Cash After Christmas

Well, I did it again.  Not as bad…but I definitely did it again. 

I overspent on Christmas gifts.

Do you know what they say about this kind of stuff in Alcoholics Anonymous?  “Progress, not perfection.”

And I definitely made progress! 

Last year, I at least decided on the chunk of change I would spend.

And this year, with a little guidance from a Dave Ramsey article, I took it a step further.  I made a “Christmas” tab in my December budget and made a line item for each individual, family or group for whom I’d like to buy Christmas presents.

This gave me a more visual perspective on just how much I had available to assign to Christmas gifts, what percentage of my income was going to them and discern if it was really necessary to spend THAT much on my boss’ best friend’s neighbor’s postal carrier.  Can you tell that I really like giving gifts?!  Gift giving MIGHT be my love language!

But for most of my life, I’ve had no “plan” on how much I was going to spend, who I was going to spend it on and when to say “when.”  That was true of Christmas gifts and that was true of everyday life for me.

Not having a plan just lead to confusion, guilty feelings, fights with my husband and feeling trapped in a never ending cycle of “not enough.”

Even if you feel like you’re doing “ok” with your finances, Christmas can leave you scratching your head wondering where all the money went!  When all the glitter and lights are gone and the tree comes down, the cold light of day can often lead you to look at your broader financial situation and wonder why someone who makes such good money doesn’t have a lot to show for it after all the bills are paid.

My husband and I used to be just as confused until we started implementing the principles of Financial Peace University.  Now we know exactly where we are spending our money and why…and making sure it lines up with our goals and values.

It’s incredibly empowering and freeing to have that kind of intentionality around your finances and that is just what Financial Peace University will give you…if you’ll take it!

St. Peter’s will be hosting a class beginning on Thursday, January 11 from 6:30-8:30 pm.  It will be hosted by two Financial Peace University alumni, Tom Holl and Ima Mockovciak. 

To join the class, click here to register.

If you aren’t 100% sure about what all this Financial Peace University stuff is about…then you are invited to join us for a complimentary session.  That way, you’ll can get a better idea of what it is exactly…and if it’s time for you to be a part of it!

Faith RatteiComment