank so that they'll be able to celebrate.

It's not a requirement to spend that much money just to be in for the celebration. Learn how to be simple so that after the feast, you won't be broke.

[karabiber]

They trigger people's urge to buy not only on special days for Christmas but also for shopping. If you are a social person, your urge to buy is always triggered. Because unnecessary buying is a neurological condition. They bring out our urge to buy with perceptions. The new generation shops more. Because inflation has made their money meaningless.

They remember that their fathers or grandfathers bought houses and cars on low budgets. Now, with that same amount of money, they can perhaps buy a nice cashmere coat. Therefore, there is a generation that believes they cannot own anything by saving money. This generation does not shy away from spending money on temporary things that will make them happy.