RST2009 saidI don't budget for the holidays. What are some of the strategies you guys use to pay for the big day? What's an average Christmas cost these days? I know it's in the $1000's for me, food, booze, presents. What's reasonable? Expected by your different families?
The best rule: DO NOT SPEND MONEY YOU DO NOT HAVE. To do otherwise is stupid.
If you get sucked up in the consumerism of The Holidays, you're the sucker capitalism wants you to be.
At our house, we don't do the gift-giving thing. It sets expectations. It causes grief. It's expensive. We haven't done gifts for several decades now. It's really pretty silly when you think about it: buying stuff you can't afford, for folks who may, or may not, want it, and, if you live on credit (DUMB), paying it off all year. Dumb, dumb, dumb.