Happy Thanksgiving!

Right now, it’s tough for many to embrace those words. If the economic crisis boat is floating in your tub, that’s assuming your tub hasn’t already been foreclosed on, it’s hard to feel grateful. Retailers could likely find this to be the year that “Black” Friday becomes “Still in the Red” Friday. The idea of putting up a tree when you don’t know where the dollars will come from to put anything under it overwhelms us. I’m guessing doctors are handing out mood elevators faster than the neighbor who offered full-size candy bars on Halloween. Face it, it’s bleak out there – financially –  which means it’s also devastating emotionally.

Yes, it may be the worst holiday season you’ve ever experienced, financially. But it doesn’t have to be an emotional train wreck. It can be a time of reassessment, of rethinking that can lead to a resurgence of your spirit, if not your cash flow. In this long-term predicament, that’s crucial.

First, breathe deep. The next thirty-plus days are among the most stressful we face. Now, look inside. Do you matter? Of course you do. To someone. And, it’s not because of the stuff you buy. It’s because of you.  That’s the first lesson in making the holidays more manageable:

CUT YOUR LIST DOWN TO THOSE PEOPLE WHO MATTER.

How many of your holiday dollars are spent on “should” buys? Drop them. Giving isn’t about shoulds. Frugal people understand this. They don’t, however, reallocate that money to someone else. They reduce their holiday expenses.

The second lesson in your holiday-expense reduction plan?

WHAT CAN I DO FOR PEOPLE ON MY LIST THIS YEAR?

DO, not BUY. All of us have talents. Seldom do our talents and those of the people we care about match exactly. What can you do for someone that they will appreciate because they can’t do it. Or don’t want to. Or don’t have the time. That’s a great gift. (Don’t worry, I’ll be back in a few days with tips for all that “doing” you’ve decided to try this year.)

The third question you must ask to reduce stress and money this season?

WHO CAN I HAVE AN HONEST DISCUSSION WITH ABOUT GIFTING?

Years ago my best friend and I quit exchanging gifts. Our friendship was a year-long gift to each other. Family draws? Maybe you can stop them. Or reduce the limit. Or require the gift be homemade. Same at the office. Often, we overspend because we don’t want to “look” cheap. Anytime you can drop a draw, do so.

These three mindset changes can have an enormous impact on your holiday bottom-line, not to mention your emotional well-being. I hope they bring just a tad relief so that whether you’re enjoying a full-out turkey extravaganza or nuking a can of turkey noodle soup, you can embrace “Happy Thanksgiving,” (which, by the way, is a great time to broach that “drop the draw” discussion.)

Advertisements

One Response to “Happy Thanksgiving!”

  1. Happy Thanksgiving! « Frugal Fiction Says:

    […] admin wrote an interesting post today onHere’s a quick excerptTags: Add new tag, being frugal, Christmas ideas, economic crisis, Financial crisis, financial tips, frugal, Frugal Christmas, Frugal Factor, frugal life, Frugal Living, frugal tips, frugality, Holiday saving tips, Holiday stress relief … […]


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: