For families trying to reduce debt, a critical moment of the year is coming. Holidays are always difficult to spend without increasing debt. I found this especially true for my own family. Reflections A few years ago it was hard to say where my trouble started. When I was a single parent, I got a great family infrastructure and the blessing of "Secret Santa"; at Christmas time, both of them used gifts to overwhelm my children. I call them blessings. However, when I was completely close to the theme of Christmas, I had a crystal ball. It is more frugal in business and more active in spirit or celebration.
Focusing on financial goals is especially important during the holiday season. It's easy to be distracted by the goal, and the kids are excited and looking forward to getting closer and closer every day. I found it easy to switch priorities by flipping credit cards in the past! The happiness and expectations of my children can easily exceed the need to get rid of debt every year. So I am here today, still paying for the Christmas past and planning how to achieve a debt-free Christmas.
I have been telling children for many years that "this Christmas will be very streamlined. We don't have much money to spend this year." I have discussed the financial situation with the children. I explained in detail how we repay our debts, the importance of getting rid of our debts in the future, and how I plan to complete debt elimination. Undoubtedly, this is a rude awakening for them. However, even if I gave a speech, my actions did not confirm my promise at Christmas.
Every year, I will surpass my sensitivity and squandering, always find new credit lines or increase credit lines to subsidize the holidays. I know this is a huge mistake. How can they take this extravagant public display seriously? However, I will continue to do so anyway. This is a perfect example of how we can make our emotions control our behavior.
But then it was a year later. from
In the year after I complete the maximum of each card, I can no longer receive additional or new credit lines. That year, I had no choice but to fulfill my promise. I must say that it is rough. But I do believe that it is more difficult for me than for them.
So what do parents do? to be frank! It is always the best policy.
Of course, my work has become easier because my child is no longer influenced by the "Santa Claus" legend. I sat down with them again, but this time I showed them the money I could say. Or, lack of money. I explained every cost in the budget. I compared it to income. I showed them on paper that we live at a minimum.
Then, I explained our debt and the contribution of Christmas to this issue in the past. I emphasize that this is the money I spend, I don't have it, now is the time I have to pay back. I also explained that this will be the first year I did not have these credit cards turned. I have no other choice but to follow up what I have said over the years; from
This Christmas will actually be very different.
If you have children and you choose to commercialize your holiday, I suggest you implement some celebrations right away. Pay more attention to the actual celebration or spirit of Christmas and minimize the importance of gifts. Of course, some specially selected or created gifts are more popular than rich, meaningless, short-lived gifts.
It is best practice to teach your child how to choose or create a gift based on the recipient's interests or needs. I know the importance of choosing the right gift for the sake of necessity. I also realized how over-dedication is. This is a few gifts that are truly treasured. Discard abundance almost immediately! I see it with my eyes year after year.
I know that in the evolving technology community, the task of creative donation becomes more and more difficult. However, I also believe that the more technical our society is, the more we miss longer life days. I have missed them and we have just started the technological revolution. Many of today's technologies are short-lived and constantly updated. If you live on a moderate income, it is difficult to keep up and not fall into debt.
Now show your kids a more meaningful Christmas, not only save some money, but you won't find yourself wanting to explain a lean Christmas holiday. Put it in the field of vision before it gets out of control, everyone gets a lot of disappointment and reality shock!
Everyone describes the right to debt relief. from
Financial security and independence are the choices that everyone can choose. Review the three simple steps to successfully eliminate debt.
If you use all debt-free life strategies together, you will succeed in debt-free life...
Orignal From: Christmas after credit card
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