First Things First

Holiday Gift-Giving

Bryan and Melissa Laseter have two children. Early on in their marriage, they agreed to Christmas gift-giving limits for each other, and every year they blew it. Each year, Christmas Day arrived and both of them had gone above and beyond the limit.

“Clearly our intentions were not working when it came to gift-giving,” says Melissa. “We never wanted Christmas to be all about the presents. We quickly realized there wasn’t really anything we needed so we stopped giving each other a gift. If there was something we really needed, we would purchase that instead. This year, we are getting tires for our van. It may not be romantic, but it works for us.”

When the Laseters were expecting their first child, discussions began about how to handle Christmas gift-giving with their children.

“While I was pregnant, I saw something online that I thought was wonderful,” Melissa says. “Each child receives four gifts – something you want, something you need, something you wear and something you read. We decided to incorporate this into our Christmas tradition.”

The Laseters believe that this plan to purchase four gifts for child has relieved them of a lot of the stress and pressure many parents feel to indulge their children with lots of presents, which in many instances leads to a lot of financial stress.

“Many people believe that the size of the gift or the number of gifts given equates to how much you love that person,” Melissa says. “My husband and I want to make sure we don’t lose sight of the real meaning of Christmas. Our love for each other or for our children has nothing to do with the size or number of presents under the tree. Putting this plan in place now while our children are young will help keep expectations realistic as they grow older.”

Time together, enjoying each other’s company, attending Christmas Eve services, opening presents one at a time, and meals together are all traditions that the Laseters enjoy as they celebrate the season.

If you want to keep spending under control, take the emphasis off the stuff.  Then focus on creating meaningful traditions and memories. You might even want to consider adopting the Laseters’ gift-giving plan.

These additional suggestions may help you in your efforts to create a meaningful holiday season:

There are so many ways to make the holidays special without breaking the bank. Take a cue from the Laseters, and remember that memories and traditions like these matter most…long after the holiday season is over.

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