Sunday, December 16, 2007

Our Christmas Budget

We try to keep the budget down for Christmas, but we both have large families and grew up with a tradition of lots of gifts. We were also able to keep some of the gift amounts lower than usual (like our parents) because we have $250 in gift cards to put towards some of the gifts.

In my husband's family we buy for all the kids but do a "grab" and draw names for the adults, so we need 2 grab gifts, one for the name hubby draws and one for the name I draw. And the grab is for a $30 gift.

Here's how our Christmas budget looks:

OUR FAMILY
Me - $20
Hubby - $20
Daughter #1 - $200
Daughter #2 - $200
Daughter #3 - $200

MY FAMILY
Mom - $20
Dad - $20
Sister #1 - $20
Sister #2 - $20
Sister #3 - $20
Brother in Law - $15
Sister's Boyfriend - $15
Niece #1 - $15
Niece #2 - $15
Nephew #1 - $15

HUBBY'S FAMILY
Mom - $20
Brother #1 - $20
Grab #1 - $30
Grab #2 - $30
Nephew #1 - $15
Nephew #2 - $15
Nephew #3 - $15
Nephew #4 - $15
Nephew #5 - $15
Niece #1 - $15

EXTENDED FAMILY (KIDS)
#1 - $5
#2 - $5
#3 - $5
#4 - $5
#5 - $5
#6 - $5
#7 - $5


TOTAL: $1,000