OPERATION CHRISTMAS CHILD 2012

Welcome to Cents To Save! Follow along as we pay down our debt, become mortgage free, and enjoy life. You can read more about this site here and subscribe to get all the latest updates sent to you by email or RSS feed here. Thanks for visiting!

$500 HOLIDAY CHALLENGE UPDATE

Getting back to the daily business of maintaining a reasonable budget, I have to revisit my $500 Holiday Challenge.  We are half way through this year and you all know that Christmas is coming and it will be here before you know it!  In past years, I always thought I was prepared, but I would ALWAYS go over budget.  This year, I want to be in control of Holiday Shopping.  I want to be prepared and not have that "I am not in control" feeling again.

What I have found very helpful with participating in the $500 Holiday Challenge is that I have a list of what I have already purchased and for whom I intended it for.  There is no repeating gift buying, no forgotten gifts, and I am reminded of what I have to work on such as photo calender for my mom.

Today, being  July 26, we are less than 6 months away from Christmas.   You still have time to get your shopping lists together, your budgets figured out and most importantly you will have control and peace of mind.

I currently have 145.00 in Amazon Gift Cards, earned from Swagbucks. 
 I am not really sure what I will spend these or for who, but they will definitely help me to stretch my Holiday Gift spending.

Before the move and the job changes, I also had automatic transfers to ING that went to several sub accounts,one of which was a "Christmas Savings" account.  Currently, we do not have any transfers taking place, when I start my new job and I figure out my pay periods, I will have the automatic withdrawals begin.

Currently I have $405.00 in my Christmas account.I have not yet transferred any money from that account to repay for what I have already purchased.  I will do that when I am done with my shopping.

 Have you  started your Holiday Shopping?  Do you have a Budget in place for your shopping?
For more ideas visit Penny at The Saved Quarter!

Related Posts:


19 comments:

Healthy Branscoms said...

Love your blog! I found your blog from the saved quarter and became a follower! :) Erin

www.healthybranscoms.com

Lisa said...

Thanks for the follow! Visited your blog and it is super!

Days said...

I'll be using Amazon gift cards earned and also just earned a Target gift card. I've gotten a few gifts on good sales. I'll have to get more serious about Christmas shopping this fall. My shopping budget is small.

Sharon said...

Lisa,
I just cashed in another $10.00 to Amazon from swagbucks. I've started collecting stocking stuffers and made out some lists. It's time for me to get a bit more serious with swagbucks and other sites that earn gift cards to reach my $500.00 goal. I plan on using my snowflakes to add to my Christmas funds too. Gift creativity will help too! Let's hope!

Grace. said...

Things are moving fast, Lisa, but not THAT FAST. It is not yet July 26th, so I've given you a whole extra month in which to save!

You're Welcome!

ND Chic said...

I haven't bought anything for Christmas yet. I have shopped early in the past and I find that I miss shopping in December.

Lisa said...

Hi Days! I love Gift cards! They make shopping so darn easy!

Lisa said...

Hi Sharon,
I love Swagbucks. My rate of accrual has slowed down a bit, but I hope to do better with that.

I hope you share some of your creative ideas with us, I look forward to reading all about them.

Lisa said...

Hi Grace,

I might be mistaken, but I think June 26th to Dec 26th is 6 months :)

Lisa said...

Hi ND Chic,

I do enjoy shopping in December, but this time I am planning on having most of it completed by then. Hoping it reduces the "panic" buying that I usually do last minute.

Sharon said...

Lisa,
Grace was referring to the fact that you typed July instead of June! :)!

Lisa said...

Sharon,

Thanks for pointing that out to me! Lol! Oops!! Apologies Grace!

~Carla~ said...

I have $1200 saved for Xmas, and I'm afraid that because I chose expensive electronic gifts for 2/4 kids, $1200 may not cut it... :/

Frugal Student said...

I have a budget of $200 for all expenses to do with Christmas, tree, extra food, presents etc. but I hope to get it down a bit. I make a yearly budget so I just add Christmas expenses in the budget and it is there when I need it but I would like to have kids and have to move my budget around.

Frugal Student said...

I have a budget of $200 for all expenses to do with Christmas, tree, extra food, presents etc. but I hope to get it down a bit. I make a yearly budget so I just add Christmas expenses in the budget and it is there when I need it but I would like to have kids and have to move my budget around.

ND Chic said...

I haven't bought anything for Christmas yet. I have shopped early in the past and I find that I miss shopping in December.

Days said...

I'll be using Amazon gift cards earned and also just earned a Target gift card. I've gotten a few gifts on good sales. I'll have to get more serious about Christmas shopping this fall. My shopping budget is small.

Healthy Branscoms said...

Love your blog! I found your blog from the saved quarter and became a follower! :) Erin

www.healthybranscoms.com

Spendwisemom said...

I thought of doing the $500 challenge and I still may, but my goal is just to have a debt free Christmas regardless of how much money I spend.

ShareThis