As the holiday season approaches, there are many things to consider. One aspect is financing and how they will play out during this season. This year has seen many ups and downs, but we believe that there is a light at the end of this tunnel. As this year comes to an end, here are some things to consider during the holiday season.
Choose to shop or not
This year has brought about much uncertainty both financially and physically for so many people. We believe that this year it is up to you if you want to shop or not (as it should be every year).
Each year, many feel obligated to purchase gifts for others, but that shouldn’t be the case. If it is not in your best interest to shop this year, whether you feel that saving is more financially responsible this time around, or you’re simply not in the mood, remember you are entitled to whatever you’re feeling at this moment.
Consider your financial goals for the coming year
Begin to prepare yourself financially for the coming year and skip gift giving all together if this is an area that needs to be prioritized. Your finances are one of your priorities. Gift-giving is not a necessity. As we roll into the new year, let’s all consider how we want to recalculate our lifestyles financially and otherwise.
Release gift-giving guilt
We often feel a level of guilt when we don’t purchase gifts for others, or they aren’t as grand as we would like them to be. Your financial freedom is more significant than gift-giving. Give the gift to yourself of financial independence or the continuation of financial freedom. Releasing that guilt will assist you in being a lot more confident in your financial freedom.
Creativity is the base of the holidays. For gift-giving, utilize your creative thoughts or search for some ideas. Many times the art of creating your own is cheaper than purchasing something that is already made. Also, it shows how personable you are. What are some ideas? A framed picture of you and that person you are giving a gift to or creating a candle. Those small things can mean so much but not hit your pockets as harshly.
Focus on yourself and your priorities. Practice self-care and getting back to what makes you happy. Focusing on yourself will aid in in making the right life and financial decisions that will help you flourish in both the short and long-term.
How are you reimagining the holidays this season?