Tuesday, November 24, 2009

Today holiday spending tips

The show had some good ideas from viewers this morning. The areas I completely agree with:
1) Set a budget, say $250 (random number, make sure it suits your family needs)
2) With the budget above, outline. Meaning, delegate $40 for mom, $40 for Dad, $25 for brother, $30 for best friend, etc. Now take this outline with you shopping. If you find a sweater that you love for mom that costs $45, than someone on the list has to lose $5 from their allotment. The show went so far as to say bring this money in cash with you and actually take the money from dad's envelope and put into Mom's before buying.

There were a few areas I disagreed with, but its too late now in the year to debate them or use them, so look for those in January.

Click here to watch the video, its about 5 minutes.

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