You get to decide what role gift exchanges play in your family. Christmas is a spiritual holiday, celebrating the birth of Jesus with your loved ones and friends. How do you define Christmas? If it’s defined by the stuff under the tree, you may want to reevaluate what it really means. Decide to make Christmas special by enjoying family traditions, and know that the choices you make today pave the way toward financial peace in the future. If your children are little, think small, because that sets the expectation for the next year. Make Christmas special by creating memories, choosing unique gifts just for your kids, and making your home the place your children want to be on Christmas morning. There’s no right answer when it comes to traditions-just the sweet years of memories that come with them. Whatever your tradition was, you’re likely to carry some of those special memories into your new family traditions. Or your family may have shared hot chocolate and one special gift the night before Christmas. Your Family TraditionsĪs you were growing up, your family may have enjoyed a shared experience instead of stocking up on gifts. And in case you’re new here, we never ever recommend going into debt-not even for the latest and greatest Star Wars action set. Instead, decide your limits ahead of time, and stick to them this year. Don’t be tempted by a last-minute deal to fill up space underneath the tree. So, no matter their ages, setting a budget for each child’s Christmas is key. Not only will a budget help you know what you can and can’t afford, but it’ll also help when your kids come down with a case of the “gimmies.”Īnd when it comes to figuring out the average number of presents you should get per child, your preplanned zero-based Christmas budget will get the final say. There’s no need for an expensive new video game if there’s not enough money to pay the electric bill. The last thing you want to do is gift so many presents that you can’t pay the light bill next month.
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That means their little eyes will be watching you as you show them how to give generously and receive graciously-no matter how many gifts they get on Christmas morning. And when it comes to raising kids, more is caught then taught. So that means how we parent our kids will be unique too. Why? Because the answer will always depend on how you define Christmas as a family.
When it comes to gifting, there’s no right answer. But how many presents is too many? What’s the average number of presents per child? And stocking stuffers-do they count? We all want to give our kids a Christmas to remember. 1 (Insert long, slow whistle here.) Crazy, right? Well, when you think about all those decorations, cookie-making ingredients, holiday dinners and gifts for family, friends, coworkers and your kid’s bus driver-it all adds up pretty quickly. The National Retail Federation projects that Americans will spend nearly $998 on Christmas this year. How Many Presents Should a Kid Get for Christmas? No matter your financial status, parenting style, or whether you set out milk or that dairy-free alternative for Santa on Christmas Eve, we all have one thing in common: We want to give our kids the best Christmas possible.
And if you’ve got kids, you know the joy of seeing their faces light up as they realize Santa stuffed himself down their chimney, dropped off a roomful of presents, and ate all the cookies in the house. Christmastime is one of the best times of the year.