Wednesday, December 11, 2013

Chirstmas Budget Building

Hubby and I planned out our budget this year like so...
We wanted to make this year alittle bigger (I know Dave would be screaming at me, but well, it is my money and I have every right to be stupid with it, and if I can own up to it, it is good... RIGHT?)
 My baby really doesn't need anything, but we like to make a big deal of Christmas.
My Liam, is GROWING so fast, and the things we wanted to get for him were more expensive so we planned to spend the bulk on him.
And Chris and I dont need much, so for the most part we get eachother the stuff that we want/need and go from there.

Ewan:  $50-100
-Bath Toys
-Stand up toys
-Clothes

Liam: $300-400
-3ds
-ps3 games
-Movies
-PJ's

Chris: $250
-Toys/Fun
-Games
-Needs (clothes etc)

Ashten: $250
-Whatever "santa" wants to bring me

That sad to say puts us at a Budget of close to $1,000.  YES that is alot for christmas, but this blog is about me being HONEST! and yes, that is a smaller budget for us.

However those arent the only people we shop for.  So we had a plan for that as well

Parents: $100 each (200 total)
Chris' siblings: $50
Lily's siblings: $50
Nieces and nephews: $100 (we have 6)
Close friends: $50
Other friends: $50
Employees: $100-$200 each (200-400 total)
This adds ANOTHER $800-1000.  Yes there we go a TRUE number of christmas.  And I am the FIRST to admit that is ALOT of money. 
However, going into it with this idea, makes things MUCH better

This is how we have kept track of the spending

LocationPriceTotalPerson
Costco8080Chris
Amazon5.0085.00Ewan
Amazon16.00101.00Chris
Amazon35.00136.00Ewan
Amazon5.00141.00Twins
Amazon100.00241.00Parents
Amazon40.00281.00Ewan
Amazon69.42350.42Chris
Zuiliy20.97371.39Ewan
Zuiliy37.95409.34Liam
Zuiliy23.00432.34Twins
Costco30.00462.34Lily
Point26.50488.84Friends
Amazon11.47500.31Lily
Amazon53.98554.29Lily
Amazon100.00654.29Lily
Amazon148.64802.93Liam
Amazon307.631,110.56Liam
Amazon130.001,240.56Chris
Amazon22.991,263.55??
Game Stop213.191,476.74Liam
Paypal30.941,507.68Lily
Game Stop42.631,550.31Liam
Amazon33.481,583.79Chris
Paypal13.761,597.55Chris
Castle53.431,650.98Chris
Dave 87.981,738.96Sis & Lily
Tea80.001,818.96Friends
 I love google docs.  It is something that I can update ANYWHERE I go and I can see what is going on.

From this I also can look at what we are doing and how much is where.  When I look at the account every few days, I see what we have spent where and we can break it down.  I also can figure out where I have spent money.
We have spent OVER budget on a few people,.. Namely Liam! :) and we still have a few last min things ot get, however Telling your money where it is going is VERY helpful.

I feel that the MOST IMPORTANT thing about a christmas budget is to be HONEST.  That is what we have done this year, even though we SHOULD spend less, knowing we are spending less then last year, and getting better is the best we can hope for.

What are your plans to save during the christmas season?

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